DevX, the Co-Working spaces company, today announced the launch of dedicated Women-Centric co-working spaces across India. The initiative is envisioned with the specific goal of accelerating Women-led entrepreneurship, providing them access to specially-designed packages, growth opportunities, network access and funding. DevX, as Gujarat’s top and largest provider in the Co-working and Managed Office space segment, is a co-working cum accelerator founded in September 2017 by 3 entrepreneurs and one listed entity: Rushit, Umesh, Parth (the RUPaiyya trio as they are known in the ecosystem) and Dev Information Technology Ltd. The company was envisioned as a Startup Accelerator focussed on nurturing innovative startups by providing them with the all requirements.
Speaking on the launch, Umesh Uttamchandani, Co-Founder – DevX said, “In keeping with DevX’s foresighted culture, we are immensely proud to pioneer yet another initiative to spur enterprise, innovation and growth. The Women-Centric co-working space initiative is aimed at providing a dedicated array of resources to Women-led enterprises. In these spaces, Women-founded and led businesses will be accorded every opportunity to leverage the extensive DevX network to form alliances, avail services from best-in-class service providers and scale faster. Opportunities for collaborating, building synergies and translating these into mediums for growth are amongst the benefits women entrepreneurs can aspire to at DeVX centers. We are bullish on kickstarting and fast-tracking Women-Entrepreneurship and enterprises, offering a custom set of solutions as required. For suitable ventures, DVF (DevX Venture Fund) is committed to invest and mentor through the growth journey”.
Sharing her experience and elaborating, Margi Shah, Founder, Finex Accounting Pvt. Ltd, stated, “Deciding to base ourselves at DevX is one of the best business decisions I have taken – undoubtedly. Not only the world-class infrastructure and the facilities, but also the sheer ease with which we have been able to build collaborative, mutually-beneficial partnerships, thanks to DevX accelerator. Leveraging the DevX network has helped us bond with like-minded partners and mentors, helping us scale faster. This initiative is definitely the need of the hour as Women-led entrepreneurship is fast becoming a rapidly growing segment, contributing towards a truly Aatmanirbhar India.”
Reinforcing these views and welcoming the development, Jaimin Shah, Board member – Nasscom Foundation, Co-Chairman – ASSOCHAM Gujarat & Co-Founder and Managing Director, DeV IT Ltd, said, “This is a pioneering initiative by DevX, providing a much-needed platform to women entrepreneurs and founders. Especially now, when more & more women aspire to realise their dreams and start ventures. This Women-centric initiative will enable them fast-track their business, build peer networks and collaborative networks. In turn, this will usher in a more evolved and diverse ecosystem, benefiting the industry and whole ecosystem at large.”
DevX, through its venture arms (Bus), address the various parts of the value chain, attempting to plug the gaps and create value for clients. Round the year, DevX also provides a platform for industry, academia, professionals and companies to hold hackathons, seminars, events etc. to address trends and issues.
