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DevX Launches Second Coworking Space in Mumbai

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DevX, Gujarat’s largest managed office space provider, has announced the launch of its second coworking space in Mumbai – a 30,000 square feet, 400 seater center in Andheri East. DevX will further augment this with additional 50,000 square feet within next year.

Recently feted as Gujarat’s leader in the managed office segment, DevX is a coworking space cum accelerator founded in September 2017 by three entrepreneurs and one listed entity: Dev Information Technology Ltd.

The company was envisioned as a startup accelerator focused on nurturing innovative entrepreneurs. The different initiatives of DevX are structured to build synergies, enabling cross-pollination of ideas as a means of collaborative growth and development. As such, the company’s initiatives address different requirements across the value chain.

“Launching our second center in Mumbai helps us deepen our penetration and reaffirms our core values of offering world-class office infrastructure with an immersive experience,” said Umesh Uttamchandani, co-founder of DevX, at the opening event for the new space.

“We are proud to have global firms like Tim Hortons, IEX, QX Global, and Germin8 at the second center, helping us setting standards for the segment to aspire to. With our stated business goal of being the partner of choice for GCCs & ODCs, I am excited about the future of the Industry,” added Uttamchandani. “Growth-centric corporates 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.”

Reaffirming these views and commenting on his company’s experience, Navin Gurnaney, India CEO of Tim Hortons, said, “We are really excited to be at DevX center for the vibe, world class facilities, and immersive experience it offers. At Tim Hortons, we are very enthused, selective and possessive about the work environment, culture and vibe – which the DevX team absorbed and delivered on totally! From this Mumbai center, we look forward to expanding rapidly across India.”

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Chandresh Panchal, Senior Vice President of Employee Services at QX Global, also added, “For us at QX Global, it was like coming home when we decided to have a new Mumbai office. We are already there at DevX centers in both Ahmedabad and Noida, so it was a natural fit for us. We are excited to partner DevX in our third team location with them and look forward to continued world-class experiences here.”

As a core part of the ecosystem, DevX also provides a platform for industry professionals and companies to hold hackathons, seminars, and other events to address trends and issues. The company is planning further expansion and to thus consolidate it’s 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.

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Coworking Insights is the go-to source for trends, data, advice and insights for coworking industry professionals.

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