Key Metrics
  • No. of Employees126
  • Founded Year 2020
  • Company StagePublic Limited Company
  • Total Funding₹101.42 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About DevX

At DevX, they are dedicated to helping startups and businesses unlock their full potential. More than just a workspace provider, we are a dynamic community of innovators, entrepreneurs, and change-makers. With over 25 centers in 10+ cities across India, they offer a wide range of workspaces, including coworking spaces, managed offices, serviced offices, conference halls, and meeting rooms, all designed to promote collaboration, creativity, and productivity.
Their state-of-the-art facilities provide the perfect environment for businesses of all sizes to thrive. But they go beyond providing spaces—through the DevX Venture Fund and our accelerator program, they actively invest in the future of startups, offering them the funding, mentorship, and resources they need to succeed.

Top Competitors
RI
Regus IndiaU74140MH2000PTC130195
CO
CowrksU45201KA2006PTC040807
WE
WeworkU74999KA2016PTC093227
AW
AwfisU74999DL2014PLC274236
91
91springboardU74140DL2012PTC239420
DevX Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹101.42 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Urmin Group, Bidiwala Family Office
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
DevX Financial Details
Financial Highlights
FY 2023-24 Revenue₹110.73 Cr
FY 2023-24 Expenses₹119.5 Cr
FY 2023-24 Profit/Loss₹43.7 Lakh
Net Cash Flow From Operations₹8.04 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
DevX Key People
People Metrics
Current Core Team5
Board Members/Directors10

Core Team

PS
Parth Shah Co-Founder
PP
Parthiv Pankajbhai PanchalCFO
PS
Parin ShahCFO
UU
Umesh Uttamchandani Co-Founder
RS
Rushit ShahCo-Founder

Board Members/Directors

AA
Anish Alerk PatelDirector
PK
Praveen KumarDirector
JS
Jaiminbhai ShahNominee Director
UU
Umesh Uttamchandani Whole-time director
PS
Parth Shah Whole-time director
RS
Rushit Shah Whole-time director
GT
Gopi TrivediDirector
AA
Anand Anilbhai PatelDirector
PS
Pathik Shailesh PatwariDirector
YH
Yash Himanshu ShahDirector
DevX Documents

AY - 2020-21

Profit and loss statement - DevX - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of DevX for FY 2020-21
₹249.00 ₹498.00
Balance sheet - DevX - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of DevX for FY 2020-21
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - DevX - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of DevX for FY 2021-22
₹249.00 ₹498.00
Balance sheet - DevX - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of DevX for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - DevX - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of DevX for FY 2022-23
₹249.00 ₹498.00
Balance sheet - DevX - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of DevX for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - DevX - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of DevX for FY 2023-24
₹249.00 ₹498.00
Balance sheet - DevX - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of DevX for FY 2023-24
₹249.00 ₹498.00

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