Newgen Software Technologies Ltd. has secured multi-year contracts valued at approximately ₹43 crore from clients in Kuwait and the Philippines. The deals cover the deployment of the company’s digital transformation and content management platforms, with implementation expected to begin immediately.
The Indian enterprise software provider has been expanding its presence in the Middle East and Southeast Asia, where demand for automation and document management solutions is growing. The company did not disclose the specific clients but said they span the banking, insurance, and government sectors.
Newgen Software, listed on the Indian stock exchanges, reported revenue of ₹1,038 crore for the financial year ended March 2024. The latest contracts reinforce its strategy of targeting regulated industries that require robust digital workflow and compliance capabilities.