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DevX, Gujarat’s leading Managed Office Space provider, has recently unveiled its new coworking space in Indore, spanning 25,000 square feet and accommodating 300 seats. This expansion is part of DevX’s strategic plan to broaden its national footprint, with a commitment to invest Rs 60 crore to double its India portfolio. Recognized as Gujarat’s foremost player in the Managed Office Space segment, DevX operates as a coworking space and accelerator, founded in September 2017 by entrepreneurs Rushit and Umesh Parth, also known as the RUPaiya trio, alongside the listed entity: Dev Information Technology Ltd. The company was established with a vision to serve as a Startup Accelerator, fostering innovative startups by providing comprehensive support and resources.
DevX positions itself as an essential growth partner, offering support through strategic partnerships and services. The company’s initiatives are designed to create synergies, encouraging the exchange of ideas for collaborative growth. DevX’s diverse range of initiatives caters to various requirements across the value chain, positioning the company as a dynamic hub for startups and businesses alike.
DevX’s vision aligns with the changing dynamics of corporate preferences, with an increasing number of growth-centric businesses opting for managed workspaces. Their approach of providing premium workspace experiences at competitive pricing resonates with their clientele. With over 25 centres across India, DevX plans to expand its portfolio further, investing Rs 60 crore to achieve this expansion.
In addition to offering exceptional office spaces, DevX actively contributes to the industry ecosystem. It provides a platform for industry professionals, academia, and companies to host various events, seminars, and hackathons throughout the year, addressing trends and issues within the industry.
Looking ahead, DevX plans to further expand its presence and solidify its nationwide reach by the end of 2023. As a stalwart in the managed office space sector, DevX continues to innovate and provide tailored solutions, empowering businesses and startups to thrive in collaborative, inspiring environments.
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