About Proxgy
Proxgy is a company based in Gurugram (India) founded in 2020 by Pulkit Ahuja.. Proxgy has raised $8.74 million across 7 funding rounds from investors including LetsVenture, Primarc and Planify. The company has 20 employees as of April 30, 2025. Proxgy operates in a competitive market with competitors including Trimble, Urbint, Powerplay, Breezeway and PlanGrid, among others.
- Headquarter Gurugram, India
- Employees 20 as on 30 Apr, 2025
- Founders Pulkit Ahuja
- Stage Minicorn
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Sectors
Real Estate & ConstructionTechnology Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$1.08 M (USD)1050as on Mar 31, 2024
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Net Profit
$-59.44 K (USD)85as on Mar 31, 2024
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EBITDA
$-16.02 K (USD)96as on Mar 31, 2024
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Total Equity Funding
$8.74 M (USD)
in 7 rounds
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Latest Funding Round
$3 M (USD), Series A
Dec 25, 2024
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Investors
LetsVenture
& 70 more
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Employee Count
20
as on Apr 30, 2025
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Product Management Team
2 people
Leadership Team
2 people
Operations Team
1 people
Head Team
1 people
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Funding Insights of Proxgy
Proxgy has successfully raised a total of $8.74M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $3.0M
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First Round
First Round
(19 Jul 2021)
- Investors Count 71
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Series A - Proxgy | Valuation |
investors |
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| Sep, 2024 | Amount | Seed - Proxgy | Valuation | Manish Patel , Manish Patel | |
| Jul, 2023 | Amount | Seed - Proxgy | Valuation | LetsVenture , Planify |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Proxgy
Proxgy has secured backing from 71 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include LetsVenture, Primarc and Planify. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in technology-driven innovations and partnerships in India.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage venture capital fund and accelerator and incubator
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Proxgy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Proxgy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Proxgy Comparisons
Competitors of Proxgy
Proxgy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trimble, Urbint, Powerplay, Breezeway and PlanGrid, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based positioning solutions are offered for industrial sectors.
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| domain | founded_year | HQ Location |
AI-driven urban datasets and analysis tools are offered by Urbint.
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| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
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| domain | founded_year | HQ Location |
SaaS-driven inspection management software for property and facility managers
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| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
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| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Proxgy
Frequently Asked Questions about Proxgy
When was Proxgy founded?
Proxgy was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Proxgy located?
Proxgy is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Proxgy?
Pulkit Ahuja is the current CEO of Proxgy. They have also founded this company.
Is Proxgy a funded company?
Proxgy is a funded company, having raised a total of $8.74M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jul 19, 2021.
How many employees does Proxgy have?
As of Apr 30, 2025, the latest employee count at Proxgy is 20.
What is the annual revenue of Proxgy?
Annual revenue of Proxgy is $1.08M as on Mar 31, 2024.
What does Proxgy do?
Proxgy was founded in 2020 in Gurugram, India, as an online platform focused on the industrial safety sector. IoT-based smart wearables and hazard detection solutions are offered to workers. The product lineup includes devices such as SmartHat, Sleefe, Lockator, and AudioPod. Sensors, cameras, and connectivity are integrated to monitor environmental conditions, identify risks, and enable real-time communication.
Who are the top competitors of Proxgy?
Who are Proxgy's investors?
Proxgy has 71 investors. Key investors include LetsVenture, Primarc, Planify, Gruhas, and Binary Semantics.
What is Proxgy's valuation?
The valuation of Proxgy is $12.81M as of Nov 2022.