Office Space provider, DevX, has forayed into Hyderabad with a 700-seater centre.
It is located in the Hi-Tech city, among the prominent commercial spaces in India, hosting global tech giants like Oracle, Google, Facebook, Amazon and many more. The centre is spread across 50,000 sq. feet and DevX will further augment it with additional 3 lakh sq feet in the next 1 year. The company is planning a pan-India presence by December 2021 with 15 centres.
Having recently emerged as Gujarat’s top and largest provider in the Managed office space segment, DevX, is a co-working 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 the all requirements. Positioning DevX as an equal partner in growth, the company supports through their allied strategic partnerships and services. The different initiatives of DevX are thus structured to build synergies, encouraging brainstorming and cross-pollination of ideas as a means of collaborative growth and development. The company’s initiatives address requirements across the value chain.
DevX Co-Founder Parth Shah said, “This centre is spread across 50,000 sq. feet, to which DevX will add a further 3 lakh sq. feet, in the next one year. As global companies strive to set up offshore development centres, we stand poised to offer them best-in-class, world-standard Managed spaces with excellent amenities.”
HiTech City is already home to many global giants and the company hopes to further add to this, being ready to offer spaces for setting up Global Capability Centres.
It also strives to be there across India by December 2021, with 10 cities and 15 centres.
MenLo Technologies India, Managing Director, Kalyan Jhandyala said, “For us at MENLO, this development meshes smoothly with our growth plans. Being part of the global Quisitive family (after being acquired), there are certain standards in excellence and quality norms that we adhere to. We are thrilled that DevX’s offerings and ethos matches our needs and views perfectly.”
DevX Co-Founder Umesh Uttamchandani said, “As the norms of work change and remote working goes mainstream, the flexible and managed workspaces segment is expanding rapidly. For global companies and MNCs it makes good business sense not to lock up capital in owning or hiring spaces for the workforce, when they can avail best and world class facilities at managed workspaces.”
DevX also provides a platform for industry, academia, professionals and companies to hold hackathons, seminars, events etc. to address emerging trends and issues of concern in form of use cases within the corporate ecosystem. The company is planning a pan-India presence by 2021 end.
