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Devendra Bhagat has a diverse work experience spanning over several roles and companies. CA Devendra started their career at Ashra & Co as an Articled Trainee from 1987 to 1990. CA Devendra then worked as an Internal Auditor at Color-Chem (Clariant AG) from 1997 to 2001. In 2001, they joined Sahni Natarajan & Bahl, where they held various positions including Consultant, Principal Consultant, Dy., and eventually became a Partner from 2007 to 2014. Since 2014, they have been associated with Medley Pharmaceuticals Ltd, starting as the General Manager - Internal Audit and then progressing to Associate Vice President, AVP - Finance, and currently serving as the Vice President - Finance & Accounts.

Devendra Bhagat completed their Bachelor's degree in Commerce from Gokhale Education Society in 1991. CA Devendra then went on to pursue their professional qualification as a Chartered Accountant at The Institute of Chartered Accountants of India from 1993 to 1997, obtaining the certifications of FCA (Fellow Chartered Accountant) and DISA (Diploma in Information System Audit). Prior to their higher education, they attended Dr. Shirodkar High School, although no specific degree or field of study is mentioned for this period.