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Proxgy, a Gurugram-based technology company specializing in virtual assistance and concierge services, has announced the completion of its Series A funding round, raising $3 million.
The funding saw participation from Indian cricketer Ajinkya Rahane, along with Zerodha co-founder Nikhil Kamath, actor Suniel Shetty, industrialist Vinod Duggar, and investor Manish Patel, among others.
“The company plans to utilize the funds to expand its operations, introduce new product offerings, and strengthen its presence in international markets,” the statement said.
Speaking about the investment, Ajinkya Rahane said, “Having represented India on the global cricketing stage, I know the importance of discipline, innovation, and precision. Proxgy reflects these values, and its groundbreaking products have the potential to redefine safety and productivity in industrial environments. I am thrilled to support their journey and be a part of their mission.”
Commenting on the development, Pulkit Ahuja, Founder & CEO of Proxgy said, “Ajinkya Rahane’s support, along with that of Nikhil Kamath, Suniel Shetty, and Manish Patel, is a huge endorsement of our vision. This funding will enable us to expand globally and bring innovative solutions like SmartHat, Sleefe, and Lockator to industries that need them the most. Our journey has just begun, and the best is yet to come.”
Further adding to the statement, Manish Patel, Partner at CMG Group (United States), said, “Proxgy’s innovative products like SmartHat and Sleefe address critical gaps in safety and productivity across industries. Their potential to scale globally is immense, and I am confident they will set new benchmarks in industrial IoT solutions.”