RentenPe and Mygate Partner to Transform Rent Payments in India
Company News

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. 

RentenPe, India’s first Rent Credit Score™ platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. 

With this integration, all rent payments made via Mygate will now be powered by RentenPe, offering a seamless, secure, and rewarding experience for both tenants and landlords. This collaboration marks a major milestone in RentenPe’s mission to organise India’s largely unstructured residential rental economy. It also supports broader user acquisition goals and helps unlock credit access for renters currently outside the formal credit framework. RentenPe’s services are now available pan India, supporting tenants and landlords in building a digital rental identity. 

“This partnership bridges a critical gap in the residential rental ecosystem,” says Sarika Shetty, Co-founder and CEO, RentenPe. “By combining Mygate’s vast community network with RentenPe’s fintech capabilities, we are not just simplifying rent payments — we are building a financial identity for renters. Our Rent Credit Score (R Score™) turns rent into an asset that can improve creditworthiness and unlock future opportunities like loans, zero deposit renting, and even homeownership. This is the future of renting in India and will transform the rental experience for both landlords and tenants.” 

Key highlights of the partnership include: 
  • Integrated Rent Payment Experience: Mygate users can now pay rent via credit/debit cards, UPI, and net banking. Tenants can also access benefits such as cashbacks, reward points, and up to one month’s free rent. 
  • Build Your R Score™: Each rent transaction helps tenants build their R Score™, enabling eligibility for low-interest short-term loans, rental deposit waivers, and enhanced credibility with landlords. 
  • R Card™, Your Digital Rental Passport: The R Card™ acts as a verified rental identity integrating the tenant’s profile and R Score™. It provides access to better rental deals and financial products, while offering landlords early rent visibility and comprehensive tenant insights. 
  • Digital + On-Ground Activation: User awareness will be driven jointly through in-app banners, push notifications, and physical marketing at residential societies and corporate parks, including kiosks, standees, and coupons. 
  • Empowering Landlords and Tenants: Features such as auto-generated rent receipts, rent history tracking, and the R Card™ will foster greater trust and transparency across the rental ecosystem. 
With a presence in over 25,000 societies and more than 4 million households, Mygate provides RentenPe with a powerful platform to advance its goal of integrating rent into India’s formal financial ecosystem. This collaboration strengthens Mygate’s value proposition across the full household journey, while giving RentenPe scale and reach. 

“At Mygate, we believe in enhancing the everyday lives of our users,” said Rohit Jindal, Chief Business Officer, Mygate. “RentenPe’s technology helps us offer smarter rent payment solutions—whether it's paying rent on a credit card, building a credit profile, or simplifying the landlord-tenant relationship. Together, we’re solving a real-world problem at scale.” 

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Score™ platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all rent payments made via Mygate will now be powered by RentenPe, offering a seamless, secure, and rewarding experience for both tenants and landlords. This collaboration marks a major milestone in RentenPe’s mission to organise India’s largely unstructured residential rental economy. It also supports broader user acquisition goals and helps unlock credit access for renters currently outside the formal credit framework. RentenPe’s services are now available pan India, supporting tenants and landlords in building a digital rental identity. “This partnership bridges a critical gap in the residential rental ecosystem,” says Sarika Shetty, Co-founder and CEO, RentenPe. “By combining Mygate’s vast community network with RentenPe’s fintech capabilities, we are not just simplifying rent payments — we are building a financial identity for renters. Our Rent Credit Score (R Score™) turns rent into an asset that can improve creditworthiness and unlock future opportunities like loans, zero deposit renting, and even homeownership. This is the future of renting in India and will transform the rental experience for both landlords and tenants.” Key highlights of the partnership include: Integrated Rent Payment Experience: Mygate users can now pay rent via credit/debit cards, UPI, and net banking. Tenants can also access benefits such as cashbacks, reward points, and up to one month’s free rent. Build Your R Score™: Each rent transaction helps tenants build their R Score™, enabling eligibility for low-interest short-term loans, rental deposit waivers, and enhanced credibility with landlords. R Card™, Your Digital Rental Passport: The R Card™ acts as a verified rental identity integrating the tenant’s profile and R Score™. It provides access to better rental deals and financial products, while offering landlords early rent visibility and comprehensive tenant insights. Digital + On-Ground Activation: User awareness will be driven jointly through in-app banners, push notifications, and physical marketing at residential societies and corporate parks, including kiosks, standees, and coupons. Empowering Landlords and Tenants: Features such as auto-generated rent receipts, rent history tracking, and the R Card™ will foster greater trust and transparency across the rental ecosystem. With a presence in over 25,000 societies and more than 4 million households, Mygate provides RentenPe with a powerful platform to advance its goal of integrating rent into India’s formal financial ecosystem. This collaboration strengthens Mygate’s value proposition across the full household journey, while giving RentenPe scale and reach. “At Mygate, we believe in enhancing the everyday lives of our users,” said Rohit Jindal, Chief Business Officer, Mygate. “RentenPe’s technology helps us offer smarter rent payment solutions—whether it's paying rent on a credit card, building a credit profile, or simplifying the landlord-tenant relationship. Together, we’re solving a real-world problem at scale.” 

Next Story
Resources

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Next Story
Infrastructure Transport

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Next Story
Real Estate

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement