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About us: Datacomp Web Technologies is a 20-year-old established & well-known player in the Insurance automation software sector. Established in 1985, Datacomp Technologies today rules the roost in one of the world’s biggest markets - India. Its specialty is developing software solutions for the insurance intermediary sector. A private limited company; it is headquartered
in Mumbai with offices in New Delhi, Bangalore and Chennai with
total employee strength of 200+ professionals. It also has 90+
channel partners who market and support more than 26,000 customers
across 1500 cities & towns. The crème de la crème
of Indian insurance intermediaries are all IT-enabled by Datacomp
through its suite of business automation and CRM products. Datacomp’s
solutions, for both Life & Non-Life segments, encompass front
end quotation systems, backoffice software solutions, internal
intranets, customized website development.The successful product
suite also includes BrokerMagic and BancassureMagic, which are
being used by India’s leading insurance broking firms and banks
respectively. Our heritage provides our clients the advantage of tried & tested management structures coupled with the Asian cost advantage. Since we ourselves have had 20 years of experience in running a successful IT organisation, we know the pain points that most organisations face. It is our job to reduce the painful learning curve & free up client resources so that they can concentrate on their core competencies. For more information, please contact: Head Office Branch Offices
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Ajay Arora (MD & CEO): As a founder Ajay Arora, brings exceptional vision and more than 20 years of well-honed experience in Information Technology development and marketing to Datacomp. Having served as the Technical Director with Virtual Graphics Private Limited and Softron Software Consultants Private Limited he gained extensive business development experience and knowledge of conceptualizing innovative technological solutions for the Insurance and Finance industries, implementing them and further introducing them to target markets. His strong leadership qualities, excellent communication
skills coupled with extensive knowledge of the insurance industry
has made him a renowned speaker having addressed audiences at
more than 1000 regional and national insurance seminars/conventions.
He is responsible for spearheading the company and establishing
a sense of direction for the company’s products to meet corporate
objectives. Madhu Awatramani (Director): Madhu Awatramani, B.E from Mumbai served as a project leader for Citibank’s Analytics division and holds about fifteen years experience in successfully executing several IT related projects. His work involved developing new markets and building strategic partnerships for creating a global presence for his product. Applying his strong business acumen and leadership
skills he set up his own hardware business that took up networking
contracts, Y2k projects etc and could boast of clients such as
ChaseManhattan Bank, Hoechst, PriceWaterhouse Coopers, Intell,
Lintas, Heinz to name a few. His strong entrepreneurial skills
and ability to chalk out strategies for exploring new markets
have been the major motivating factors that have enabled Datacomp
to excel in its pursuit of success. Board of advisors: N.N.Joshi: After spending over 25 years in the insurance industry and serving at various illustrious positions in the Life Insurance Corporation of India and its subsidiaries, Naren is a professional to the core. Presently, the Chief advisor to ING Insurance Company (Netherlands), with his domain knowledge and strategic thinking, Naren is giving Datacomp and InsureMagic.com™ a direction in their endeavor to serve the insurance community. Ashok Shaligram: Ashok has over 30 years of experience in national and international marketing, training, operations and distribution in the insurance industry. An ex-Executive Director of Life Insurance Corporation of India, and an active contributor to National Insurance Academy, CIFP-LIMRA and ETRIMM, Ashok is presently advising Datacomp and InsureMagic.com™ in bringing the Indian insurance community come together and exploit the power of Information Technology. Ramakant Desai: A B.Com graduate and Diploma in public & Business Administration, Mr. Ramakant Desai has spent over 20 years in selling insurance. A career LIC agent, mr. Desai has qualified for Million dollar Round Table for 7 years due to his professional excellence and high standards. He features regularly in the All India Business Achievers. | Top | TDA Capital Partners TDA Capital is US based Venture Capital fund specialising in emerging markets. It has made more than 40 investments worldwide in Central & Eastern Europe, Israel and US. Datacomp Web technologies is one of its first investment in India. Edelweiss Capitals Ltd. Edelweiss is a technology investment bank, working closely with entrepreneurs and companies that develop innovative and hi-tech products and are typically growing at exponential rates. These companies are in various stages of operations like early stages of commercialization, research and development, or in the later stages attempting to scale up. Edelweiss' s experience in and knowledge of these sectors and early stage business models enables us to provide high quality advice on business plan development and strategy, capitalization structures, valuation, transaction structuring and investor negotiations. Other services offered by Edelweiss include strategic and IPO advisory, and mergers and acquisitions.
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