Cricketer Riyan Parag Invests in Industrial Tech Startup Proxgy

The investment adds to backers including Ajinkya Rahane, Nikhil Kamath, Peyush Bansal and Suhail Sameer.

By Entrepreneur Staff | Mar 26, 2026
Proxgy

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Proxgy, a technology startup focused on industrial and frontline solutions, has raised INR 2 crore from Indian cricketer and Rajasthan Royals captain Riyan Parag.

The investment adds to a roster of existing backers, including Ajinkya Rahane, Nikhil Kamath, Peyush Bansal, and Suhail Sameer.

The Gurugram-based startup said the fresh funds will be used to further develop and scale its industrial technology products.

Founded in 2020 by Pulkit Ahuja, Proxgy builds IoT-driven hardware and software solutions designed to improve safety and efficiency for blue-collar workers.

Its platform integrates proprietary hardware with software and an AI-led intelligence layer.

The company primarily targets sectors that require remote collaboration, training, and operational monitoring, especially in challenging work environments.

In December last year, Proxgy had also secured funding from cricketer Ajinkya Rahane as part of its ongoing USD 3 million Series A round.

Proxgy, a technology startup focused on industrial and frontline solutions, has raised INR 2 crore from Indian cricketer and Rajasthan Royals captain Riyan Parag.

The investment adds to a roster of existing backers, including Ajinkya Rahane, Nikhil Kamath, Peyush Bansal, and Suhail Sameer.

The Gurugram-based startup said the fresh funds will be used to further develop and scale its industrial technology products.

Founded in 2020 by Pulkit Ahuja, Proxgy builds IoT-driven hardware and software solutions designed to improve safety and efficiency for blue-collar workers.

Its platform integrates proprietary hardware with software and an AI-led intelligence layer.

The company primarily targets sectors that require remote collaboration, training, and operational monitoring, especially in challenging work environments.

In December last year, Proxgy had also secured funding from cricketer Ajinkya Rahane as part of its ongoing USD 3 million Series A round.

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