MyGate and NoBrokerHood have made plans for the year as they see traction for their applications in closed communities.
“We plan to cover 10 million homes by the end of this year compared to 2.5 million homes currently,” said Abhishek Kumar, COO of MyGate. “Residents now use the app for the maintenance of all financial books in the community, in addition to using the daily entry and exit features. ”
The company said that outside of metropolitan cities, it will focus on Kochi, Surat, Raipur, Lucknow and Jaipur, among other cities.
“MyGate has been able to help closed communities manage their finances. MyGate’s ERP solution has grown rapidly during the pandemic. The platform has seen bills worth over 100 rupees regenerated per month, indicating a huge adoption of the technology platform for closed community financial management, ”Kumar said.
NoBrokerHood, a company management app from nobroker.com, has announced that it will launch its services in 50 new cities over the next six months.
“The sharp increase in adoption of the app during the viral outbreak and the lockdowns that followed underscore its relevance in the ‘new normal’. Our decision to expand its geographic presence is based on this strong reception, ”said Amit Agarwal, CEO and co-founder of nobroker.com.
NoBroker has set aside Rs 150 crore for its expansion plans.
Application features such as contactless entry, the use of facial recognition to detect residents and frequent visitors such as housekeepers, drivers and other staff, have helped companies minimize physical contact. .
Experts say tenants and landlords are ready to go digital after the pandemic.