DevX, Gujarat’s largest managed office space provider, announced its entry into Pune with a 20,000 sq. ft., 250-seater managed office space center.
Located in the heart of Pune on Senapati Bapat Marg in a Grade A Asset named ICC Trade Tower, the center is spread across 20,000 sq. ft. DevX will further augment this with an additional 1 lakh sq. ft. within the next year.
The company is planning to expand its national presence by October 2022 with 15 centers and 10,000 coworking seats. Recently, DevX launched their 700-seater Hyderabad center, besides their third center in Ahmedabad and a Fintech accelerator center in GIFT city, Gandhinagar.
Recently feted as Gujarat’s leader in the managed office space segment, DevX is a co-working 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.
Speaking on the launch of the Pune Center, Mr. Umesh Uttamchandani, Co-Founder & CGO, DevX said:
“Pune is amongst the most dynamic ecosystems and destinations in India, and thus a preferred market for national and international companies wanting to set up their Global Capability Centers (GCCs) and Offshore Development Centers (ODCs) here. Now, having expanded to Pune, we stand poised to offer these firms best-in-class managed spaces matching global standards.”
Elaborating further, he said: “DevX expanding to Pune was just a matter of time, with our stated business goal of being the partner of choice for GCCs & ODCs. Accordingly, the Pune center is yet one more step forward in DevX’s vision of setting standards for those aspiring towards a world-class environment.
“Our new Pune center will be spread across 20,000 sq. ft., with an aspiration to further add 1,00,000 sq. ft. on or before the end of Q2, 2022. This center will strengthen our fort in the western part of the country. We are striving to expand our national presence by Q2, 2022, across 10 cities, 15 centers, 10,000 seats and 5 lakhs sq. ft. area. 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.”
Reaffirming the views and elaborating on DevX’s vision, Mr. Jaimin Shah, Board member – NASSCOM Foundation, Co-Chairman – ASSOCHAM Gujarat & Co-Founder and Managing Director, Dev Information Technology Ltd. said, “Segment leaders like DevX entering Pune is yet one more heartening indication of the city being amongst the top business destinations in the country. The DevX Pune center is sure to further spur the development and business growth of the region, given its pro-business policies. Domestic and international firms looking to set up ODCs and GCCs should look no further. The future is here in Pune and the sooner they are here, the sooner newer growth opportunities will emerge.”
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 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 2021.
DevX is a co-working 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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