Vijay Arisetty joins Aurm as CEO
ECONOMY & POLICY

Vijay Arisetty joins Aurm as CEO

Aurm, an asset protection firm providing safe-deposit locker services, announced that Vijay Arisetty, a veteran of the Armed Forces and founder of MyGate, has joined as Founder and Chief Executive Officer (CEO).

Vijay Arisetty, who also serves as the Founder and Chairman of the Board of MyGate, brings in a wealth of experience in the armed forces and expertise in residential security. He played a pivotal role in setting up Aurm, a company that partners with banks and real estate developers to provide safe-deposit lockersto customers.

?Aurm is addressing a major gap in the availability of safety deposit lockers in India, especially for the urban affluent individuals and households. Our aim is to provide state-of-the-art safety deposit boxes enabled with the latest technology that are accessible and provide a secure solution to this problem,? Vijay Arisetty said.

Vijay Arisetty was the driving force behind MyGate, India?s largest gated community app that has secured over four million residents across 25000+ gated communities. An alumnus of the National Defence Academy (NDA), he served as a pilot with the Indian Air Force for a decade. He?s a recipient of the prestigious Shaurya Chakra for his role in rescuing over 300 tsunami victims at Andaman & Nicobar Islands.

Having obtained an MBA from the Indian School of Business (ISB), Vijay Arisetty served as a Vice President at Goldman Sachs for a period of five years. He is also an experienced entrepreneur, having previously founded two other startups: A logistics start-up Pyngcabs and a food-tech start-up Kitchens Food.

The idea of Aurm was born from the need for a secure and convenient way to store and access valuables in urban clusters in India. Vijay Arisetty brought together Armed Forces veterans and experts in intrusion prevention technology, security risk and operations to build a state-of-the-art vault that is fully automated and accessible round-the-clock all through the year.

?Security and protection run in the company?s DNA. I see the discipline, eye for detail and process orientation that veterans bring to Aurm, which is critical to build trustworthy relationships with our customers and partners,? Vijay Arisettysaid.

Talking about the deep research and consumer insights that preceded Aurm?s creation, Vijay said, ?To understand the nuts and bolts of setting up and operating locker facilities, I spoke to more than 1000 families, bank officials, bank locker security personnel and regulatory authorities. I realized that 90% urban affluent Indians don?t have access to a locker. In addition, the existing infrastructure needs an upgrade to keep up with evolving methods of theft and armed robbery.? Aurm was built to address this massive shortage of safety deposit boxes in India.

Aurm, an asset protection firm providing safe-deposit locker services, announced that Vijay Arisetty, a veteran of the Armed Forces and founder of MyGate, has joined as Founder and Chief Executive Officer (CEO). Vijay Arisetty, who also serves as the Founder and Chairman of the Board of MyGate, brings in a wealth of experience in the armed forces and expertise in residential security. He played a pivotal role in setting up Aurm, a company that partners with banks and real estate developers to provide safe-deposit lockersto customers. ?Aurm is addressing a major gap in the availability of safety deposit lockers in India, especially for the urban affluent individuals and households. Our aim is to provide state-of-the-art safety deposit boxes enabled with the latest technology that are accessible and provide a secure solution to this problem,? Vijay Arisetty said. Vijay Arisetty was the driving force behind MyGate, India?s largest gated community app that has secured over four million residents across 25000+ gated communities. An alumnus of the National Defence Academy (NDA), he served as a pilot with the Indian Air Force for a decade. He?s a recipient of the prestigious Shaurya Chakra for his role in rescuing over 300 tsunami victims at Andaman & Nicobar Islands. Having obtained an MBA from the Indian School of Business (ISB), Vijay Arisetty served as a Vice President at Goldman Sachs for a period of five years. He is also an experienced entrepreneur, having previously founded two other startups: A logistics start-up Pyngcabs and a food-tech start-up Kitchens Food. The idea of Aurm was born from the need for a secure and convenient way to store and access valuables in urban clusters in India. Vijay Arisetty brought together Armed Forces veterans and experts in intrusion prevention technology, security risk and operations to build a state-of-the-art vault that is fully automated and accessible round-the-clock all through the year. ?Security and protection run in the company?s DNA. I see the discipline, eye for detail and process orientation that veterans bring to Aurm, which is critical to build trustworthy relationships with our customers and partners,? Vijay Arisettysaid. Talking about the deep research and consumer insights that preceded Aurm?s creation, Vijay said, ?To understand the nuts and bolts of setting up and operating locker facilities, I spoke to more than 1000 families, bank officials, bank locker security personnel and regulatory authorities. I realized that 90% urban affluent Indians don?t have access to a locker. In addition, the existing infrastructure needs an upgrade to keep up with evolving methods of theft and armed robbery.? Aurm was built to address this massive shortage of safety deposit boxes in India.

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement