How these former MyGate executives are redefining locker services for societies

Quick Summary:

Founded by former MyGate executives, Vijay Kumar Arisetty, Suraj H S and Pratap Chandana, Aurm aims to bridge the gap in India’s safe deposit sector, offering a secure, tech-driven alternative to traditional bank lockers.

Aurm estimated that by 2030, there will be 60 million affluent Indians needing safe deposit storage lockers in the top Indian cities.

These concerns have led to a noticeable shift towards the need for private safes that are perceived as more secure and free from the complexities associated with bank lockers.

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Article Details

Author / Journalist: Trisha Medhi

Category: StartupsEconomyBusiness

Markets: IndiaChina

Topics: Months Locker Startup Residents Arisetty Bank Banks Insurance Aurm Lockers Access

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-03 @ 01:15:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 1046 words

Reading Time: 6 minutes read

Sentences: 56 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24837960

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 5 posts per day

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News Last Updated: 10 hours ago

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