About Proxgy
Proxgy is a Real Estate & Construction company based in Gurugram (India) founded in 2020 by Pulkit Ahuja. Online platform offering IoT-based smart wearables and safety solutions for industrial workers. It operates in the Real Estate & Construction, Technology, and Industrial Goods & Manufacturing sectors. Proxgy has raised $8.95 million across 8 funding rounds from investors including LetsVenture, Primarc and Planify. The company has 20 employees. Proxgy was last valued at $12.81 million in November 2022. Its chief executive, as recorded, is Pulkit Ahuja. Its website proxgy.com draws about 15 thousand monthly visits. Its Indian entity Proxgy India Private Limited reported revenue of ₹9.56 Cr. Its focus areas include High Tech, Wearable Technology, Safety Devices and Workforce Safety.
Company details
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.
- Headquarters Gurugram, India
- Employees 20
- Founders Pulkit Ahuja
- Stage Minicorn
- SectorsReal Estate & ConstructionTechnology Industrial Goods & Manufacturing
- Email••••••••
- Website proxgy.com
- Social LinkedIn X Facebook
- Legal Name Proxgy India Private Limited
- Date of Incorporation 29 Oct, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹9.56 Cr
FY 2025 · +7% YoY
- Net Loss-₹7.41 Cr
FY 2025 · -78% margin
- EBITDA-₹3.68 Cr
FY 2025 · -38% margin
- Total Equity Funding$8.95M (USD)
in 8 rounds
- Latest Funding Round$212.95K (USD), Angel Round
Mar 2026
- InvestorsLetsVenture
& 70 more
- Employee Count20
Associated legal entities of Proxgy
Proxgy is associated with 2 registered companies on The Company Check; the primary company is Proxgy India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Proxgy India Private Limited CIN U72900DL2020PTC372396 | Active | 29 Oct 2020 | Delhi, Delhi | ₹9.6 Cr | 11 | 4 | View details |
| Proxgy Llp CIN AAT-0896 | Strike Off | 27 Jul 2020 | New Delhi, Delhi | 3 | View details |
Funding Insights of Proxgy
Proxgy has successfully raised a total of $8.95M across 8 strategic funding rounds. The most recent funding activity was a Angel Round of $212.95 thousand completed in March 2026. 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 $8.95M
- Total Rounds 8
- Last Round Angel Round — $212,948
- First Round $250,000
(Jul 2021)
- Investors Count 71
All 8 funding rounds of Proxgy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $212,948 | Angel Round | – | – | – |
| Dec 2024 | $3M | Series A | – | – | |
| Sep 2024 | $2.2M | Seed | – | Manish Patel, Manish Patel | |
| Jul 2023 | $2M | Seed | – | LetsVenture, Planify | |
| Nov 2022 | $249,596 | Seed | $12.81M | LetsVenture | – |
| Mar 2022 | $904,549 | Seed | $2.98M | Madhu Buildtech | |
| Feb 2022 | $132,179 | Seed | $••••• | Ashneer Grover, Peyush Bansal | – |
| Jul 2021 | $250,000 | Seed | $••••• | Lexical Systems |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2022 | $12.81M | •••••••• |
| Mar 2022 | $2.98M | •••••••• |
| Feb 2022 | $••••• | •••••••• |
| Jul 2021 | $••••• | •••••••• |
Full valuation and stage history of Proxgy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $12.81M (Nov 2022). 71 investors in total: 19 institutional and 52 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology-driven innovations and partnerships in India. | 2021 | gruhas.com | Bengaluru, India | |
| 2021 | culturecap.in | Delhi, India | ||
Early-stage venture capital fund and accelerator and incubator | otp.vc | Delhi, India | ||
Real estate properties are developed by Primarc in India. | 1987 | primarc.in | Kolkata, India | |
Paper products are manufactured by Madhu Buildtech in Delhi, India. | Delhi, India | |||
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Private equity marketplace for startup investments is operated. | 2017 | planify.in | Gurugram, India | |
Serves as a community-based investment platform for the startup ecosystem. | 2021 | cogniphy.us | Frisco, United States | |
AKGVG & Associates is engaged in providing accounting and auditing services in India. | akgvg.com | Delhi, India | ||
Investor details for Proxgy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Proxgy India Private Limited (Proxgy)
Proxgy India Private Limited is the primary company behind Proxgy. The boards of the 2 registered companies of Proxgy currently have 6 directors; the longest-serving is Ruchita Sharma, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ruchita Sharma DIN 08811011 | Designated Partner | 27 Jul 2020 | 6 yrs 3 mo | Proxgy Llp |
| Pulkit Ahuja DIN 05304467 | Partner | 30 Mar 2021 | 5 yrs 7 mo | Proxgy Llp, Proxgy India Private Limited |
| Ashish Gupta Kumar DIN 06745404 | Designated Partner | 30 Mar 2021 | 5 yrs 7 mo | Proxgy Llp |
| Srijan Choudhary DIN 08100485 | Director | 22 Dec 2022 | 3 yrs 10 mo | Proxgy India Private Limited |
| Ketan Khanna DIN 10611650 | Director | 06 May 2024 | 2 yrs 5 mo | Proxgy India Private Limited |
| Tanya Dias DIN 07991620 | Director | 06 May 2024 | 2 yrs 5 mo | Proxgy India Private Limited |
People of Proxgy
6 people are tracked at Proxgy (5 in leadership, 1 in team); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Bharath Palani Nathan | Vice President Operations | Leadership |
Gaurav Tyagi | Senior Vice President - Iot Smart Solution Development And Operations @ Proxgy | Leadership |
Antas Ahuja | Chief Operating Officer | Leadership |
| Head Of Business Strategy & Partnerships | Leadership | |
Naveen Chahal | Manager - Production & Operations | Team |
Complete people profiles for Proxgy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Proxgy
Figures of Proxgy India Private Limited, the primary company behind Proxgy, for FY 2025. Revenue was ₹9.56 Cr (+7% year on year). Net loss was -₹7.41 Cr (-78% margin). EBITDA was -₹3.68 Cr (-38% margin). Revenue has grown at a compounded annual rate of +764% over three years.
- ₹9.56 CrRevenue · FY 2025 · +7% YoY
- -₹7.41 CrNet loss · -78% margin
- -₹3.68 CrEBITDA · -38% margin
- ₹30.6 LakhPaid-up capital
- 11Employees (provident fund records)
- +764%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Proxgy India Private Limited are on its company page.
Detailed financial statements for Proxgy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Proxgy
4 dated milestones of Proxgy across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Proxgy is founded.
- Funding First funding round of $250K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $213K.
Web traffic of Proxgy
The website of Proxgy (proxgy.com) receives about 14.6K visits a month.
- Monthly visits14.6K
▲ 6.3% vs previous month
Websites whose visitors overlap most with Proxgy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
manufacturingtodayindia.com | manufacturingtodayindia.com | 100% | #476,102 | – |
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Related news about Proxgy
Complete news archive for Proxgy
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Frequently Asked Questions about Proxgy
Proxgy was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Proxgy is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Pulkit Ahuja is the CEO of Proxgy, as recorded in our data. They have also founded this company.
Proxgy is a funded company, having raised a total of $8.95M across 8 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Jul 2021.
Proxgy has 20 employees.
The primary company behind Proxgy, Proxgy India Private Limited, reported revenue of ₹9.56 Cr for FY 2025, up 7% year on year.
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.
Proxgy has 71 investors. Key investors include LetsVenture, Primarc, Planify, Gruhas, and Binary Semantics.
The valuation of Proxgy is $12.81M as of Nov 2022.
Proxgy is associated with 2 legal entities: Proxgy India Private Limited, Proxgy Llp.
The legal entities of Proxgy currently have 6 directors, including Pulkit Ahuja, Ruchita Sharma, Ashish Gupta Kumar and others.