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Redefining wealth protection in urban India Aurms vision for smart wealth-tech solutions

Mint Mumbai

|

March 21, 2025

Successful businesses aren't built by following trends—they are built by solving real problems that impact people's lives. This is what Aurm is doing—revolutionising wealth protection with smart, automated, and easily accessible safe deposit lockers located within gated communities

Redefining wealth protection in urban India Aurms vision for smart wealth-tech solutions

India's financial landscape is undergoing a profound transformation. As investors diversify their portfolios beyond traditional physical assets, the question of safeguarding valuables remains largely unaddressed. Traditional bank lockers, long considered the standard for secure storage, are plagued by limited availability, inconvenient access, and bureaucratic hurdles.

Recognising this gap, Aurm is revolutionising wealth protection with smart, automated, and easily accessible safe deposit lockers located within gated communities. This ensures seamless security and convenience, empowering individuals to safeguard their wealth with cutting-edge technology.

In this special episode of Crafting Bharat, Amit Somani, managing partner at Prime Venture Partners, speaks with Vijay Arisetty, CEO & co-founder of Aurm on the challenges faced by urban India and the innovative solutions designed to meet their need for premium and secure wealth protection.

Arisetty brings a unique blend of military precision, fintech expertise and entrepreneurial vision. A former Indian air force helicopter pilot, Vijay transitioned to the corporate world in 2011 and, in 2015, co-founded MyGate—a pioneering platform that transforms security and visitor management for gated communities.

Tell us a little about your journey into entrepreneurship?

I come from an armed forces background and served in the Indian Air Force for 10 years as a helicopter pilot. In 2010, a medical injury forced me to make a tough decision—either continue with ground duties or look for a completely different career path. I chose the latter, pursued an MBA, and later joined Goldman Sachs, where I worked from 2011 to 2015.

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