By Team Homes | Thursday, 11 April 2024

DevX sets up New Premium & Managed Co-working space in Udaipur

A leading managed office space provider in Gujarat, DevX publicized the launch of new Co-working space located in Udaipur, Rajasthan. 

The managed office space spans over 25000 square feet which acts as a 300-seater center. Recently DevX has elevated a mix of Equity and Debt funding of $ 7 million, which will be expected to utilize for the company’s global & domestic expansion. 

Also the company forecast to add more assets across Pan-India with over 2 million square feet area.

As a key leader in the Gujarat’s managed office space sector, DevX is a prominent co-working space cum real estate accelerator established in 2017 by 3 talented entrepreneurs.  

 

Expressing to this auspicious launch, the Co-Founder of the DevX - Umesh Uttamchandani says, “Launching our 1st center at Udaipur helps us deepen our penetration in North India and is testament to our firm belief that India’s next wave of growth will come from the tier-2 & tier-3 cities. These markets have all the requisite factors - aspirations, opportunities, diversity of talent and hunger for growth and DevX intends to partner with our clients to harness them. We are proud to have clients like Manubhai & Shah LLP at the center, helping us setting standards for the segment to aspire to. As we strive to deliver higher standards of client service, we reaffirm our core values of offering world-class office infrastructure with an immersive experience. With our stated business goal of being the partner of choice for multinational firms, GCCs & ODCs, I am excited about the future of the Industry.”

Likewise, adding the views & remarking on experiences,  Kshitiji Patel, Partner  at  Manubhai Shah & LLP, states, “Being at DevX Udaipur center is exciting, since we are already there at DevX Ahmedabad, Vadodara & Rajkot - so this 4th center was a natural fit for us. At Manubhai Shah & LLP, we are very particular about the world class facilities, immersive experience and culture - which the DevX team absorbed & delivered on- totally! Our journey of expansion with DevX is testimony to their world-class standards of service and commitment to client-growth”.