NoBroker has filed an FIR against rival MyGate, alleging that the latter has stolen proprietary customer database of NoBrokerHood, a tech-enabled visitor and community management system for housing societies.
The companies aren’t sure how the confidential data was accessed by the other company, but since, their investigation indicates the same, they have filed the complaint on the matter.Both the companies are unaware if this is data theft, data breach or an internal leak by any stakeholders, with access to the data.
“It is disturbing to see that MyGate is having to resort to such dishonourable antics to survive competition. We have always believed that good ethics form the foundation of good businesses and induct all our employees with the best business practices. Companies should work within a legal framework and better their software instead of blatantly stealing competitors’ data,” said Saurabh Garg, cofounder and chief business officer of NoBroker.