Damco
| Company type | Private |
|---|---|
| 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 |
Number of employees | 2,500+ (2025) |
| Website | damcogroup.com |
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]
History
[edit]Damco Solutions was founded on May 1, 1996, in Faridabad, Haryana, India, by Mohit Gupta and Dimple Gupta.[3] 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.[4]
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.
In 2015, the company adopted an industry-specific strategy, focusing initially on the insurance sector. By 2020, Damco repositioned itself as a digital transformation partner, investing in AI and strategy consulting services.
Damco was named a Great Place to Work for 2023–2024 and 2024–2025,[5][6] and was featured in Everest Group’s 2024 PEAK Matrix Assessment for low-code application development services.[7]
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.[8]
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.
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.[9]
Services
[edit]Damco Solutions offers a comprehensive range of services designed to support business transformation and foster digital innovation for clients across various industries. The company specializes in digital transformation by helping organizations adapt to the evolving technological landscape.[10]
In the area of business consulting, Damco provides strategic advisory services that assist clients in streamlining operations and addressing complex business challenges. The company also offers extensive cloud solutions, including cloud migration, infrastructure management, and the development of cloud-native applications, enabling organizations to scale effectively and operate with greater agility.[11]
Damco Solutions provides application development services for delivering custom software solutions aligned with the specific requirements of individual clients. These applications are designed with a focus on usability, performance, and scalability. The company also offers business process automation services, which are designed to streamline key workflows, minimize manual errors, and enhance operational efficiency.[12]
References
[edit]- ^ "DAMCO Group | Celent". www.celent.com. Retrieved 2025-06-18.
- ^ "Company Profile for Mohamed & Obaid Almulla Group". Bloomberg. Retrieved 16 June 2025.
- ^ Gupta, Mohit. "A CEO's Blueprint For Innovation And Resilience In 2025". Forbes. Retrieved 2025-06-18.
- ^ Cornes, Mae (2024-06-21). "Staying Relevant: Leadership Lessons for Thriving in the Dynamic Tech Industry - LA Weekly". Retrieved 2025-06-18.
- ^ "Damco Solutions". www.greatplacetowork.com. Retrieved 2025-06-18.
- ^ Desk, CXOtoday News (2024-07-09). "Damco Solutions Earns Second Consecutive Great Place to Work® Certification". CXOToday.com. Retrieved 2025-06-18.
{{cite web}}:|last=has generic name (help) - ^ "Everest Group Reports - View". www2.everestgrp.com. Retrieved 2025-06-18.
- ^ Plainsboro; Jersey, New; June 7, United States-; 2024. "Damco Solutions Introduces Enterprise AI Consulting Practice to Maximize Business Value". markets.businessinsider.com. Retrieved 2025-06-18.
{{cite web}}:|last4=has numeric name (help)CS1 maint: numeric names: authors list (link) - ^ "Damco Solutions Renews its Commitment to Startup Success with Damco Startup Studio". AP News. 2024-08-22. Retrieved 2025-06-18.
- ^ Panel®, Expert. "Balancing Security, Performance And An Optimal UX In Tech Platforms". Forbes. Retrieved 2025-06-18.
- ^ "How Ambit Finvest, in partnership with Damco Solutions enhanced their sales productivity". The Economic Times. 2023-01-16. ISSN 0013-0389. Retrieved 2025-06-18.
- ^ "Transforming Legacy Software Products with Damco's Modernization Approach - Financial Tech Times". 2024-08-02. Retrieved 2025-06-18.