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Proxgy - About the company

Proxgy is a series A company based in Gurugram (India), founded in 2020 by Pulkit Ahuja and Inderjit Singh Makkar. It operates as a Manufacturer of industrial internet of things safety gear and wearables. Proxgy has raised $6.73M in funding from investors like LetsVenture, Lexical Systems and AKGVG, with a current valuation of $*****. The company has 599 active competitors, including 104 funded and 59 that have exited. Its top competitors include companies like BuildOps, Powerplay and Urbint.

Company Details

Manufacturer of industrial internet of things safety gear and wearables. Products include smart hats, audio pods, and location tracking devices designed for industrial environments. These hardware devices integrate with software platforms to provide visual monitoring, video conferencing, and data analytics for frontline workforce management. The technology facilitates remote collaboration and operational oversight through connected hardware and artificial intelligence tools.
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Registered Address
HOUSE NO 167 POCKET 1 SECTOR 23 ROHINI, New Delhi, NEW DELHI, Delhi, India, 110085
Key Metrics
Founded Year
2020
Location
Gurugram, India
Stage
Series A
Total Funding
$6.73M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 21, 2025
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
22 as on Jul 31, 2025
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Proxgy's funding and investors

Proxgy has raised a total funding of $6.73M over 7 rounds. Its first funding round was on Jul 19, 2021. Proxgy has 23 institutional investors and 52 angel investors.

Here is the list of recent funding rounds of Proxgy:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 25, 2026
7416315
Angel
2303772
8804819
4615324
7283073
Sep 18, 2024
7660055
Series A
1432053
5044456
6684891
Jul 12, 2023
5432162
Seed
9618663
3093185
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Proxgy's founders and board of directors

Founder? Claim Profile
The founders of Proxgy are Pulkit Ahuja and Inderjit Singh Makkar. Pulkit Ahuja is the CEO of Proxgy.
Here are the details of Proxgy's key team members:

Proxgy's Board of Directors

Proxgy's board has 4 active members. Tanya Dias and Pulkit Ahuja are part of team and Srijan Choudhary and Ketan Khanna are independent board members.
Here is the list of Proxgy's board of directors:
Name
Type
Representing
Status
Duration
zbaanpt
Team
-
Past
8y 2m
vluwoms
Investor
-
Past
4y 5m
{urpcgu
Independent board member
-
Past
2y 5m
ngakgrp
Independent board member
-
Past
1y 1m

Proxgy's employee count trend

Proxgy has 22 employees as of Jul 25. The total employee count is 47.0% more than what it was in Jul 24. Here is Proxgy's employee count trend over the years:
Employee count trend for Proxgy
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Proxgy's Competitors and alternates

Top competitors of Proxgy include BuildOps, Powerplay and Urbint. Here is the list of Top 10 competitors of Proxgy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BuildOps
BuildOps
2018, Santa Monica (United States), Series C
Software solution for facility management and commercial contractors
$226M
70/100
2nd
Logo for Powerplay
Powerplay
2020, Bengaluru (India), Series A
Provider of SaaS-driven communication and collaboration software for construction professionals
$15.6M
70/100
3rd
Logo for Urbint
Urbint
2015, New York City (United States), Acquired
Platform that offers AI driven datasets and data analysis tools
$144M
69/100
4th
Logo for Breezeway
Breezeway
2015, Boston (United States), Series B
SaaS-driven inspection management software for property and facility managers
$36.2M
65/100
5th
Logo for WakeCap
WakeCap
2017, Riyadh (Saudi Arabia), Series B
Provider of sensor-powered project-controls system for workforce visibility and intelligence
$32M
64/100
6th
Logo for XYZ Reality
XYZ Reality
2017, London (United Kingdom), Series A
Provider of cloud-based augmented reality software for construction professionals
$34.5M
64/100
7th
Logo for Trunk Tools
Trunk Tools
2021, New York City (United States), Series B
Provide software for project leaders to address the skilled labor shortage and align workers incentives
$70M
63/100
8th
Logo for PlanGrid
PlanGrid
2011, San Francisco (United States), Acquired
Provider of collaboration on web and mobile for field construction
$58M
61/100
9th
Logo for Northspyre
Northspyre
2017, Brooklyn (United States), Series B
Provider of real estate development management software for project lifecycle
$34.4M
59/100
10th
Logo for Hyphen Solutions
Hyphen Solutions
1998, Addison (United States), Series A
Collaboration and scheduling software for home construction sector
-
59/100
15th
Logo for Proxgy
Proxgy
2020, Gurugram (India), Series A
Manufacturer of industrial internet of things safety gear and wearables
$6.73M
58/100
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Proxgy's Latest cap tables and shareholding

Founders (largest shareholder) own 26.51%, Funds own 4.44%, Parent Entities own 15.87% and Enterprises own 25.37%. The net worth of Proxgy's founders is INR 110Cr as of Jan 21, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
26.51%
110Cr
8976459
6612978
6355306
6025054
6166129
4617829
7180422
5740539
6557673
2079107
Fund
4.44%
18.5Cr
9829
9896
1168
4570
5
6
7
8
5
8
3
4
6
3
5
5
Parent Entity
15.87%
66.2Cr
9950886
1776966
8867028
7208201
Enterprise
25.37%
115Cr
9967159
2373587
9374146
3507513
Angel
16.56%
71.8Cr
6928666
5860223
6885432
2523952
2
1
6
2
3
8
Other People
6.06%
25.2Cr
327884
270683
339099
804688
ESOP Pool
5.18%
21.6Cr
85909
34056
69326
85573
Total
100.00%
429Cr
4319669
3111466
1850001
1047991
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Proxgy's Shareholding

Proxgy's Investments and acquisitions

Proxgy has made no investments or acquisitions yet.

Reports related to Proxgy

Here is the latest report on Proxgy's sector:

News related to Proxgy

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Media has covered Proxgy for 1 event in last 1 year.
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