Damco Solutions
| Private | |
| ISIN | 🆔 |
| Industry | Information Technology, Business Consulting |
| Founded 📆 | May 1, 1996 |
| Founders 👔 | Mohit Gupta, Dimple Gupta |
| Headquarters 🏙️ | New Jersey, United States |
Number of locations | 5 offices (New Jersey, Luxembourg, Dubai, Faridabad, Noida) |
Areas served 🗺️ | North America, UK & Europe, GCC |
Key people | Mohit Gupta (CEO), Dimple Gupta (Managing Director) |
| Services | Digital transformation, Business consulting, Cloud solutions, Application development, Business process automation |
| Members | |
Number of employees | 2,500+ (2025) |
| 🌐 Website | damcogroup.com |
| 📇 Address | |
| 📞 telephone | |
Damco Solutions is a global technology company, specialising in digital transformation, IT services, and business consulting, with a focus on artificial intelligence (AI), cloud computing, and low-code development.[1] The company currently operates five offices worldwide, including locations in the United States, India, Luxembourg, and the United Arab Emirates.[2][3][4]
History
Damco Solutions was founded on May 1, 1996, in Faridabad, Haryana, India, by Mohit Gupta and Dimple Gupta.[citation needed] Over the years, the company has expanded its operations globally, providing services to clients in North America, the United Kingdom and Europe, and the Gulf Cooperation Council (GCC) region.[citation needed]
By 1999, the company had diversified its offerings across various technology stacks, and in 2001, it opened its first international delivery centers in the United States and the United Kingdom.[5][6]
Damco was named a Great Place to Work for 2023–2024 and 2024–2025,[7] and was featured in Everest Group’s 2024 PEAK Matrix Assessment for low-code application development services.[8]
In 2024, Damco launched its Enterprise AI Consulting Practice to help organisations maximise the business value of artificial intelligence. This initiative focuses on identifying practical AI use cases, developing AI-powered applications, and establishing strong data and governance frameworks.[9]
Damco provides BrokerEdge—a broker management platform to support retail and wholesale insurance brokers in managing policies, claims, commissions, and client relationships through a unified dashboard and configurable tools.[10]
Additionally, Damco Startup Studio—a comprehensive product engineering suite—caters to the needs of startups by helping them accelerate MVP development, access tech expertise, and scale products efficiently.[11]
Services
Damco provides strategic advisory services.[citation needed] The company also offers cloud consulting, including cloud migration, infrastructure management, and the development of cloud-native applications.[12]
References
- ↑ "DAMCO Group | Celent". www.celent.com. Retrieved 2025-06-30.
- ↑ "Company Profile for Mohamed & Obaid Almulla Group". Bloomberg. Retrieved 16 June 2025.
- ↑ "Damco Partners with Major Carriers to Expand BrokerEdge Capabilities". Forbes. 2025-03-05. Retrieved 2025-06-30.
- ↑ "Damco Partners with Major Carriers to Expand BrokerEdge Capabilities". Forbes. 2025-03-05. Retrieved 2022-06-30.
- ↑ "Damco Expands Technology Portfolio with Multiple Stacks by 1999". Computer Weekly. Incisive Media. 1999-11-15. Retrieved 2025-06-30.[permanent dead link]
- ↑ "Outsourcing Firm Damco Opens First U.S. and U.K. Delivery Centers". The Register. Situation Publishing. 2001-05-01. Retrieved 2025-06-30.[permanent dead link]
- ↑ "Damco Solutions". www.greatplacetowork.com. Retrieved 2025-06-30.
- ↑ "Everest Group Reports - View". www2.everestgrp.com. Retrieved 2025-06-30.
- ↑ "Damco Solutions Introduces Enterprise AI Consulting Practice to Maximize Business Value". markets.businessinsider.com. June 7, 2024. Retrieved 2025-07-01.
- ↑ "Damco's BrokerEdge Platform Transforms Insurance Brokerage Workflows". Insurance Journal. Journal Communications, Inc. 2025-05-14. Retrieved 2025-06-30.[permanent dead link]
- ↑ "Damco Solutions Renews its Commitment to Startup Success with Damco Startup Studio". AP News. 2024-08-22. Retrieved 2025-06-30.
- ↑ "How Ambit Finvest, in partnership with Damco Solutions enhanced their sales productivity". The Economic Times. 2023-01-16. ISSN 0013-0389. Retrieved 2025-06-30.
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