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DevX

Accelerator

Ahmedabad · Seed · 22 people tracked

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Investment thesis

DevX (Dev Accelerator Limited) is a publicly listed provider of managed and coworking workspace solutions across multiple Indian cities, also offering digital services and capital investments through the broader DevX Group.

Invests inPropTechIndia

Source: firm website, verified Sep 27, 2026.

Stage
Seed
HQ
Ahmedabad, IN
Instruments
Equity
Founded
2017
Portfolio companies
3

Team · 22 people

from the firm's website & public directories
Muskan Heda· Founder's Office
Rushit Shah· Co-founder & Whole-time Directorin
Umesh U.· Co-founder & Managing Director
Akankshi Parikh· Environmental & Space Designer
Anand Patel· Independent Director
Anish Patel· Independent Director
Anurag Pandey· AGM Purchase & Adminin
Azad Rajput· Sr. Executive (Admin & Purchase)in
Gopi Trivedi· Independent Director
Jaimin Shah· Non-Executive Nominee Director
Lalit Nagrani· Creative Head
Monika Handa· VP Operationsin
Pathik Patwari· Independent Director
Praveen Kumar· Independent Director
Rinkal Anajwala· AVP - Projects
Riya Ladhwani· Interior Designer
Shivangi Shakya· Cluster Manager (Operations)
Shubham Patil· Lead Systems Engineer - IT & Networksin
Shubham Sharma· Cluster Manager - Facilityin
Somnath Vibhuti· AGM (Projects)
Yash Shah· Non-Executive Non-Independent Directorin

What they invest in

from 3 of 3 portfolio companies

AI & Machine Learning ×1Biotech ×1Construction Tech ×1Deep Tech ×1Enterprise Software ×1Fintech ×1Healthtech ×1Longevity ×1

HQs:India×2United States×1

Portfolio companies · 3 tracked

alumni founders can tell you what the program is really like
Flo Mobilityflomobility.comin𝕏✓ verified

Flo Mobility develops autonomous systems that combine sensors, computer vision, and edge computing to optimize collaboration between humans and machines in construction and industrial settings.

AI & Machine LearningConstruction TechRoboticsIndia, IN

Co-investorsMela VenturesJITO Angel NetworkARTPARK

Finsirefinsire.comin𝕏Seed · Mar 2023 · $1.3M

Finsire provides digital infrastructure for secured lending against mutual funds and shares in India.

Enterprise SoftwareFintechSaaSMumbai, IN

Co-investorsMars Shot VenturesSprint VciSeedSpark Capital

Rejuvenation Technologies Inc.rejuvenationtech.comSeed

Rejuvenation develops proprietary mRNA and lipid nanoparticle technology to safely lengthen telomeres in human cells, targeting cellular aging and diseases caused by short telomeres including pulmonary fibrosis, liver disease, and bone marrow failure.

BiotechDeep TechHealthtechLongevitySan Francisco, US

Glenn Markov(Founder)inJohn Ramunas(Founder)inWill Olsen(Vice President Of Development)in

Co-investorsAsymmetry VenturesGold Dragon VenturesLifespan Vision VenturesStartupsStartXY Combinator+7 more

Portfolio news

latest coverage across their companies
Yourstory

Flo Mobility · yourstory.com · Jul 23, 2026

Frequently asked questions

What stage does DevX invest at?
DevX invests at the Seed stage.
What sectors does DevX focus on?
DevX focuses on PropTech.
Where is DevX located?
DevX is headquartered in Ahmedabad, IN.

Media · Podcasts & interviews

featuring the team

Parth Shah Co-founder DevX sharing his thoughts on Workspaces for Future #VibrantGujarat #Startups #CoRise #DevXcommunity #Coworking | By DevX

Parth Shah · facebook.com

How DevX is Powering Tier-2 India’s Workspace Growth | Umesh Uttamchandani on ET Now

DevX

DevX IPO Listing Ceremony | Bombay Stock Exchange (BSE) & National Stock Exchange (NSE)

DevX

Images

DevX photoDevX photoDevX photo

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