About DMI
DMI is a Business Services company based in Tysons (United States) founded in 2002 by Jay Sunny Bajaj. UIUX design, mobile, and web application development services are provided. It operates on a Managed Services and Professional Services model in Business Services and Technology sectors. DMI has raised $98.75 million across 6 funding rounds from investors including Goldman Sachs, Gaming Nation Inc and OceanSound Partners. The company has 438 employees. DMI has completed 9 acquisitions, including Aurotech, Devgurus and Golden Gekko. Its chief executive, as recorded, is Rocky Thurston. Its website dminc.com draws about 20 thousand monthly visits. Its Indian entity Encora Mobile Innovations India Private Limited reported revenue of ₹144 Cr. DMI offers products and services including Managed Mobility Services, Cloud+ Suite, and Cybersecurity Solutions. Its focus areas include IT Services, Managed Services, Software and Cloud Computing. Its competitors include Genpact, 1&1 IONOS and Mavenir; 1 of its 3 listed competitors has raised funding.
Company details
Digital transformation and managed IT services are delivered by DMI to federal, state, local, and commercial enterprises worldwide. Solutions in mobility, cloud, cybersecurity, and application development are offered to streamline operations and reduce costs. Sectors such as defense, health IT, national security, and finance are served with mission-aligned technology solutions. Innovation and efficiency are prioritized to empower customers and partners across public and private domains.
- Headquarters Tysons, United States
- Employees 438
- Founders Jay Sunny Bajaj
- SectorsBusiness ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website dminc.com
- Social LinkedIn X Facebook Instagram
- Legal Name Digital Management Holdings, Llc
- Date of Incorporation 16 May, 2011
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹144 Cr
FY 2025 · 0% YoY
- Indian entity net profit₹15.20 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹22.05 Cr
FY 2025 · 15% margin
- Total Equity Funding$98.75M (USD)
in 6 rounds
- InvestorsGoldman Sachs
& 2 more
- Employee Count438
- Investments & AcquisitionsAurotech
& 8 more
Associated legal entities of DMI
DMI operates through Encora Mobile Innovations India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Encora Mobile Innovations India Private Limited CIN U72900DL2011PTC219264 | Active | 16 May 2011 | New Delhi, Delhi | ₹144 Cr | 438 | 4 | View details |
Products & Services of DMI
DMI offers a comprehensive portfolio of products and services, including Managed Mobility Services, Cloud+ Suite, and Cybersecurity Solutions.
Devices are managed and secured across full lifecycle.
Cloud solutions are provided for organizational digital transformation.
Security frameworks are aligned with NIST and CISA.
Funding Insights of DMI
DMI has successfully raised a total of $98.75M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $98.75M
- Total Rounds 6
- First Round $1.71M
(Sep 2010)
- Investors Count 3
All 6 funding rounds of DMI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | Series D | – | – | ||
| Aug 2016 | $90M | Series C | – | Goldman Sachs | – |
| Mar 2016 | $2.85M | Series B | – | – | – |
| Mar 2016 | $4M | Series B | – | – | |
| May 2013 | $200,000 | Series A | – | – | – |
| Sep 2010 | $1.71M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in DMI
DMI has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Gaming Nation Inc and OceanSound Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in technology and technology-enabled services for government and enterprise markets. | oceansoundpartners.com | |||
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Providing technology & information platforms to the sports & entertainment industry.@FantasyFeud@5050_Central@FantasyGuruSite#PickNation | 2011 | gamingnationinc.com | Thornhill, Canada |
Investor details for DMI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Encora Mobile Innovations India Private Limited (DMI)
Encora Mobile Innovations India Private Limited is the primary company behind DMI. The board of Encora Mobile Innovations India Private Limited currently have 4 directors; the longest-serving is Jaison Verghese, appointed in 2025. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jaison Verghese DIN 03262584 | Additional Director | 04 Feb 2025 | 1 yr 8 mo | Encora Mobile Innovations India Private Limited |
| Philip Peter Pothan DIN 09477921 | Additional Director | 04 Feb 2025 | 1 yr 8 mo | Encora Mobile Innovations India Private Limited |
| Sunder Enjeti Shyam DIN 10862082 | Additional Director | 04 Feb 2025 | 1 yr 8 mo | Encora Mobile Innovations India Private Limited |
| Ashutosh Gupta DIN 11252637 | Additional Director | 27 Aug 2025 | 1 yr 1 mo | Encora Mobile Innovations India Private Limited |
People of DMI
8 people are tracked at DMI (8 in leadership); the tracked headcount is 438.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Board Member | Leadership | |
Rocky Thurston | CEO | Leadership |
Collin Dretsch | Chief Legal Officer | Leadership |
Dj Oreb | President, Managed Services | Leadership |
Michael Altshuler | CFO | Leadership |
Trey Theimer | Chief Growth Officer | Leadership |
Marion Ticknor | Chief People Officer | Leadership |
Peter Carlson | Chief Financial Officer | Leadership |
Complete people profiles for DMI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of DMI
Figures of Encora Mobile Innovations India Private Limited, the primary company behind DMI, for FY 2025. Revenue was ₹144 Cr (0% year on year). Net profit was ₹15.20 Cr (11% margin). EBITDA was ₹22.05 Cr (15% margin). Revenue has grown at a compounded annual rate of +10% over three years and +12% over five years.
- ₹144 CrRevenue · FY 2025 · 0% YoY
- ₹15.20 CrNet profit · 11% margin
- ₹22.05 CrEBITDA · 15% margin
- ₹2.89 CrPaid-up capital
- 438Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Encora Mobile Innovations India Private Limited are on its company page.
Detailed financial statements for DMI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by DMI
DMI has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Aurotech, Devgurus and Golden Gekko.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Telecom expense management solutions are provided to businesses. | simplexmobility.com | Edmonton, Canada | 2011 | Jan 2023 | •••• | |
Data analytics, DevOps management, and content management services are offered. | aurotechcorp.com | Silver Spring, United States | 2007 | Oct 2022 | •••• | |
Online suite solution for government organizations | theambitgroup.com | Vienna, United States | 2004 | Oct 2022 | •••• | |
E-commerce support services are provided by Devgurus since 2015. | devgurus.io | Santiago, Chile | 2015 | Sep 2020 | •••• | |
E-commerce development services are provided by Pragiti. | pragiti.com | Santa Clara, United States | 2011 | May 2019 | •••• | |
IoT and connected car technology services are provided. | lochbridge.com | Detroit, United States | 1973 | May 2017 | •••• | |
Operation management software is provided for e-commerce businesses. | knowledgepath.com | Burlington, United States | 2010 | Mar 2014 | $22M | |
Mobile application development and marketing services are provided to enterprises. | goldengekko.com | London, United Kingdom | 2005 | Oct 2013 | •••• | |
Predictive analytics solutions are provided via a business intelligence platform. | kalvin.com | Kuala Lumpur, Malaysia | 1997 | May 2013 | •••• |
Complete acquisition details for DMI
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Timeline of DMI
12 dated milestones of DMI across 21 years, from founding to its latest funding, stage changes and deals.
- Founded DMI is founded.
- Funding First funding round of $1.7M.
- Acquisition Acquires Kalvin.
- Acquisition Acquires Golden Gekko.
- Acquisition Acquires KnowledgePath Solutions.
- Acquisition Acquires Lochbridge.
- Acquisition Acquires Pragiti.
- Acquisition Acquires Devgurus.
- Funding Latest funding round, Series D,.
- Acquisition Acquires The Ambit Group.
- Acquisition Acquires Aurotech.
- Acquisition Acquires Simplex Mobility.
Competitors of DMI
DMI has 3 listed competitors in our database, 1 of them funded. They include Genpact, 1&1 IONOS and Mavenir.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. |
Detailed competitors of DMI
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- Full competitor set
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Web traffic of DMI
The website of DMI (dminc.com) receives about 20.1K visits a month.
- Monthly visits20.1K
▼ 19.5% vs previous month
Websites whose visitors overlap most with DMI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
k2share.com | k2share.com | 100% | #12,655,315 | – | |
dmi.org | dmi.org | 76% | #1,748,228 | – | |
| google.com | 76% | 85.8B | #1 | View details | |
| linkedin.com | 69% | 1.9B | #18 | View details | |
nhisac.org | nhisac.org | 62% | #7,803,192 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for DMI
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- 9 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Digital Transformation & Automation Services
3 companies that operate in the same segment as DMI (Digital Transformation & Automation Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 5,217 |
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Related news about Dmi
Complete news archive for DMI
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Frequently Asked Questions about DMI
DMI was founded in 2002 and raised its 1st funding round 8 years after it was founded.
DMI is headquartered in Tysons, United States. It is registered at Tysons, Virginia, United States.
Rocky Thurston is the CEO of DMI, as recorded in our data.
DMI is a funded company, having raised a total of $98.75M across 6 funding rounds to date. The company's 1st funding round was a Series A of $1.71M, raised on Sep 2010.
DMI has 438 employees.
The primary company behind DMI, Encora Mobile Innovations India Private Limited, reported revenue of ₹144 Cr for FY 2025, down 0% year on year.
Digital transformation and managed IT services are delivered by DMI to federal, state, local, and commercial enterprises worldwide. Solutions in mobility, cloud, cybersecurity, and application development are offered to streamline operations and reduce costs. Sectors such as defense, health IT, national security, and finance are served with mission-aligned technology solutions. Innovation and efficiency are prioritized to empower customers and partners across public and private domains.
DMI offers Managed Mobility Services, Cloud+ Suite, and Cybersecurity Solutions.
DMI has made 9 acquisitions, including Aurotech, Devgurus, and Golden Gekko.
DMI has 3 investors. Key investors include Goldman Sachs, Gaming Nation Inc, and OceanSound Partners.
DMI operates through Encora Mobile Innovations India Private Limited.