- The 2nd centre is spread across 30,000 sq feet
- Total Assets Under Management – 7 Lakhs Sq feet
- Pan India presence with 25+ Centres across 11 cities
- To double India portfolio by investing Rs 60 crore
DevX, Gujarat’s largest Managed Office Space provider, today announced the launch of it’s 2nd Coworking space in Mumbai – a 30,000 sq feet, 400 seater centre in Andheri East. DevX will further augment this with additional 50,000 sq feet within next 1 year. To further expand it’s national presence, DevX plans to double it’s India portfolio by investing Rs 60 crore.
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 3 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 focussed 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, Mr Umesh Uttamchandani, Co-Founder – DevX said, “Launching our 2ndrd centre in Mumbai helps us deepen our penetration and reaffirms our core values of offering world-class office infrastructure with an immersive experience. We are proud to have global firms like Tim Hortons, IEX, QX Global & Germin8 at the 2nd centre, 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. 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 centres across India, DevX will double it’s India portfolio by investing 60 crore.”
Reaffirming these views & commenting on their experience, Mr Navin Gurnaney, India CEO, Tim Hortons, said, “We are really excited to be at DevX centre 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 & delivered on- totally! From this Mumbai centre we look forward to expanding rapidly across India”.
Opining about their experiences, Mr Chandresh Panchal, Senior Vice President – Employee Services, QX Global, said, “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 centres in both Ahmedabad and Noida, so it was a natural fit for us. We are excited to partner DevX in our 3rd team location with them and look forward to continued world-class experiences here”
Putting it in perspective, Mr. Satyanarayan Goel, Chairman and MD, Indian Energy Exchange, stated: “Managed workspaces offer futuristic solutions for organisations to optimise resources and focus on building their business. I am confident that the world-class facilities and infrastructure provided by DevX centre will enhance our team’s coordination and collaboration, leading to increased productivity and satisfaction.” As a core part of the ecosystem, DevX also provides, round the year, a platform for industry, academia, professionals and companies to hold hackathons, seminars, events etc…to address trends and issues. The company is planning further expand and thus consolidate it’s pan-India presence by 2022 end.
About DevX:
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.
Swapan Dholakia
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Hire4Higher Consulting.