{"id":135113,"date":"2026-03-25T14:00:45","date_gmt":"2026-03-25T17:00:45","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/901694242"},"modified":"2026-03-25T14:00:45","modified_gmt":"2026-03-25T17:00:45","slug":"explained-all-about-proxgy-the-tech-company-riyan-parag-rahane-have-invested-in","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/25\/explained-all-about-proxgy-the-tech-company-riyan-parag-rahane-have-invested-in\/","title":{"rendered":"EXPLAINED: All about Proxgy, the tech company Riyan Parag, Rahane have invested in"},"content":{"rendered":"
<\/div>\n

Rajasthan Royals captain Riyan Parag has invested Rs 2 crore in Proxgy, an innovation-led ‘Make in India’ product and technology company.<\/p>\n

Parag will join other cricketers such as Kolkata Knight Riders captain Ajinkya Rahane who have invested in the company, which is one of the highest-funded startups.<\/p>\n

“What drew me to Proxgy was the balance they’ve achieved between innovation and execution,” Parag said in a release. “They’re building products that stand out immediately, but what truly impressed me was the thinking behind them, especially the focus on safety and accessibility for blue-collar workers who operate in challenging environments every day. It’s rare to see innovation so closely aligned with real, on-ground impact.”<\/p>\n

What is Proxgy and what do they do?<\/b><\/h2>\n

Proxgy is a deep-tech and Industrial Internet of Things (IoT) startup, and designs smart devices and wearables. Their innovations are targeted at improving workplace safety, enhancing connectivity, and improving productivity, with a particular focus on blue-collar and industrial workers.<\/p>\n

Proxgy has won the Graham Bell Award, CES Innovation Awards, European Product Design Awards, and NASSCOM’s League of 10, among others.<\/p>\n

Established in 2020 by Pulkit Ahuja, the company first grabbed attention on Shark Tank India (Season 1).<\/p>\n

Some of their popular products are: SmartHat (an advanced industrial safety helmet with two-way communication, built-in cameras, health-monitoring sensors, and a wearable gas-detection sensor), Sleefe (smart wearable device that easily attaches to any standard cap, transforming it into a powerful communication and safety monitoring tool) and AirHat & Lockator (specialised smart hardware solutions designed for logistics, warehousing, and mining operations).<\/p>\n

During its appearance on Shark Tank India Season 1, the company was valued at approximately Rs 10 crore. The founders have since reported a 40x increase in a few years.<\/p>\n

Proxgy’s investor list reportedly includes Nikhil Kamath (co-founder of Zerodha), Peyush Bansal (Lenskart) and Bollywood actor Suniel Shetty.<\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… India' product and technology<\/span> company. Parag will join other … impact." Proxgy is a deep-tech<\/span> and Industrial Internet of Things …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-135113","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/135113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=135113"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/135113\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=135113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=135113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=135113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}