About DevX Consultancy
DevX Consultancy is a Technology company based in Surat (India) founded in 2022. Technology services, software development, and digital solutions offered by DevX Technology. It operates on a B2B and B2C model. DevX Consultancy has raised $379.54 thousand across 1 funding round from investors including Avinya Ventures. Its Indian entity Devxconsultancy Private Limited reported revenue of ₹5.34 Cr. DevX Consultancy offers products and services including Software Solutions and Digital Consulting. Its focus areas include Industrial Supplies, Digital Tools, Software and Hardware Components and Software Development.
Company details
DevX Technology is identified as a provider of software and digital solutions that are utilized across multiple sectors. Its operations are focused on developing applications and tools that support business processes, with services including web development and data management being handled through established partnerships. The company is noted for maintaining standards in technology innovation, where products are created to meet industry demands without excessive promotion. Contributions to efficiency in tech environments are recognized, ensuring reliable delivery of solutions that adapt to evolving needs, all while adhering to professional practices.
- Headquarters Surat, India
- SectorsTechnology
- Website devxconsultancy.com
- Legal Name Devxconsultancy Private Limited
- Date of Incorporation 13 May, 2023
- Jurisdiction Surat, Gujarat, India
- 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
- Total Equity Funding$379.54K (USD)
in 1 rounds
- Latest Funding Round$379.54K (USD), Seed
Nov 2024
- Investors
Associated legal entities of DevX Consultancy
DevX Consultancy operates through Devxconsultancy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Devxconsultancy Private Limited CIN U62013GJ2023PTC141154 | Active | 13 May 2023 | Surat, Gujarat | ₹5.3 Cr | 47 | 2 | View details |
Products & Services of DevX Consultancy
DevX Consultancy offers a comprehensive portfolio of products and services, including Software Solutions and Digital Consulting.
Software applications are developed and maintained for various industries
Advice on digital strategies is provided to enhance operational efficiency
Funding Insights of DevX Consultancy
DevX Consultancy has successfully raised a total of $379.54K through 1 strategic funding round. The most recent funding activity was a Seed round of $379.54 thousand completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $379,536
- Total Rounds 1
- Last Round Seed — $379,536
- First Round $379,536
(Nov 2024)
- Investors Count 1
All 1 funding rounds of DevX Consultancy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $379,536 | Seed | – | Avinya Ventures | – |
1 investors in total: 1 institutional.
Investors in DevX Consultancy
DevX Consultancy has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Avinya Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investing in startups with founder market fit. | 2023 | avinya.vc | Mumbai, India |
Investor details for DevX Consultancy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Devxconsultancy Private Limited (DevX Consultancy)
Devxconsultancy Private Limited is the primary company behind DevX Consultancy. The board of Devxconsultancy Private Limited currently have 2 directors; the longest-serving is Brijesh Manoj Agarwal, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Brijesh Manoj Agarwal DIN 09247921 | Director | 13 May 2023 | 3 yrs 5 mo | Devxconsultancy Private Limited |
| Pushpal Prabhubhai Maheshwari DIN 07309339 | Director | 13 May 2023 | 3 yrs 5 mo | Devxconsultancy Private Limited |
Financials of DevX Consultancy
Figures of Devxconsultancy Private Limited, the primary company behind DevX Consultancy, 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.
Detailed financial statements for DevX Consultancy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of DevX Consultancy
2 dated milestones of DevX Consultancy across 2 years, from founding to its latest funding, stage changes and deals.
- Founded DevX Consultancy is founded.
- Funding First funding round of $380K.
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Frequently Asked Questions about DevX Consultancy
DevX Consultancy was founded in 2022 and raised its 1st funding round 2 years after it was founded.
DevX Consultancy is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
DevX Consultancy is a funded company, having raised a total of $379.54K across 1 funding round to date. The company's 1st funding round was a Seed of $379.54K, raised on Nov 2024.
The primary company behind DevX Consultancy, Devxconsultancy Private Limited, reported revenue of ₹5.34 Cr for FY 2025, up 215% year on year.
DevX Technology is identified as a provider of software and digital solutions that are utilized across multiple sectors. Its operations are focused on developing applications and tools that support business processes, with services including web development and data management being handled through established partnerships. The company is noted for maintaining standards in technology innovation, where products are created to meet industry demands without excessive promotion. Contributions to efficiency in tech environments are recognized, ensuring reliable delivery of solutions that adapt to evolving needs, all while adhering to professional practices.
DevX Consultancy offers Software Solutions and Digital Consulting.
DevX Consultancy has 1 investor. Key investors include Avinya Ventures.
DevX Consultancy operates through Devxconsultancy Private Limited.
The legal entities of DevX Consultancy currently have 2 directors, including Brijesh Manoj Agarwal, Pushpal Prabhubhai Maheshwari.