devx commerce

Bengaluru, India Founded: 2023 • Age: 3 yrs
Provider of storefront solutions for businesses

About devx commerce

devx commerce is a Retail company based in Bengaluru (India) founded in 2023 by Brijesh Agarwal and Pushpal Maheshwari. Provider of storefront solutions for businesses. The company has 37 employees. Its chief executive, as recorded, is Pushpal Maheshwari. Its Indian entity Devxconsultancy Private Limited reported revenue of β‚Ή5.34 Cr. devx commerce offers products and services including cartx Platform. Its focus areas include E-Commerce Enablers, Plugins, Shopify and Diversified. Its competitors include 2Hats Logic, Skai Lama and Cornercart; 1 of its 3 listed competitors has raised funding.

Company details

devx commerce was established in 2023 in Bengaluru, India, as a provider of storefront solutions within the e-commerce sector. Custom web development and headless commerce are offered, alongside services ranging from consultation and planning to design, development, and optimization. Operations support businesses by addressing digital needs in a structured manner.

Key Metrics
  • Annual Revenue
    ₹5.34 Cr

    FY 2025 · +215% YoY

  • Net Profit
    ₹66.7 Lakh

    FY 2025 · 13% margin

  • EBITDA
    ₹1.04 Cr

    FY 2025 · 19% margin

  • Investors
  • Employee Count
    37

Products & Services of devx commerce

devx commerce offers a comprehensive portfolio of products and services, including cartx Platform.

cartx Platform
Technology Platform

Offers tools for technology outcomes in retail and e-commerce.

Funding Insights of devx commerce

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of devx commerce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2024Seed–Avinya Ventures
–
Valuation history

1 investors in total: 1 institutional.

Investors in devx commerce

devx commerce has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Avinya Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital investing in startups with founder market fit.
2023avinya.vcMumbai, India
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Investor details for devx commerce

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Board of directors of Devxconsultancy Private Limited (devx commerce)

Devxconsultancy Private Limited is the primary company behind devx commerce. The board of Devxconsultancy Private Limited currently have 2 directors; the longest-serving is Brijesh Manoj Agarwal, appointed in 2023.

DirectorDesignationAppointedTenureEntity
Brijesh Manoj Agarwal
DIN 09247921
Director13 May 20233 yrs 5 moDevxconsultancy Private Limited
Pushpal Prabhubhai Maheshwari
DIN 07309339
Director13 May 20233 yrs 5 moDevxconsultancy Private Limited

People of devx commerce

12 people are tracked at devx commerce (3 in leadership, 9 in team); the tracked headcount is 37.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Vraj Chaubal
AWS Vertical Head - SUPLeadership
Rakshit V.
React Native DeveloperTeam
Rachit Shah
SDE 1Team
Purvi Jain
Growth Lead - Retail & EnterpriseTeam
Helly Patel
Sde-1Team
Piyush Jain
Sde-2Team
Samarth Shinde
SDE 1Team
Dharmik Kakadiya
SDE 2 | Sr. Shopify DeveloperTeam
Utsav Dholiya
SDE 1Team
Karan Desai
SDE 1Team
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Complete people profiles for devx commerce

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Financials of devx commerce

Figures of Devxconsultancy Private Limited, the primary company behind devx commerce, for FY 2025. Revenue was ₹5.34 Cr (+215% year on year). Net profit was ₹66.7 Lakh (13% margin). EBITDA was ₹1.04 Cr (19% margin).

  • ₹5.34 CrRevenue · FY 2025 · +215% YoY
  • ₹66.7 LakhNet profit · 13% margin
  • ₹1.04 CrEBITDA · 19% margin
  • ₹10,000Paid-up capital
  • 47Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Devxconsultancy Private Limited are on its company page.

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Detailed financial statements for devx commerce

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Timeline of devx commerce

2 dated milestones of devx commerce across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded devx commerce is founded.
  2. Funding First funding round.

Competitors of devx commerce

devx commerce has 3 listed competitors in our database, 1 of them funded. They include 2Hats Logic, Skai Lama and Cornercart.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
2hatslogic.com2012Kochi, India56
Website development, e-commerce solutions, and digital services are provided.
skailama.com2021Noida, India7
Provides product bundling solutions tailored for Shopify sellers to enhance sales and efficiency.
cornercart.io2018Kochi, India$66,338
Cart plugins for Shopify stores are provided and integrated.
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Detailed competitors of devx commerce

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Verified entity values are shown only after access is granted.

Web traffic of devx commerce

The website of devx commerce (devxcommerce.com) receives about 2.3K visits a month.

  • Monthly visits
    2.3K

    ▼ 76.2% vs previous month

Similar websites

Websites whose visitors overlap most with devx commerce. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
devxtechnology.com
100%
2.1K#7,260,233View details

Top companies in E-Commerce Enablers & Infrastructure

3 companies that operate in the same segment as devx commerce (E-Commerce Enablers & Infrastructure) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.56 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
Express delivery logistics solutions are provided for businesses and individuals.
2015Bengaluru, Karnataka, IndiaUSD 246.8 MUSD 447.86 M
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Related news about Devx Commerce

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Complete news archive for devx commerce

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Frequently Asked Questions about devx commerce

devx commerce was founded in 2023 and raised its 1st funding round 1 year after it was founded.

devx commerce is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Pushpal Maheshwari is the CEO of devx commerce, as recorded in our data. They have also founded this company.

devx commerce has 37 employees.

The primary company behind devx commerce, Devxconsultancy Private Limited, reported revenue of β‚Ή5.34 Cr for FY 2025, up 215% year on year.

devx commerce was established in 2023 in Bengaluru, India, as a provider of storefront solutions within the e-commerce sector. Custom web development and headless commerce are offered, alongside services ranging from consultation and planning to design, development, and optimization. Operations support businesses by addressing digital needs in a structured manner.

devx commerce's top competitors include 2Hats Logic, Cornercart and Skai Lama.

devx commerce offers cartx Platform.

devx commerce has 1 investor. Key investors include Avinya Ventures.

devx commerce operates through Devxconsultancy Private Limited.

The legal entities of devx commerce currently have 2 directors, including Brijesh Manoj Agarwal, Pushpal Prabhubhai Maheshwari.

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