DevX

Ahmedabad, India Founded: 2017 • Age: 9 yrs Listed
Managed office spaces and coworking environments are provided for businesses.
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About DevX

DevX is a publicly listed company based in Ahmedabad (India) founded in 2017 by Rushit Shah, Parth Shah, Umesh Uttamchandani, and Jaimin Shah. Managed office spaces and coworking environments are provided for businesses. DevX has raised $16.16 million across 7 funding rounds from investors including Navneet Publications, Venus Infrastructure and Ardeko. The company has 39 employees. DevX was last valued at $17.71 million in December 2022. Its chief executive, as recorded, is Jaimin Shah. Its website devx.work draws about 14 thousand monthly visits. Its Indian entity Dev Accelerator Limited reported revenue of ₹236 Cr. DevX offers products and services including Managed Offices and Coworking Spaces. Its focus areas include Real Estate and Construction Tech, Commercial Real Estate Tech, CoWorking and Managed. Its competitors include BHIVE Workspace, IndiQube and 91Springboard; 3 of its 3 listed competitors have raised funding.

Company details

DevX was founded in 2017 in Ahmedabad, India, as a provider of managed office spaces and coworking facilities. Office designs are planned, buildings are constructed, and operations are managed to support team collaboration. Workspaces are ensured to comply with international standards. Services encompass design planning, execution of builds, and ongoing management within the commercial real estate sector.

  • Headquarters Ahmedabad, India
  • Employees 39
  • Founders Rushit Shah, Parth Shah, Umesh Uttamchandani, Jaimin Shah
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website devx.work
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Dev Accelerator Limited
Operational Areas
Real Estate & Construction → Real Estate Technology Platforms
Key Metrics
  • Market Cap
    ₹413 Cr

    DEVX · NSE

  • Share Price
    ₹42.13

    -1.22% today

  • Revenue
    ₹226 Cr

    FY 2025-26 · +42.2% YoY

  • EBITDA
    ₹109 Cr

    Margin 48.4%

  • Net Profit
    ₹7.69 Cr

    FY 2025-26 · +339.4% YoY

  • P/E (TTM)
    25.9x

    P/B 1.7x

  • ROE
    6.6%

    ROCE 10.8%

  • Debt / Equity
    3.14

    Interest cover 88.2x

  • Total Equity Funding
    $16.16M (USD)

    in 7 rounds

  • Latest Funding Round
    $2.9M (USD), Series B

    May 2024

  • Investors
    Navneet Publications

    & 38 more

  • Employee Count
    39

Products & Services of DevX

DevX offers a comprehensive portfolio of products and services, including Managed Offices and Coworking Spaces.

Managed Offices
Workspace Solutions

Fully managed office spaces for business operations and productivity.

Coworking Spaces
Shared Workspaces

Flexible coworking options across cities for professional collaboration.

Apps and channels of DevX

its YouTube channel Ga Gaspacho has 7 subscribers.

Ga Gaspacho
YouTube 7 subscribers Other
Open channel

Funding Insights of DevX

DevX has successfully raised a total of $16.16M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $2.9 million completed in May 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 $16.16M
  • Total Rounds 7
  • Last Round Series B — $2.9M
  • First Round $1M

    (May 2019)

  • Investors Count 39

All 7 funding rounds of DevX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$2.9MSeries B–Ducon Consultants, Margesh Shah
Maximus Wealth Management, Pratik Shreyas Sheth
Feb 2024Debt – Conventional––
–
Jan 2024$7MSeries B–Urmin Family Office, Bidiwala Family Office
Ajay Patel, Mitesh Patel
Apr 2023$3MSeries A–Navneet Publications, Venus Infrastructure
Bidiwala Family Office, Urmin Family Office
Dec 2022$2MSeries A$17.71MJ P Tobacco Products
Siddhant Investments, Parbhudas Kishoredas Tobacco Products
Oct 2021$265,596Seed$8.27MUrmin Group
–
May 2019$1MSeed––
–
Valuation history
DateValuationStage
Dec 2022$17.71M••••••••
Oct 2021$8.27M••••••••

Last known valuation $17.71M (Dec 2022). 39 investors in total: 18 institutional and 21 angel.

Investors in DevX

DevX has secured backing from 39 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Navneet Publications, Venus Infrastructure and Ardeko.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Urmin Family Office
Single-family office focused on multiple sectors
Bidiwala Family Office
Single family office services are provided to the Bidiwala family.
Gala Family Office
Equity and debt investments are made across multiple sectors.
Bengaluru, India
Chhattisgarh Investments
Investments, agriculture, and energy services provided by CIL.
1982cginvest.co.inNagpur, India
Siddhant Investments
Parbhudas Kishoredas Tobacco Products
Advent Envirocare
Offers water treatment, recycling, and zero liquid discharge plants for industrial sustainability.
1996adventenvirocare.comAhmedabad, India
Navneet Publications
Educational content and stationery products are published and manufactured.
1959navneet.comMumbai, India
Venus Infrastructure
Real estate infrastructure development services are provided in India.
1992venusinfra.inAhmedabad, India
Ducon Consultants
Structural and industrial design services with expertise in buildings and manufacturing projects.
1988duconconsultants.inAhmedabad, India
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Investor details for DevX

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Dev Accelerator Limited (DevX)

Dev Accelerator Limited is the primary company behind DevX. The boards of the 2 registered companies of DevX currently have 11 directors; the longest-serving is Umesh Satishkumar Uttamchandani, appointed in 2017. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Umesh Satishkumar Uttamchandani
DIN 07496423
Designated Partner14 Sep 20179 yrs 1 moDev Accelerator Llp, Dev Accelerator Limited
Parth Naimeshbhai Shah
DIN 07496443
Designated Partner14 Sep 20179 yrs 1 moDev Accelerator Llp, Dev Accelerator Limited
Jaiminbhai Jagdishbhai Shah
DIN 00021880
Designated Partner14 Sep 20179 yrs 1 moDev Accelerator Llp, Dev Accelerator Limited
Rushit Shardulkumar Shah
DIN 07496984
Designated Partner14 Sep 20179 yrs 1 moDev Accelerator Llp, Dev Accelerator Limited
Bhavik Jayantibhai Patel
DIN 00077656
Designated Partner01 Jul 20197 yrs 4 moDev Accelerator Llp
Yash Himanshu Shah
DIN 06698067
Director09 May 20242 yrs 6 moDev Accelerator Limited
Anand Anilbhai Patel
DIN 00002277
Director03 Sep 20242 yrs 2 moDev Accelerator Limited
Anish Alerk Patel
DIN 00034602
Director03 Sep 20242 yrs 2 moDev Accelerator Limited
Pathik Shailesh Patwari
DIN 02428297
Director03 Sep 20242 yrs 2 moDev Accelerator Limited
Praveen Kumar
DIN 09617351
Director03 Sep 20242 yrs 2 moDev Accelerator Limited
Gopi Trivedi
DIN 05004124
Director19 Sep 20242 yrs 1 moDev Accelerator Limited

People of DevX

4 people are tracked at DevX (4 in leadership); the tracked headcount is 39.

NameRoleGroup
Rushit Shah
Co-FounderLeadership
Parth Shah
Co-FounderLeadership
Umesh Uttamchandani
Co-FounderLeadership
Jaimin Shah
Co-Founder & CEOLeadership
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Complete people profiles for DevX

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of DevX

DevX is a publicly listed company on the NSE with ticker symbol DEVX in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: DEVX
  • Listed entityDev Accelerator Limited
  • Exchange sectorFinance
  • ISININE0VOV01021
  • Share price₹42.41 · 2026-10-14
  • Market capitalisation₹400 Cr
  • Price to earnings37.9
  • EPS (diluted, trailing year)₹1.12
  • Volume (last session)122,184

Financials of DevX

Exchange-reported figures of Dev Accelerator Limited, the listed company behind DevX (NSE: DEVX).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹226 Cr
+42.2% YoY
EBITDA
₹109 Cr
+35.8% YoY
Profit After Tax
₹7.69 Cr
+339.4% YoY
Net Worth
₹186 Cr
+238.7% YoY
Total Assets
₹599 Cr
+23.2% YoY
Total Debt
₹370 Cr
-3.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue22615910869.9130.88
Revenue growth+42.2%+47.0%+54.6%+126.4%-
EBITDA10980.4764.5929.7913.87
EBITDA margin+48.4%+50.7%+59.8%+42.6%+44.9%
Profit before tax15.712.71(8.61)(16.05)(8.22)
Net profit7.691.750.53(12.83)(7.51)
Net profit margin+3.4%+1.1%+0.5%-18.4%-24.3%
EPS (₹)0.980.26333.08(12,830.00)(7,513.00)
Balance sheet
Total assets59948638125891.37
Net worth18654.7928.791.22(2.12)
Total debt37038632523585.15
Cash & bank55.283.360.540.541.78
Net working capital15154.3337.34(2.22)1.38
Cash flow
Cash from operations89.8593.667.5626.4814.05
Cash from investing(121)(66.11)(40.86)(24.06)(7.48)
Cash from financing48.84(24.73)33.30(3.66)(5.72)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue80.2353.7759.2659.2051.8455.6365.4049.75
Revenue growth (YoY)+54.8%-3.3%-9.4%+19.0%+50.4%+123.3%--
Other income2.202.974.092.852.711.322.942.26
EBITDA40.8130.2831.3323.9126.4326.4031.3124.07
EBITDA margin+50.9%+56.3%+52.9%+40.4%+51.0%+47.5%+47.9%+48.4%
Depreciation20.3917.6814.6414.9414.8014.5116.5413.32
Interest16.3014.0010.289.2512.6412.2615.1812.21
Profit before tax6.321.5710.502.571.700.952.530.80
Tax0.830.072.533.58(0.06)0.800.420.11
Net profit5.491.507.97(1.01)1.760.152.110.69
EPS (₹)0.600.160.98(0.15)0.260.020.320.98
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue17112799.3261.2423.748.41
Revenue growth+34.3%+28.1%+62.2%+158.0%+182.3%-
EBITDA10376.0565.4430.5013.954.10
EBITDA margin+60.5%+59.8%+65.9%+49.8%+58.8%+48.8%
Profit before tax10.340.99(8.64)(15.96)(8.08)(2.86)
Net profit1.321.490.54(12.75)(7.35)(3.00)
Net profit margin+0.8%+1.2%+0.5%-20.8%-31.0%-35.7%
EPS (₹)0.290.221.56(35.52)(20.46)(8.31)
Balance sheet
Total assets58448337225791.3761.64
Net worth17954.5728.991.34(2.06)0.62
Total debt36338231523485.1557.74
Cash & bank54.991.510.310.451.010.84
Net working capital12948.4927.32(4.04)1.161.10
Cash flow
Cash from operations10194.99-27.4617.971.29
Cash from investing(126)(65.93)-(24.37)(12.08)(0.41)
Cash from financing44.53(27.86)-(3.65)(5.72)(0.84)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue62.9941.9846.9643.5041.5238.9444.4127.16
Revenue growth (YoY)+51.7%+7.8%+5.7%+60.2%+32.1%+60.6%--
Other income0.005.073.933.531.112.222.913.97
Total expenses19.0914.2820.3920.7513.8813.5816.0211.52
EBITDA43.9027.7026.5722.7527.6425.3628.3915.64
EBITDA margin+69.7%+66.0%+56.6%+52.3%+66.6%+65.1%+63.9%+57.6%
Depreciation20.3517.6414.6014.9214.7714.4916.5310.11
Interest16.0713.7210.279.1512.4512.1415.129.25
Profit before tax7.481.415.632.211.530.95(0.35)0.25
Tax2.13(0.58)3.863.100.180.54(0.75)(0.46)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue80.2353.7759.2659.2051.8455.6365.4049.75
Revenue growth (YoY)+54.8%-3.3%-9.4%+19.0%+50.4%+123.3%--
Other income2.202.974.092.852.711.322.942.26
EBITDA40.8130.2831.3323.9126.4326.4031.3124.07
EBITDA margin+50.9%+56.3%+52.9%+40.4%+51.0%+47.5%+47.9%+48.4%
Depreciation20.3917.6814.6414.9414.8014.5116.5413.32
Interest16.3014.0010.289.2512.6412.2615.1812.21
Profit before tax6.321.5710.502.571.700.952.530.80
Tax0.830.072.533.58(0.06)0.800.420.11
Net profit5.491.507.97(1.01)1.760.152.110.69
EPS (₹)0.600.160.98(0.15)0.260.020.320.98
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue22615910869.9130.88
Revenue growth+42.2%+47.0%+54.6%+126.4%-
Other income9.7519.012.801.540.49
Total expenses11778.4043.5040.1217.01
Employee cost19.6913.217.546.744.75
EBITDA10980.4764.5929.7913.87
EBITDA margin+48.4%+50.7%+59.8%+42.6%+44.9%
Depreciation58.8852.2245.0030.1015.31
Interest44.4544.5531.0017.287.27
Profit before tax15.712.71(8.61)(16.05)(8.22)
Tax6.870.92(9.06)(3.22)(0.71)
Net profit7.691.750.53(12.83)(7.51)
Net profit margin+3.4%+1.1%+0.5%-18.4%-24.3%
EPS (₹)0.980.26333.08(12,830.00)(7,513.00)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital21.6216.923.593.593.59
Reserves & surplus16437.8725.20(2.37)(5.71)
Shareholders' funds (net worth)18654.7928.791.22(2.12)
Minority interest0.070.030.010.000.00
Secured loans11781.8563.808.511.57
Unsecured loans25330426122783.58
Total debt37038632523585.15
Total liabilities59948638125891.37
Assets
Gross block28531027823280.69
Net block26129326922878.62
Capital work in progress70.350.400.270.320.32
Investments39.0453.159.100.950.78
Inventories0.000.000.000.270.08
Sundry debtors27.2942.2711.883.651.95
Cash & bank balances55.283.360.540.541.78
Loans & advances11462.9654.6817.897.00
Total current assets19710967.1022.3510.81
Total current liabilities45.2854.2629.7624.579.43
Net working capital15154.3337.34(2.22)1.38
Total assets59948638125891.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash3.360.540.541.780.93
Net cash from operating activities89.8593.667.5626.4814.05
Net cash from investing activities(121)(66.11)(40.86)(24.06)(7.48)
Net cash from financing activities48.84(24.73)33.30(3.66)(5.72)
Net change in cash17.712.820.00(1.24)0.85
Closing cash55.283.360.540.541.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+42.2%+47.0%+54.6%+126.4%-
EBITDA growth+35.8%+24.6%+116.8%+114.8%-
PBT growth+479.7%+9998.0%+46.4%-95.3%+9997.0%
Net income growth+339.4%+230.2%+104.1%-70.8%-
Revenue CAGR (3Y)+47.8%+72.6%---
EBITDA CAGR (3Y)+54.2%+79.7%---
Profitability & leverage
Net income margin+3.9%+1.1%+0.4%-18.4%-24.3%
Return on capital employed+10.8%+10.4%+6.8%0.0%0.0%
Return on net worth+6.6%+3.0%+1.9%0.0%0.0%
Debt / equity3.148.5018.660.000.00
Long-term debt / equity2.155.6913.170.000.00
Interest cover88.18157.70158.24-5,574.19-504.86
Efficiency & per share
Fixed asset turnover0.760.540.420.450.38
Inventory turnover0.000.00800.67399.49386.00
Debtors turnover6.505.8713.9224.9715.84
EPS (₹)0.980.26333.08(12,830.00)(7,513.00)
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)20.187.6819,392.31(2,358.00)(5,704.00)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue62.9941.9846.9643.5041.5238.9444.4127.16
Revenue growth (YoY)+51.7%+7.8%+5.7%+60.2%+32.1%+60.6%--
Other income0.005.073.933.531.112.222.913.97
Total expenses19.0914.2820.3920.7513.8813.5816.0211.52
EBITDA43.9027.7026.5722.7527.6425.3628.3915.64
EBITDA margin+69.7%+66.0%+56.6%+52.3%+66.6%+65.1%+63.9%+57.6%
Depreciation20.3517.6414.6014.9214.7714.4916.5310.11
Interest16.0713.7210.279.1512.4512.1415.129.25
Profit before tax7.481.415.632.211.530.95(0.35)0.25
Tax2.13(0.58)3.863.100.180.54(0.75)(0.46)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue17112799.3261.2423.748.41
Revenue growth+34.3%+28.1%+62.2%+158.0%+182.3%-
Other income9.6521.601.900.920.550.87
Total expenses67.4451.2133.8830.749.794.31
Employee cost10.7811.527.456.674.651.76
EBITDA10376.0565.4430.5013.954.10
EBITDA margin+60.5%+59.8%+65.9%+49.8%+58.8%+48.8%
Depreciation58.7852.2045.0030.1015.315.27
Interest44.0044.4630.9817.287.272.56
Profit before tax10.340.99(8.64)(15.96)(8.08)(2.86)
Tax7.69(0.50)(9.18)(3.21)(0.73)0.14
Net profit1.321.490.54(12.75)(7.35)(3.00)
Net profit margin+0.8%+1.2%+0.5%-20.8%-31.0%-35.7%
EPS (₹)0.290.221.56(35.52)(20.46)(8.31)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital21.6216.923.593.593.593.59
Reserves & surplus15837.6525.40(2.25)(5.65)(2.97)
Shareholders' funds (net worth)17954.5728.991.34(2.06)0.62
Secured loans11381.9321216357.0444.30
Unsecured loans25030010370.6628.1113.44
Total debt36338231523485.1557.74
Total liabilities58448337225791.3761.64
Assets
Gross block28531036527910061.59
Net block26029326922878.6355.47
Capital work in progress70.080.000.000.320.320.32
Investments48.6659.4110.071.491.000.27
Inventories0.000.000.000.000.000.00
Sundry debtors18.7732.1113.282.411.600.94
Cash & bank balances54.991.510.310.451.010.84
Loans & advances83.7149.9350.2717.724.372.04
Total current assets15783.5563.8620.586.983.82
Total current liabilities28.8835.0636.5424.625.822.72
Net working capital12948.4927.32(4.04)1.161.10
Total assets58448337225791.3761.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash1.510.31-1.010.840.80
Net cash from operating activities10194.99-27.4617.971.29
Net cash from investing activities(126)(65.93)-(24.37)(12.08)(0.41)
Net cash from financing activities44.53(27.86)-(3.65)(5.72)(0.84)
Net change in cash19.291.19-(0.56)0.170.04
Closing cash54.991.51-0.451.010.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+34.3%+28.1%+62.2%+158.0%+182.3%-
EBITDA growth+36.1%+16.2%+114.6%+118.6%+240.2%-
PBT growth+944.4%+9998.0%+45.9%-97.5%-182.5%+9997.0%
Net income growth-11.4%+175.9%+104.2%-73.5%-145.0%-
Revenue CAGR (3Y)+40.8%+75.0%+127.7%---
EBITDA CAGR (3Y)+50.3%+76.0%+151.8%---
Profitability & leverage
Net income margin+1.6%+1.2%+0.5%-20.8%-31.0%-35.7%
Return on capital employed+9.8%+10.1%+6.9%0.0%0.0%0.0%
Return on net worth+2.0%+2.4%+2.1%0.0%0.0%0.0%
Debt / equity3.198.3518.110.000.0093.12
Long-term debt / equity2.215.9914.230.000.0077.15
Interest cover98.46186.42151.574,320.00-534.56-218.80
Efficiency & per share
Fixed asset turnover0.570.380.310.320.290.14
Inventory turnover0.000.000.000.000.000.00
Debtors turnover6.725.6112.6630.5418.698.95
EPS (₹)0.290.221.56(35.52)(20.46)(8.31)
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)19.477.6580.723.74(5.73)1.72

Timeline of DevX

4 dated milestones of DevX across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded DevX is founded.
  2. Funding First funding round of $1.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $2.9M.

Competitors of DevX

DevX has 3 listed competitors in our database, 3 of them funded. They include BHIVE Workspace, IndiQube and 91Springboard.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
BHIVE Workspace
bhiveworkspace.com2014Bengaluru, India$3.09M322
Flexible workspace solutions, including coworking and managed offices, are offered.
IndiQube
indiqube.com2015Bengaluru, India$44.96M2,190
Flexible workspace solutions are provided for enterprises, startups, and SMBs.
91Springboard
91springboard.com2012Mumbai, India$29.2M158
Operator of shared workspaces, private offices, and virtual office solutions
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Detailed competitors of DevX

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Web traffic of DevX

The website of DevX (devx.work) receives about 14.5K visits a month.

  • Monthly visits
    14.5K

    ▲ 14.2% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Incuspaze
incuspaze.com
100%
11.3K#2,450,018View details
GoFloaters
gofloaters.com
86%
16.9K#1,382,612View details
Canva
canva.com
84%
876.1M#35View details
BrainerHub Solutions
brainerhub.com
84%
4K#4,807,302View details
Coworker
coworker.com
80%
275.2K#139,526View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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  • 31 similar websites
  • Audience overlap
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Top companies in Real Estate Technology Platforms

3 companies that operate in the same segment as DevX (Real Estate Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Square Yards
Technology platform for real estate transactions and mortgages is provided.
2014Gurugram, Haryana, IndiaUSD 97.98 MUSD 28.9 M9,619
Housing.com
Online platform for buying, renting, and selling residential and commercial properties
2012Gurugram, Haryana, IndiaUSD 146.45 MUSD 25.52 M1,188
PropTiger
A platform for residential property buying is facilitated by PropTiger.
2011Gurugram, Haryana, IndiaUSD 99 M
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Related news about Devx

Dev Accelerator Approves Issue Of Up To 1 Billion Rupees NCDs On Private Placement Basis
Reuters • 5 months ago
Dev Accelerator Board To Consider Fundraising Via NCDs On Private Placement Basis
Reuters • 6 months ago
Dev Accelerator Says Co Locks In 1.1 Billion Rupees Enterprise Deal
Reuters • 7 months ago
Dev Accelerator Ltd Approves Issue Of Shares Worth 200 Million Rupees On Preferential Basis
Reuters • 7 months ago
Dev Accelerator To Consider Fund Raising Via Equity Or Other Securities
Reuters • 7 months ago
Dev Accelerator Launches Managed Office Space Campus In Tier II Cities
Reuters • 9 months ago
IPO Frenzy Fizzles: Top 10 debuts that disappointed investors in 2025
Moneycontrol • 1 year ago
India's Dev Accelerator hits upper circuit in trading debut
Reuters • 1 year ago
Dev Accelerator IPO allotment: Here's how to check status on NSE, BSE and Kfin Technologies - CNBC TV18
CNBCTV18 • 1 year ago
Dev Accelerator IPO subscribed 63 times on last day - IPO News | The Financial Express
Financial Express • 1 year ago
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Frequently Asked Questions about DevX

DevX was founded in 2017 and raised its 1st funding round 2 years after it was founded.

DevX is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Jaimin Shah is the CEO of DevX, as recorded in our data. They have also founded this company.

DevX is a funded company, having raised a total of $16.16M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on May 2019.

DevX has 39 employees.

The primary company behind DevX, Dev Accelerator Limited, reported revenue of ₹236 Cr for FY 2026, up 42% year on year.

DevX was founded in 2017 in Ahmedabad, India, as a provider of managed office spaces and coworking facilities. Office designs are planned, buildings are constructed, and operations are managed to support team collaboration. Workspaces are ensured to comply with international standards. Services encompass design planning, execution of builds, and ongoing management within the commercial real estate sector.

DevX's top competitors include IndiQube, BHIVE Workspace and 91Springboard.

DevX offers Managed Offices and Coworking Spaces.

Yes, DevX is publicly traded on NSE under the ticker symbol DEVX.

DevX has 39 investors. Key investors include Navneet Publications, Venus Infrastructure, Ardeko, Shreenath Smart Technologies, and Chhattisgarh Investments.

The valuation of DevX is $17.71M as of Dec 2022.

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