MyGate, MyCommunity Genie Gets Amalgamated: Bengaluru

MyGate, famous as a Community management app, acquired MyCommunity Genie in a cash and equity deal. MyCommunity Genie, founded in 2019 by Gangandeep Singh, is a Bengaluru-based company and has over 150 sellers across the city. Reportedly, the acquisition will help MyGate to expand its technology infrastructure and team expertise. ''We're big believers in the power of group buying and community commerce,'' said Abhishek Kumar, MyGate's Co-founder.