# DevX

> DevX is a VC fund in Ahmedabad backing Logistics and Health Care. See 15 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Ahmedabad, India
- Total investments: 15
- Last investment: Aug 2023
- Lead investor: 40%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/devx.work/
- X (Twitter): https://twitter.com/devx_work
- Website: https://devx.work/
- Facebook: https://www.facebook.com/DevX.Work/

DevX is a VC fund in Ahmedabad focused on Logistics and Health Care. DevX manages a co-working cum Accelerator. It intends to invest in businesses, healthcare, artificial intelligence and machine learning, the internet of things, cloud tech and devops, e-commerce, fintech, mobility tech, micro mobility, B2B payments, and SaaS startups.

## Contacts

5 contacts available for DevX. Shizune tracks 5 team members at DevX. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/dev-accelerator-private-limited?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Logistics | 2 | 13% |
| Health Care | 2 | 13% |
| Manufacturing | 2 | 13% |
| Food and Beverage | 2 | 13% |
| CRM | 1 | 7% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 47% |
| Pre-Seed | 2 | 13% |
| Venture - Series Unknown | 2 | 13% |
| Convertible Note | 1 | 7% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Parth Shah | Co-Founder | 0 | https://shizune.co/investors/profile/parth-shah-2dcd |
| Jay Patel | Co-Founder & Head of Growth | 0 | https://shizune.co/investors/profile/jay-patel-c8f8 |
| Rushit Shah | Co-Founder | 0 | https://shizune.co/investors/profile/rushit-shah-e0ce |
| Umesh Uttamchandani | Co-Founder & Chief Growth Officer | 10 | https://shizune.co/investors/profile/umesh-uttamchandani |
| Yash Shah | Director | 0 | https://shizune.co/investors/profile/yash-shah-b2fb |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| BabyOrgano | BabyOrgano is India’s first dedicated Ayurvedic Baby care and wellness D2C brand. We rekindle Ayurveda in Kids segment by reintroducing 5000-year-old Authentic Ayurvedic, holistic health, beauty, and wellness solutions. We deliver this through their 100% Ayurvedic product range made with Powerful Ayurvedic herbs, and Pure & Potent EssentialOils. We are working on the strong foundation of kids with the time-tested approach Ayurveda. Its unique range of premium Ayurvedic kids’ products includes Immunity Booster Swarnaprashan, Cold Relief Roll On, Instant Colic Relief Roll On, Ayurvedic Milk Mix Chocovita, Natural Bath Powder Ubtan and kids personal care range. All products from BabyOrgano are 100% Natural and Ayurvedic, approved by FDCA and manufactured under ISO & GMP certified facilities. | $148K | Pre-Seed | Aug 08, 2023 |  |
| Finsire | Finsire builds lending enablement services by permitting digital assets to be taken as collateral. | $1.3M | Seed | Mar 15, 2023 |  |
| Brands.live | Brands.live is a platform that provides digital content for Indian businesses. | $1M | Seed | Jul 11, 2022 |  |
| Intents Mobi | Mobile analytics, Logistics, Transportation, Fleet Management, Data Analytics | $1M | Convertible Note | Jun 09, 2022 |  |
| Growfitter | Growfitter is a gamified digital health reward platform that adds financial benefits to your physical activity. Growfitter offers goal-based rewards (short, mid & long term) from consumer health and wellness brands and retail financial services from credit cards to health insurance for 30 mins walking, running, cycling, & health quiz on adaily basis. Growfitter partners with the best premium brands to bring an exciting buffet of lifestyle rewards on completing their fitness goals. | $1M | Seed | Mar 16, 2022 |  |
| Growfitter | Growfitter is a gamified digital health reward platform that adds financial benefits to your physical activity. Growfitter offers goal-based rewards (short, mid & long term) from consumer health and wellness brands and retail financial services from credit cards to health insurance for 30 mins walking, running, cycling, & health quiz on adaily basis. Growfitter partners with the best premium brands to bring an exciting buffet of lifestyle rewards on completing their fitness goals. | $1M | Seed | Mar 16, 2022 |  |
| The Gourmet Jar | The Gourmet Jar manufactures jams with flavors. The company manufactures and sells artisanal jams, relishes, mustards, preserves, and marmalades. | $150K | Venture - Series Unknown | Dec 27, 2021 |  |
| Flo Mobility | Flo Mobility builds an autonomous technology for electric two-wheelers vehicles. Flo Mobility was founded in 2018 and was headquartered in Banglore, India. | $400K | Seed | Dec 20, 2021 |  |
| Flo Mobility | Flo Mobility builds an autonomous technology for electric two-wheelers vehicles. Flo Mobility was founded in 2018 and was headquartered in Banglore, India. | $400K | Pre-Seed | Dec 20, 2021 |  |
| Supplynote | Supplynote is a pioneering B2B platform in the food and beverage industry, founded with the mission to streamline and digitalize the supply chain management process for food businesses. We are committed to simplifying procurement by connecting restaurant owners and suppliers, ensuring transparency, efficiency, and cost-effectiveness. By offeringsolutions including automated purchasing, vendor management, and real-time inventory tracking, we empower businesses to focus more on their core competencies. Since our inception, we've been continuously innovating, driven by a passion for revolutionizing the food industry's logistics and inventory management dynamics. | $1.2M | Seed | Oct 28, 2021 |  |

10 of 15 investments shown.

## Co-investors
- [MABS](https://shizune.co/investors/profile/mabs-enterprises-llp) — VC Fund, 7 deals together
- [Faad Network](https://shizune.co/investors/profile/faad-network) — VC Fund, 4 deals together
- [SucSEED Venture Partners](https://shizune.co/investors/profile/sucseed-venture-partners) — VC Fund, 3 deals together
- [Angelbay](https://shizune.co/investors/profile/angelbay-holdings) — VC Fund, 2 deals together
- [Astor Investment Management](https://shizune.co/investors/profile/astor-investment-management) — VC Fund, 2 deals together
- [Blockchain Founders Fund](https://shizune.co/investors/profile/blockchain-founders-fund) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does DevX invest in?

DevX invests primarily in Logistics, Health Care and Manufacturing startups, most often at Seed and Pre-Seed stage. Most of the 15 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact DevX?

Public channels for DevX include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at DevX?

The team at DevX includes Parth Shah (Co-Founder), Jay Patel (Co-Founder & Head of Growth) and Rushit Shah (Co-Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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