Devx Expands In Noida; Launches 2 More Co-Working Spaces

DEVX

Noida, August 1, 2024: DevX, Gujarat’s largest Managed Office Space provider, today announced the launch of 2 more Coworking spaces in Noida. These 2 new spaces are in addition to the 2 ongoing spaces which have a combined space of 60,000 sq. feet. Located in Sector 125 and Sector 62, the 2 new spaces have a combined space of 37,000 sq. feet.

Recently feted as Gujarat’s leader in the Managed office space segment, DevX is a co-working space cum accelerator founded in September 2017 by 3 entrepreneurs Rushit, Umesh Parth (the RUPaiyya trio as they are known in the ecosystem) and one listed entity: Dev Information Technology Ltd. The company was envisioned as a Startup Accelerator focussed on nurturing innovative startups by providing them with all requirements. Positioning DevX as an equal partner in growth, the company supports through its allied strategic partnerships and services. The different initiatives of DevX are thus structured to build synergies, enabling cross-pollination of ideas as a means of collaborative growth and development. The company’s initiatives address different requirements across the value chain.

Speaking on the launch, Mr. Umesh Uttamchandani, Co-Founder of DevX, said, “Our new centers in Noida mark a significant milestone in our expansion strategy. We are committed to deepening our presence in tier-2 and tier-3 cities, which are essential to India’s economic growth. Our goal is to support Global Capability Centers (GCCs) and large enterprises by providing upscale, flexible office spaces that cater to their evolving needs. With our focus on delivering world-class infrastructure, scalability, and compliance with global standards, we are confident in setting new benchmarks in the managed office space sector. DevX remains dedicated to offering best-in-class work-space experiences at competitive pricing.”

Commenting on their experience, Mr. Chandresh Panchal, SVP – Employee Services, QX Global Group, said, “We have been working at DevX for several years, and we genuinely enjoy the facilities they provide. Our employees appreciate the modern, well-equipped spaces, which contribute to a productive work environment. The flexible workspaces are designed to foster collaboration and innovation, which aligns perfectly with our company culture. For us, it’s lucrative because of the flexibility DevX offers in scaling our operations to meet our needs, allowing us to adjust our space requirements based on project demands. The new space in Noida is fantastic, featuring an engaging and vibrant environment that our team loves. It has enhanced our working experience and continues to support our growth and efficiency.”

As a core part of the ecosystem, DEVX also provides, around the year, a platform for industry, academia, professionals, and companies to hold hackathons, seminars, events, etc…to address core trends and issues. The company is planning to further expand and thus consolidate its pan-India presence by 2024 end.

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