RentenPe has entered a landmark partnership with Mygate, the country’s leading community management app. This strategic alliance is all set to revolutionize rent transactions for millions of Indian households by embedding RentenPe’s cutting-edge payment and rent credit scoring infrastructure directly within the MyGate app.
Through this integration, all rent payments made via Mygate will now be powered by RentenPe, enabling seamless, secure, and rewarding rent transactions, resulting in win-win situations for both tenants and landlords.
The collaboration marks a major step in RentenPe’s mission to organize India’s fragmented residential rental economy, while simultaneously driving user acquisition and unlocking credit potential for millions of renters who are outside the ambit of the formal credit ecosystem. RentenPe’s services have now been extended pan India, catering to both tenants and landlords and helping them build a 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:
Integrated Rent Payment Experience: Mygate users can now seamlessly pay rent using credit cards, debit cards, UPI, and net banking—with access to cashbacks, reward points, and up to one month free rent.
Build Your R Score™: Each transaction helps tenants build their proprietary R Score™, making them eligible for short-term, low-interest loans, rental deposit waivers, and improved trust with landlords.
R Card ™, your digital rental passport: R Card™ is a unique digital ID which integrates your verified rental profile and R Score™. The first rental identity in India and the future of smart renting, it gives a tenant access to better rental deals and financial benefits. R Card™ gives landlords access to early rent limits and complete visibility into the tenant’s profile, helping them make informed decisions.
Digital + On-Ground Activation: RentenPe and Mygate will jointly drive user awareness through in-app banners, push notifications, and on-ground marketing including kiosks, coupons, and standees in residential societies and corporate parks.
Landlord & Tenant Empowerment: With features like auto-generated rent receipts, rent history tracking, and rental identity via the R Card™, the platform will foster trust, transparency, and accountability across the ecosystem.
Mygate, with its presence in 25,000+ societies and over 4 million households, offers RentenPe an unparalleled platform to scale its mission of introducing rent to India's formal financial fabric. As Mygate expands its offerings to serve the entire household journey, RentenPe’s inclusion represents a leap forward in providing holistic, value-driven rental services.
“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.”
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