𝗣𝗿𝗼𝘅𝗴𝘆 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀, 𝗮 𝗦𝗵𝗮𝗿𝗸 𝗧𝗮𝗻𝗸 𝗜𝗻𝗱𝗶𝗮-𝗳𝘂𝗻𝗱𝗲𝗱 𝘁𝗲𝗰𝗵 𝘀𝘁𝗮𝗿𝘁𝘂𝗽, 𝗽𝗹𝗮𝗻𝘀 𝘁𝗼 𝗿𝗮𝗶𝘀𝗲 𝗥𝘀 𝟭𝟬𝟬 𝗰𝗿𝗼𝗿𝗲 𝗶𝗻 𝗮 𝗦𝗲𝗿𝗶𝗲𝘀-𝗔 𝗿𝗼𝘂𝗻𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗶𝗻𝗴 𝗺𝗼𝗻𝘁𝗵𝘀. The company, which manufactures satellite-connected, GPS-enabled smart locks for transport and logistics firms, is in talks with multiple funds and strategic investors to raise the Series-A round, according to Chief Executive Officer Pulkit Ahuja. "The fund will be utilised to support pan-India expansion, meet working-capital requirements and develop new products." The company's latest product, the Lockator smart lock, was created for the transportation and logistics industry dealing with wagons and containers. 𝗥𝗲𝗮𝗱 𝗠𝗼𝗿𝗲: https://www.planify.in/planify-news/proxgy-to-raise-rs-100-crore-for-expansion-product-development/ 𝗥𝗲𝗮𝗱 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.planify.in/research-report/proxgy/