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.

How many employees does Proxgy have?

As of Jul 31, 2025, the latest employee count at Proxgy is 22.

Is Proxgy a funded company?

Proxgy is a funded company, having raised a total of $6.73M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 19, 2021.

How much is Proxgy worth?

The latest valuation of Proxgy is ₹***** as of Jan 21, 2025.

When was the latest funding round of Proxgy?

Proxgy's latest funding was a $***** Angel round on Mar 25, 2026, with participation from 0 investor.

What is the annual revenue of Proxgy?

Annual revenue of Proxgy is ₹9.56Cr as on Mar 31, 2025.

Where does Proxgy rank among its competitors?

Proxgy ranks 17th amongst 579 active competitors, of which 104 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Proxgy, which secured $213K in Mar, 2026.

Who are the top competitors of Proxgy?

Proxgy's top competitors include Powerplay, BuildOps and Urbint. Among them, Proxgy secured the most recent funding round in March, 2026.

Proxgy - 2026 Company Profile, Team, Funding, Competitors & Financials

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 579 active competitors, including 104 funded and 58 that have exited. Its top competitors include companies like Powerplay, BuildOps 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.

Website: www.proxgy.com/
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Key Metrics

Founded Year

2020

Location

Gurugram, India

Stage

Series A

Total Funding

$6.73M in 7 rounds

Latest Funding Round

Angel, Mar 25, 2026, $*****

Post Money Valuation

₹***** as on Jan 21, 2025

Investors

LetsVenture & 74 more

Ranked

17^th among 579 active competitors

Annual Revenue

₹9.56Cr as on Mar 31, 2025

Employee Count

22 as on Jul 31, 2025

Similar Companies

Urbint & 195 more

View Proxgy's full profile

Proxgy is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PROXGY LLP CIN: AAT-0896 , India, Active	Jul 27, 2020	-	-
PROXGY INDIA PRIVATE LIMITED CIN: U72900DL2020PTC372396 , India, Active	Oct 29, 2020	$1.13M (As on Mar 31, 2025)	22 (As on Jul 01, 2025)

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 25, 2026	6142167	Angel	7511578	3395109	3940374	9125192
Sep 18, 2024	4127243	Series A	3305784	3633206	6323327	Suniel Shetty & 11 more
Jul 12, 2023	7102574	Seed	4124352	2250417	LetsVenture & 2 more	Madhu Buildtech & 24 more

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View details of Proxgy's funding rounds and investors

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:

Pulkit Ahuja: Founder & CEO of Proxgy and founder of 1 other company.
Contact Info: 1 email address
Inderjit Singh Makkar: Former Co-Founder of Proxgy.
Contact Info: 1 email address

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
hcpxjuq	Team	-	Past	1y 1m
mxocuxu	Investor	-	Past	1y 9m
cvevfxm	Independent board member	-	Past	7y 5m
iscorex	Independent board member	-	Past	7y 9m

View details of Proxgy's Founder profiles and Board Members

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:

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Top competitors of Proxgy include Powerplay, BuildOps 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	Powerplay 2020, Bengaluru (India), Series A	Provider of SaaS-driven communication and collaboration software for construction professionals	$15.6M	Accel, India Quotient & 12 others	72/100
2nd	BuildOps 2018, Santa Monica (United States), Series C	Software solution for facility management and commercial contractors	$226M	Fika Ventures, Meritech & 30 others	70/100
3rd	Urbint 2015, New York City (United States), Acquired	Platform that offers AI driven datasets and data analysis tools	$144M	Energize Capital, Piva Capital & 12 others	69/100
4th	Breezeway 2015, Boston (United States), Series B	SaaS-driven inspection management software for property and facility managers	$36.2M	Catalyst Investors, Schooner Capital & 6 others	69/100
5th	XYZ Reality 2017, London (United Kingdom), Series A	Provider of cloud-based augmented reality software for construction professionals	$34.5M	Octopus Ventures, Amadeus Capital & 16 others	67/100
6th	PlanGrid 2011, San Francisco (United States), Acquired	Provider of collaboration on web and mobile for field construction	$58M	Tenaya Capital, ACE & Company & 6 others	66/100
7th	WakeCap 2017, Riyadh (Saudi Arabia), Series B	Provider of sensor-powered project-controls system for workforce visibility and intelligence	$32M	UP.Partners, Wa'ed Ventures & 9 others	65/100
8th	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	Insight Partners, Redpoint Ventures & 7 others	63/100
9th	Fieldwire 2013, San Francisco (United States), Acquired	Provider of a cloud-based collaboration platform for construction project teams	$40.4M	Formation 8, Bloomberg Beta & 10 others	63/100
10th	Hyphen Solutions 1998, Addison (United States), Series A	Collaboration and scheduling software for home construction sector	-	GreyLion Capital, Stone Point Capital & 3 others	60/100
17th	Proxgy 2020, Gurugram (India), Series A	Manufacturer of industrial internet of things safety gear and wearables	$6.73M	Planify, LetsVenture & 73 others	59/100

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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	6571009	2150898	9053588	9043971
Pulkit Ahuja	7604233	7183380	1118505	3683877	5297056	3357551
Fund	4.44%	18.5Cr	9546	3659	5180	8438
LetsVenture	8	8	4	3	8	4
Planify	4	1	8	2	1	1
Parent Entity	15.87%	66.2Cr	2301328	9216127	3990196	3950534
Enterprise	25.37%	115Cr	1587314	4315172	2108803	2457921
Angel	16.56%	71.8Cr	3197294	4995162	5640724	4701196
Manish Patel	6	2	6	6	8	5
Other People	6.06%	25.2Cr	510766	730961	788549	766269
ESOP Pool	5.18%	21.6Cr	46877	70901	50427	46982
Total	100.00%	429Cr	3068805	5724786	4115747	8355122