The largest managed office space supplier in Gujarat, DevX, said today that it has raised $ 3 million in capital from prestigious investors including the Urmin Family Office, the Bidiwala Family Office, Navneet Publications, Venus Infrastructure, and structural consulting firm Ducon. The funds will be used to expand nationally and internationally and increase the area under administration from 9,00,000 square feet to 2 million square feet.

DevX, a co-working space and accelerator created in September 2017 by three entrepreneurs the RUPaiyya trio, as they are called in the ecosystem—and one publicly traded company, Dev Information Technology Ltd., has just been recognized as Gujarat's market leader in the Managed office space segment.

The business was envisioned as a startup accelerator that nurtured innovative firms by meeting all of their needs. Through associated strategic alliances and services, the company positions DevX as an equal partner in growth.

DevX's various efforts are therefore designed to work together in harmony, allowing for the cross-pollination of ideas as a form of cooperative growth and progress. Initiatives from the organization address various needs along the value chain.