Indian cricketer Ajinkya Rahane invests in Proxgy’s Series A funding round

Proxgy, an IoT innovator specializing in safety, connectivity, and productivity solutions, has announced that Indian cricketer Ajinkya Rahane has invested in its ongoing $3 million Series A funding round.

Other key investors in the round include billionaire entrepreneur Nikhil Kamath, Bollywood superstar Suniel Shetty, industrialist Vinod Duggar and key investor Manish Patel, among others.

Leadership comments

"Having represented India on the global cricketing stage, I know the importance of discipline, innovation, and precision. Proxgy reflects these values, and their 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," said Ajinkya Rahane.

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."

Manish Patel, who is a Partner at CMG Group based out of the United States, added: "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."