Imagine a scene straight out of the Mahabharata—Sanjay narrating the Kurukshetra battle to a blind Dhritarashtra using divine vision. Now fast forward thousands of years. Two modern-day innovators, Pulkit and Inderjit, take that ancient concept of being “everywhere” and turn it into a Made-in-India tech marvel: Proxgy.
But let’s rewind for a second. Before becoming the brains behind Proxgy, Pulkit and Inderjit were just two ambitious guys from Delhi. Pulkit, the classic overachiever, was a gold medalist MBA and a serial entrepreneur. Inderjit, the quieter one, excelled in execution. They met during their corporate days at Standard & Poor’s, where they quickly realized one thing—corporate life wasn’t for them.
Their big break came in 2022, over one of those classic “what if” conversations. Pulkit pitched an idea that sounded like a scene from a sci-fi movie: What if people could remotely view, guide, and interact with any location in real time? Inderjit, ever the pragmatist, slept on it. By the next morning, they were all in.
The Birth of Proxgy: The MVP Phase
The duo started small, brainstorming in coffee shops and prototyping in their garages. The first iteration of Proxgy wasn’t perfect. It was clunky, had limited use cases, and, truth be told, nobody really “got” what they were trying to do. But Pulkit and Inderjit kept tweaking, testing, and reimagining the product.
Then came their first breakthrough—a patented Proxgy helmet that allowed hands-free video streaming, perfect for delivery personnel and industrial workers. Suddenly, things started clicking.
“Imagine you’re sitting in Delhi, but you want to shop live at Sarojini Market, or guide a worker in a Mumbai refinery in real-time,” Pulkit would explain to skeptics. And slowly but surely, people started seeing the potential.
The Shark Tank Saga
The game-changing moment? Shark Tank India, Season 4. Pulkit and Inderjit entered the tank with confidence—and a little bit of nerves.
“Namaste, Sharks,” began Pulkit, his pitch blending tech jargon and pure passion. They were asking for ₹35 lakhs for 5% equity, valuing their company at ₹7 crores. But as the sharks dove into the numbers, the pitch turned into a full-blown debate.
“Why not just strap a camera to your forehead?” one shark asked.
“Because this is more than just a camera!” Pulkit fired back, defending the value of their patented technology.
The room was electric. Sharks debated, questioned, and dissected every angle of their product. Some bowed out, skeptical of its scalability. But two sharks saw the vision—and the potential.
Their final offer? ₹50 lakhs for 10% equity. Pulkit and Inderjit huddled, weighed their options, and said yes. It was a moment straight out of a Bollywood movie, with Pulkit whispering, “This is it, bro. We’re doing it.”
Scaling to ₹400 Crores
What happened next could fill an entire book. Proxgy exploded onto the market with over 1,200 pre-orders worth ₹10 crores. They secured six patents, with multiple others pending. Their partnerships started rolling in, from retail giants to food startups needing real-time warehouse monitoring.
The applications were endless:
- Retail: Proxgy’s soundbox with integrated video tracking redefined how stores manage inventory.
- Delivery: High-value items like jewelry could now be monitored in real-time, reducing pilferage to zero.
- KYC Solutions: Financial institutions loved the ease of video-based KYC.
Within a year, Proxgy’s valuation skyrocketed to ₹400 crores. Yes, ₹400 crores for an idea born in a tiny Delhi garage.
Challenges Along the Way
Of course, it wasn’t all smooth sailing. Investors often questioned their focus, saying they were trying to do too much with one product. Pulkit, ever the dreamer, would argue for adding more features. Inderjit, grounded as always, would reel him back in.
“We’re a technology company!” Pulkit would insist.
“No,” Inderjit would counter. “We’re a product company that understands what the market needs.”
It was this push and pull that kept Proxgy grounded yet innovative.
Lessons from Proxgy’s Journey
Their story is a masterclass in perseverance and adaptability:
- Start with a Bold Vision: If people don’t get your idea at first, that’s a sign you’re onto something big.
- Focus, Then Expand: Pulkit and Inderjit learned to perfect their core offering before branching out.
- Embrace Criticism: Every skeptical investor and confused customer helped sharpen their product and pitch.
The Road Ahead
Proxgy isn’t stopping at ₹400 crores. Their eyes are set on global markets, with plans to integrate AI and expand into industries like healthcare and logistics.
As Pulkit likes to say, “This is not just a product; it’s a movement.” And with numbers like these, it’s hard to argue.
Proxgy’s journey proves that with the right mix of vision, execution, and resilience, even the wildest ideas can become game-changing businesses. Who knows? The next time you book a live assist or monitor a warehouse in real-time, you might just be using Proxgy.
And to think—it all started with a garage, a helmet, and a crazy dream.
