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DevX Enters Noida Market with New 2,000 Seat Center

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DevX, Gujarat’s largest managed office space provider, has announced its entry into Noida with a 150,000 sq. ft., 2,000 seater center. DevX will further augment the new location with additional square footage within the next year.

Recently feted as Gujarat’s leader in the managed office space segment, DevX is a coworking space cum accelerator founded in September 2017 by three entrepreneurs (the RUPaiyya trio as they are known in the ecosystem) and one listed entity: Dev Information Technology Ltd. The company was envisioned as an accelerator focused on nurturing innovative startups by providing them with all requirements.

Positioning DevX as an equal partner in growth, the company is supported through their allied strategic partnerships and services. The different initiatives of DevX are thus structured to build synergies, enabling cross-pollination of ideas as a means of collaborative growth and development.

Speaking on the launch of the Noida Center, COO Umesh Uttamchandani said, “Noida is the second most thriving startup destination in India, and thus a preferred market for national & international companies wanting to set up Global Capability Centers (GCCs) & Offshore Development Centers (ODCs) here. Now, having expanded to Noida, we stand poised to offer these firms best-in-class, world-standard managed spaces.”

“DevX expanding to Noida was just a matter of time, with our stated business goal of being the partner of choice for GCCs & ODCs,” said Uttamchandani.

“Accordingly, the Noida center is yet one more step forward in DevX’s vision of setting standards for those aspiring towards a world-class environment. This center will strengthen our position in North India with Jaipur, Raipur, and Chandigarh centers all becoming operational in one month’s time from today. We are a national operator that now has a presence in 11 cities and 20 centers. Offering best-in-class work-space experiences at competitive pricing is one of our hallmarks and we look forward to setting standards for the segment to aspire to,” he added.

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A view of a DevX coworking space.

Reaffirming these views and elaborating on DevX’s larger framework, Vibhor Jain, the Managing Director for North India at Cushman & Wakefield, said: “Segment leaders like DevX entering Noida is yet another heartening confirmation of the NCR being amongst the top business destinations in the country. The DevX Noida center is sure to further spur the development and business growth of the region, given it’s pro-business policies. Domestic and international firms looking to set up ODCs & GCCs should look no further. The future is here at NCR and the sooner they are here, the sooner newer opportunities for growth will emerge.”

As a core part of the ecosystem, DevX also provides a platform for industry, academia, professionals, and companies to hold hackathons, seminars, events etc. to address emerging trends and issues of concern in form of use cases within the corporate ecosystem. The company is planning a pan-India presence by the end of 2022.

About DevX:

DevX is a coworking cum accelerator envisioned to provide world-class, best-in-breed services to its clients. Firmly rooted in the ethos of collaborative growth through partnerships, DevX offers immersive accelerator services across the value chain, in addition to solving Enterprise Clientele’s Office Space Real Estate requirements.

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