Devlux Software Studio & Startup Ventures Private Limited

Choosing how to engage

Devlux is not a cohort incubator with a fixed intake. If you are a founder, the offering that applies to you is its fundraising-support service; the investor network is for people looking to invest, not for startups seeking help.

How applications work

To start with the fundraising-support service, fill out the evaluation form on the Devlux site. This begins an evaluation of your startup and your funding requirement. You can also arrange a phone consultation to talk through fit.

What to have ready

Be ready to describe your startup and what you are trying to raise, and which stage you are at, from pre-seed through to later rounds. Devlux does not publish a minimum stage or sector, so the evaluation form is the point where fit is worked out.

Devlux Software Studio & Startup Ventures Private Limited describes itself as a startup studio and accelerator program for startup and SME businesses. It is based in Ahmedabad, Gujarat, and was founded in 2017. Its work centres on software development, startup finance and mentoring, offered as contract-based solutions.

What they do

Devlux presents itself as a growth accelerator and innovation catalyst for startups and SMEs, with a focus on software development, startup finance and mentoring. In practice the organisation operates mainly as a business-to-business software and consulting firm that works with founders on a contract basis rather than running fixed cohorts with a batch or deadline.

How founders engage

The main offering a founder can apply to is a fundraising-support service. Devlux says it connects founders with investors and supports raising funds across rounds from pre-seed and seed through to the later venture rounds and pre-IPO. A founder starts by filling out an evaluation form on the Devlux site, after which the team works through the fundraising process with them; a phone consultation can also be arranged. This is an advisory service rather than a timed programme.

Devlux also runs an investor network, Invest With Us, which it describes as open to investors regardless of experience level. Investors join by completing a sign-up form and then get first access to selected investment opportunities. This is an intake for investors, not a route a startup applies to.

Who runs it and where

Devlux was established in 2017 and works from Ahmedabad, Gujarat. Its registered address is K 104 Mukhyamantri Aavas Yojna Vivekanandnagar, Hathijan, Daskroi, Ahmedabad 382445. General enquiries can be made to its role inbox.

A note on co-working

Devlux's about page lists co-working space among the one-stop-shop services it mentions offering, as part of a range that runs from company incorporation through product prototyping and MVP development to business expansion. No bookable or described co-working facility, with a specific space or availability, is set out on the pages that were reviewed, so the two accounts do not fully agree and the position is left open here.