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New Issue Monitor


(09 Sep 2025, 22:05)

Dev Accelerator

Flexible workplace player with strong presence in tier 2 cities

Have operations/presence across 11 cities in India with 14144 seats and SBA of 0.86 msft.

CM RATING 44 / 100
Reckoner

Dev Accelerator offers space solutions in the form of flexible workspaces to its clients, from individual desks to customized office spaces with exclusive access for clients. As on May 31, 2025, it have operations/presence across 11 cities (including Ahmedabad, Mumbai, Noida, Pune, Hyderabad, Jaipur, Rajkot, Udaipur, Indore, Gandhinagar and Vadodara) in India, with 14144 seats as of May 31, 2025 covering a total area under management of SBA 860,522 square feet (sft).

The company though has presence in four (Mumbai, Pune, Noida and Hyderabad) out of the top seven markets in Tier 1 cities, it is one of the largest managed space operator in Tier 2 markets in terms of operational flex stock, with centers across 6 cities. Of the t...



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