India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Dev Accelerator Limited has launched Capital One, a 3.15 lakh sq. ft managed office campus in Ahmedabad. Spread across 19 floors, it is India’s largest such campus in a Tier II city and is already 95% occupied pre-launch. The project highlights the growing demand from the GCC and enterprises in emerging markets.
READ MORE
The ₹143.35 crore DevX IPO, open from September 10–12, was met with a subscription frenzy, closing Day 1 at 5.34x oversubscription, driven by retail demand. The issue’s momentum highlights investor confidence in flexible workspace platforms, but also brings significant risk signals and competitive context into focus.
READ MORE
Ahmedabad-based coworking provider DevX will launch its Initial Public Offering (IPO) on September 10, closing on Friday of the same week. The company will become the fourth publicly listed coworking space provider in India, listing shares on both the NSE and BSE, following peers like Awfis, IndiQube, and Smartworks.
READ MORE
Dev Accelerator Limited is set to expand its coworking spaces through a new IPO, offering 2.47 crore equity shares. The funds will be used to set up new spaces, repay debts, and general corporate purposes. After turning profitable in FY24, the company aims to solidify its position in the flexible workspace market.
READ MORE
DevX has expanded its Noida presence by launching two new coworking spaces in Sectors 125 and 62, adding 37,000 square feet to its existing 60,000 square feet. This move supports their strategy to offer flexible, upscale office spaces catering to Global Capability Centers and large enterprises, enhancing work environments and scalability.
READ MORE
DevX has launched its second co-working space in Jaipur, expanding its footprint with a new 35,000 sq. ft. centre. This is part of a broader plan to roll out over 2 million sq. ft. across India, emphasizing its commitment to enhancing the managed office space sector and fostering business growth.
READ MORE