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DevX Listed

Dev Accelerator Limited Ahmedabad, Gujarat Founded 2017 devx.work ↗
Parth Shah Rushit Shah Umesh Uttamchandani
$31.39 MnTotal funding (tracked)
5Funding rounds
16 Jun 2026Last round

DevX: Funding Rounds

05101520$MSeed: $1M1May '19Pre-Series A: $3M3Apr '23Series B: $7M7Feb '24IPO: $16.23M16Sep '25Preferential Allotment: $4.17M4.2Jun '26

Disclosed round amounts over time, USD millions.

Date Round Amount Investors Source
16 Jun 2026 Preferential Allotment ₹34.99 Cr Infibeam Projects Management Private Limited Parth Shah Rushit Shah Umesh Uttamchandani source
17 Sep 2025 IPO ₹143.35 Cr source
Feb 2024 ~ Series B $7 Mn Ajay Patel Bidiwala Family Office Gala Family Office Mitesh Patel Soham Mehta Urmin Family Office source
Apr 2023 ~ Pre-Series A $3 Mn Bidiwala Family Office Ducon Navneet Publications Urmin Family Office Venus Infrastructure source
May 2019 ~ Seed $1 Mn source

DevX: Investors

Infibeam Projects Management Private Limited Parth Shah Rushit Shah Umesh Uttamchandani Ajay Patel Bidiwala Family Office Gala Family Office Mitesh Patel Soham Mehta Urmin Family Office Ducon Navneet Publications Venus Infrastructure

FAQs on DevX

How much funding has DevX raised?

DevX has raised $31.39 Mn across 5 tracked funding round(s), most recently on 2026-06-16. Figures are compiled from cited public sources.

Who are the investors in DevX?

Investors in DevX include Infibeam Projects Management Private Limited, Parth Shah, Rushit Shah, Umesh Uttamchandani, Ajay Patel, Bidiwala Family Office, Gala Family Office, Mitesh Patel.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com · Last verified 7 Sep 2026. · Report a correction