1) Install the Software Virtual Serial Port Driver from Eltima Software...

The Cu
rrent Version I am using is v8.0
2) Place the Bluetooth Module on the Proteus Schematic...You still need to have
Bluetooth Library from " http://www.theengineeringprojects.com/2016/03/bluetooth
-library-for-proteus.html "
3) Create the Virtual Serial Port Pair using the Virtual Serial Port Driver soft
ware
4) In the Schematic Provided after successfully placing the Bluetooth libraries
in the Proteus library folder...you can know simulate the provider Proteus Schem
atic
5) Make sure you the pair you created using Virtual Serial Port Driver software
should match with th COM Port Setting for your Bluetooth in Proteus and as well
as the Physical COM Module you placed in proteus.
For example:
COM1 in Virtual Serial Port Driver software == COM1 in Blutooth Module settings
in Proteus
COM2 in Virtual Serial Port Driver software == COM2 in Physical COM Module setti
ngs in Proteus