Proxgy, an Internet of Things (IoT) technology company specializing in safety, connectivity, and productivity solutions, has announced that cricketer Ajinkya Rahane has invested in its ongoing $3 million Series A funding round.

Other notable investors in this round include Zerodha co-founder Nikhil Kamath, actor Suniel Shetty, industrialist Vinod Duggar, and key investor Manish Patel.

Founded in 2020 by Pulkit Ahuja, Proxgy leverages AI and IoT to develop innovative solutions where devices communicate seamlessly. Among its standout products are the SmartHat, a safety helmet equipped with the smallest gas detection sensor, health monitoring systems, cameras, and connectivity options like 4G and WiFi, and ‘Sleefe,’ a wearable smart device that transforms any cap into a smart cap, offering real-time monitoring and communication for industrial workers.

“Proxgy’s products have the potential to revolutionize safety and productivity in industrial settings,” said Ajinkya Rahane.

Pulkit Ahuja, founder and CEO of Proxgy, expressed gratitude for the support from investors, noting that the funding will drive the company’s global expansion.

Manish Patel, a partner at the U.S.-based CMG Group, highlighted the significance of Proxgy’s solutions, like SmartHat and Sleefe, in addressing critical gaps in industrial safety and productivity.

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