About DevelopX
DevelopX is a company based in Hamburg (Germany) founded in 2016 was acquired by Bencis in February 2022.. DevelopX offers products and services including Software Development, Digital Transformation, and Digital Business Building. DevelopX operates in a competitive market with competitors including KPMG, Booz Allen Hamilton, SGS, Teneo and Cognizant, among others.
- Headquarter Hamburg, Germany
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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Products & Services of DevelopX
DevelopX offers a comprehensive portfolio of products and services, including Software Development, Digital Transformation, and Digital Business Building. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Custom software solutions for complex business challenges and digital scaling.
Strategic planning and implementation for business modernization and growth.
Identification and execution of new digital models for enterprise expansion.
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Funding Insights of DevelopX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DevelopX
DevelopX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bencis. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward growth in selected sectors.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by DevelopX
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DevelopX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Developx Comparisons
Competitors of DevelopX
DevelopX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPMG, Booz Allen Hamilton, SGS, Teneo and Cognizant, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Audit, tax, accounting, strategy, and financial advisory services are provided.
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Analytics, cybersecurity, and digital transformation services are provided.
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Product inspection, testing, and digital transformation services are provided.
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Business consulting, financial advisory, and crisis management services are provided.
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Provider of software development, cloud & data management, and IT consulting services
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Strategic and management consulting services are provided worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about DevelopX
When was DevelopX founded?
DevelopX was founded in 2016.
Where is DevelopX located?
DevelopX is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.
What does DevelopX do?
DevelopX was established in 2016 in Hamburg, Germany, as a provider of diversified consulting services. Operations focus on various sectors, with expertise delivered through tailored advisory solutions. The company is led by Managing Directors Konrad Hintermair and Lukas Hostynski. Services encompass strategic consulting and operational support, primarily serving clients in the European market from its base in Germany.
Who are the top competitors of DevelopX?
DevelopX's top competitors include Booz Allen Hamilton, ZS and Teneo.
What products or services does DevelopX offer?
DevelopX offers Software Development, Digital Transformation, and Digital Business Building.
Who are DevelopX's investors?
DevelopX has 1 investor. Key investors include Bencis.