Pune, November 3, 2022: DevX, Gujarat’s largest Managed Office Space provider, today announced the launch of its 2nd Coworking space in Pune. 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 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 its allied strategic partnerships and services. The different initiatives of DevX are thus structured to build synergies, enabling the 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 – of DevX said, “Launching our 2ndrd center in Pune helps us deepen our Maharashtra presence and reaffirms our core values of offering world-class office infrastructure with an immersive experience. We are proud to have global firms like Aarete at the 2nd center, helping us set 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 25 centers across India, DevX will double its India portfolio by investing 60 crores.”

Reaffirming these views & commenting on their experience, Mr. Nilesh Gandhi, Vice President, Arete, said, “With this new Pune office, we envision to provide our team a surreal work experience, be it in terms of ergonomics, a non-monotonous work environment with flexibility and to also enable them to refresh & re-energize with amenities like Yoga and Meditation Areas.

We were looking for a Managed Office partner who takes care of all office requirements, while we focus on our work, the partner takes care of all administration and upkeep, and a partner who helps in scaling up and down too. And, with DevX we got just that, a really good customized office solution with our own branding and the best office environment.”

As a core part of the ecosystem, DevX also provides, around 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 expansion and thus consolidating its pan-India presence by 2022 end.

By Sujata