# Devx Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/devx-technology

- Industry: Business Support Services
- Headquarters: Bangalore, India
- Website: www.devxcommerce.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Nov 26, 2024)
- Investors on record: 1

## About

Based in Karnataka, India, and founded in 2023 by co-founder and CEO Pushpal Maheshwari, Devx Technology specializes in providing end-to-end technology solutions for consumer brands. In November 2024, Devx Technology raised pre-seed funding led by Avinya Ventures.

Devx Technology is a tech consulting firm specializing in end-to-end technology solutions targeted at consumer brands. The core product offerings include custom Shopify development, headless commerce migration, performance optimization, and annual maintenance services. These services are designed to meet the specific needs of clients operating in the e-commerce sector, enhancing their online and offline sales capabilities. The company collaborates with a diverse range of brands, including Vedic Lab, WOW Skin Science, and The Sleep Company, among others, providing tailored solutions that address various challenges faced by these businesses. Devx Technology allows brands to implement technology features, such as comprehensive point-of-sale systems, across numerous offline stores primarily located in India and other selected markets.

Devx Technology’s revenue model is structured around B2B services and partnerships, focusing on providing technological solutions to various consumer brands. Transactions occur through contracts that may include one-time fees for custom development services or ongoing maintenance agreements. The company’s partnerships often involve strategic collaborations, where revenue is generated through the successful implementation of services, such as headless commerce migration and site performance enhancements.

The company plans to use its proceeds from November 2024 funding to support its international expansion and broaden the scope of the results it provides to businesses.

## Funding rounds

- Seed, Nov 26, 2024, $0.4M — Avinya Ventures

## Investors

- Avinya Ventures (https://capitalatlas.ai/funds/avinya-ventures) — Seed