Damco Solutions Ltd
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Damco Solutions Ltd - overview
Established
1996
Location
Plainsboro, NJ, US
Primary Industry
IT Infrastructure
About
Founded in 1996 and based in New Jersey, US, Damco Solutions, Inc. is a company that offers end-to-end business and technical solutions. The company was founded by its CEO, Mohit Gupta. The company also has offices in the UK, Luxembourg, the UAE, and India.
The company offers a diverse range of services, covering areas like application development and transformation, artificial intelligence and machine learning, blockchain, cloud migration, data processing, data analytics, mobility solutions, robotic process automation, and more. The firm’s services are designed to help businesses leverage technological advancements to drive growth, enhance efficiency, and remain competitive. Damco Solutions Inc. serves more than 24 industries, including automotive, digital agencies, education and elearning, energy and utilities, healthcare, financial services, and others.
The company’s solutions include BrokerEdge, B-Life, InsureEdge, Optima Pro, and Product Lab. The firm’s partners include Microsoft, Salesforce, Google Cloud, OutSystems, Amazon Web Services, Nividous, and others.
Primary Industry
IT Infrastructure
Sub Industries
Business Support Services, eMarketing/Digital Marketing, Recruitment/Executive Search, Web Development, IT Infrastructure, Analytics & Performance Software, Application Integration Software
Website
www.damcogroup.com/
Verticals
Artificial Intelligence, Blockchain, InsureTech, Mobile Apps
Total Amount Raised
Subscriber access only
Damco Solutions Ltd - timeline of key events
Damco Solutions Ltd - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 27,299,511 | 32,531,795 | 31,152,822 | 28,660,254 | - | - | - |
| % Revenue Growth (YoY) | - | 19.2% | (4.2%) | (8.0%) | - | - | - |
| EBITDA (USD) | 1,150,762 | 2,587,504 | 2,550,249 | 4,966,737 | - | - | - |
| Operating Income (USD) | 1,076,016 | 2,521,694 | 2,483,499 | 4,904,428 | - | - | - |
| Operating Margin | 3.9% | 7.8% | 8.0% | 17.1% | - | - | - |
| % EBITDA Margin | 4.2% | 8.0% | 8.2% | 17.3% | - | - | - |
| NET Income (USD) | 720,291 | 1,874,847 | 1,884,713 | 3,647,344 | - | - | - |
| % Net Margin | 2.6% | 5.8% | 6.0% | 12.7% | - | - | - |
Damco Solutions Ltd - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.