Gurugram-based tech startup, Proxgy has raised Rs 2 crore in fresh funding from Indian cricketer and Rajasthan Royals captain Riyan Parag.
This investment adds to Proxgy’s growing list of notable backers, which already includes Ajinkya Rahane, Nikhil Kamath, Peyush Bansal, and Suhail Sameer.
Focus on Industrial Technology
The company plans to use the newly raised capital to further develop and scale its industrial technology products, aimed at improving operational efficiency and worker safety.
Founded in 2020 by Pulkit Ahuja, Proxgy builds IoT-led hardware and software solutions designed for frontline and blue-collar workers. Its platform combines proprietary hardware, software systems, and an AI-driven intelligence layer.
The startup focuses on industries where remote collaboration, training, and real-time monitoring are essential, especially in challenging and high-risk work environments.
Continued Investor Interest
Proxgy has been steadily attracting interest from high-profile investors. In December last year, the company had also received funding from cricketer Ajinkya Rahane as part of its ongoing $3 million Series A round, a development earlier reported by Entrackr in September 2024.
With this latest investment, Proxgy continues to strengthen its position in the industrial and frontline technology space, as it works towards building solutions that enhance productivity and safety across sectors.
-By Shivani Solanki
