Aurm, an asset protection firm providing safe-deposit locker services, announced that it has appointed Vijay Arisetty as its founder and chief executive officer (CEO). Arisetty is the founder of community management app MyGate.
Arisetty 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 lockers to customers.
Bengaluru-based Aurm offers unique safe solution, which focuses on easy availability and access, high-end security, privacy, and even an insurance up to Rs 25 lakh.
“.. 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,” said Arisetty.
Aurm's other three co-founders include Ganesh Balakrishnan, Suraj HS, and Pratap Chandana.
Arisetty, who previously served as the chief executive at MyGate, had taken the role of chairman of the board in April this year. The Tiger Global-backed firm elevated co-founder Abhishek Kumar to the position of CEO.
Besides MyGate, Arisetty also founded two startups: Pyngcabs and Kitchens Food.