India based Coworking player DevX raised 7 Millions U$ to fund national expansion.

Founded by three entrepreneurs- Umesh Uttamchandani, Rushit Shah, and Parth Shah, DevX is a Gujarat-based co-working space provider that also provides accelerator support to innovative startups.

“The Gujarat-based firm provides a platform for industry, academia, professionals, and companies to hold hackathons, seminars, events, etc., to address trends and issues” says the company.

Existing investor family offices participated in the equity funding round.

DevX has coworking locations in seven big cities in India.