DevX, a managed office space provider, has raised $7 million in its third round of fundraising. The funding was split equally between equity and debt from investors such as banks, NBFCs, family offices, and HNIs. The funds will be used for national and global expansion, adding more assets across India, and developing a proptech solution. Existing investors and new investors participated in the round. DevX plans to go public next year and is currently operating in 11 cities across India.
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