Dev Accelerator Limited
Finavenue Growth Fund decreased its stake in Dev Accelerator Limited from 1.86% to 1.54%, selling 2,24,465 shares.
A real estate company providing flexible office and coworking solutions across India, Dev Accelerator Limited serves startups, freelancers, and established enterprises seeking adaptable workspace options. Founded in 2017, the company designs and manages modern coworking environments equipped with essential amenities and advanced technology infrastructure. Its distinctive approach focuses on creating collaborative workspaces that support entrepreneurship and business growth through flexible lease arrangements, community engagement, and professional support services.
Managed by A9 Finsight, with around Rs 360 cr AUM and a top-of-category track record (+233 percent absolute return since July 2023, +132 percent in CY2024 vs CNX Smallcap +24 percent). Allocates ~45 percent to SME listings, ~35 percent to mainboard companies and ~20 percent to pre-IPO. Run by Abhishek Jaiswal, among India's youngest fund managers.
