Could you try with this one:
{
"/api": {
"target": "http://url.com",
"secure": false,
"pathRewrite": {"^/api" : ""}
}
}
It works for me,
** NG Live Development Server is running on http://localhost:4200. **
10% building modules 3/3 modules 0 active[HPM] Proxy created: /api -> http://ec2-xx-xx-xx-xx.ap-south-1.compute.amazonaws.com
[HPM] Proxy rewrite rule created: "^/api" ~> ""