DevX will further augment this with an additional 50,000 sq. ft. of space within the next year. To further expand its national presence, DevX plans to double its India portfolio by investing Rs 60 crore.
Recently feted as Gujarat’s leader in the managed office space sector, DevX is a coworking space cum accelerator founded in September 2017 by three entrepreneurs: Rushit, Umesh Parth (the RUPaiyya trio as they are known in the ecosystem) and one listed entity: Dev Information Technology Ltd.
The company was envisioned as a startup accelerator focused on nurturing innovative startups by providing them with all requirements. Positioning DevX as an equal partner in growth, the company supports 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. The company’s initiatives address different requirements across the value chain.
“Launching our center in Jaipur helps us deepen our penetration in North India and reaffirms our core values of offering world-class office infrastructure with an immersive experience,” said Umesh Uttamchandani, co-founder of DevX. “We are proud to have global firms like Horizontal Digital Services and Salesforce at the center, helping us setting standards for the segment to aspire to.
“With our stated business goal of being the partner of choice for multinational firms, GCCs, & ODCs, I am excited about the future of the industry. At DevX we are bullish about India’s growth story being driven from tier two and tier three cities and are expanding accordingly. Growth-centric companies are increasingly opting for managed workspaces, which perfectly meshes with our philosophy of offering best-in-class work-space experiences at competitive pricing. With 20 centers across India, DevX will double it’s India portfolio by investing 60 crore,” Uttamchandani added.
Additionally, addressing DevX’s and Horizontal’s growing synergies, Parth Shah, co-founder of DevX, added, “With our Pan India expansion plans, we were bound to expand to The Pink City. We are excited for this launch of our Jaipur center, and the cherry on the cake being our clients i.e. Horizontal and Salesforce. As a workspace provider it cannot get better than this. While this is our first coworking space and Managed Office in Jaipur, we are aggressive with our Jaipur expansion plans and will soon have another center live in the city. Along with hosting Horizontal at our Jaipur office, we are also excited to welcome them to their Bangalore and Dubai offices soon.”
As a core part of the ecosystem, DevX also provides a platform for industry, academia, professionals, and companies to hold hackathons, seminars, and events to address trends and issues. The company is planning further expand and thus consolidate its pan-India presence by 2022 end.
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.