DevX Wins 'Coworking Startup of the Year’ at the Economic Times Entrepreneur Awards 2025

DevX has been awarded the 'Co-Working Startup of the Year' at the 2025 Economic Times Entrepreneur Awards. This honour recognises our commitment to quality, innovation and the future of Indian workspaces.

The Economic Times Entrepreneur Awards honours innovative businesses whose development, vision and reach revolutionise industries. Winning this award establishes DevX as one of the strongest contenders in the workspace solutions industry and reaffirms our dedication to providing enterprises of all sizes with premium, flexible and productivity-enhancing workspaces.

A Milestone Achievement for India’s Leading Managed Office Provider

Since our inception in 2017, DevX has placed a strong emphasis on creating office space that goes beyond coworking by combining top-notch facilities, cutting-edge technology and a vibrant community designed to encourage collaboration. Our managed office solutions provide enterprises and international businesses with space that is customised to their specific needs.

Hear What Our Co-Founder Parth Shah has to Say About This Significant Win:

• “It is a privilege for all of us at DevX to receive the 'Co-Working Startup of the Year' award. The honour demonstrates our commitment to redefine the workspace in India and globally. We want to thank our clients, partners and the whole DevX community for putting their trust in us to deliver the best office experiences in the business. This is only the beginning and we are eager to keep setting new records in the managed office and coworking space industry.”

What This Recognition Means for the Industry

Rapid change is occurring in the workplace, and organisations often need infrastructure that encourages community, flexibility, and higher productivity in addition to office space.

India's coworking and managed office industry has grown at an unprecedented rate due to evolving work habits, rising demands for flexibility, and a shift towards plug-and-play, reasonably priced office solutions.

Instead of traditional office leasing, which used to dominate the market, businesses are now searching for scalable, fully managed workspaces that offer agility without long-term obligations.

This change has been hastened by the increasing tide of startups, SMEs, and large enterprises adopting flexible work models. Major corporations are also embracing hybrid workplace strategies, opting for expert-operated and managed workspace providers in an endeavor to achieve efficiency and channel their efforts toward their core business, all while maintaining employee productivity and engagement.

. The sector’s growth is being driven by:

• Tech-enabled workspace solutions that provide remote accessibility and smooth operations
• A focus on experience-driven offices, integrating community-building and networking opportunities
• Customisable enterprise solutions, allowing businesses to scale up or down based on market dynamics
• Industry players providing rapid horizontal country-wide expansions and vertical expansions, as well as deepening their presence within cities and states while maintaining high delivery standards

As the demand for cost-effective, premium, and strategically located office spaces continues to rise, recognitions like the Economic Times Entrepreneur Awards highlight the industry’s growing significance in India’s business ecosystem.

About DevX

With more than twenty centers across India, DevX is the leading provider of managed office spaces that offer customised workspace solutions made to suit evolving company demands. While we take care of workspace management, our primary goal is to provide fully serviced, professionally managed office spaces that improve operational efficiency while allowing organisations to concentrate on their core competencies.

We at DevX offer enterprises the flexibility to expand both vertically within a single location and horizontally across several cities. Our quick expansion capabilities guarantee smooth workspace solutions without compromising quality or operational efficiency, regardless of whether a business needs a Pan-India presence or grows its footprint inside a metropolitan centre. 

We are a vital partner for organisations seeking scalability, first-rate infrastructure, and smooth office administration because of our expertise to provide managed offices across industries, from startups to global organisations.

While managed office spaces remain our primary offering, DevX also fosters a business-centric ecosystem within our centers. Our coworking solutions provide collaborative spaces where organisations can network, exchange ideas, and seek out fresh opportunities. Through industry-focused events, startup accelerator programs, and investor meetups, we create an environment that promotes innovation and strategic partnerships.

DevX, one of India's leading providers of coworking spaces and managed office space, offers enterprises and multinational organisations with premium, customised workspace solutions. 

By providing innovative office spaces that promote productivity and growth, DevX continues to revolutionise the managed office space sector in India by providing firms with the flexibility, expertise and infrastructure required to prosper in a cutthroat market.

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