- Business
- Newgen Software Technologies Limited Newgen Software Technologies Limited is a global provider of an AI-first unified digital transformation platform with native process automation, content services, customer engagement, and artificial intelligence/machine learning capabilities; the company offers low-code application development tools, enterprise content management, business process management including workflow automation and dynamic case management, customer communication management, and industry-specific solutions such as digital account opening, consumer and commercial lending, trade finance, insurance policy issuance, underwriting, and claims processing. Newgen Software Technologies Limited serves over 520 active customers across more than 74 countries in 17 verticals including banking and financial services, insurance, government, healthcare, and BPOs; it generates revenue from annuity-based streams comprising software-as-a-service subscriptions, annual technical support and maintenance, and support services, alongside one-time sales of on-premise software licenses and implementation/development services. Founded in 1992 and headquartered in New Delhi, India, the company operates through subsidiaries in the United States, Canada, the United Kingdom, Singapore, and Saudi Arabia, with additional presence in the Middle East, Europe, and North America; it employs over 4,400 people and maintains global partnerships exceeding 350. Recent developments include recognition as a Niche Player in the 2025 Gartner Magic Quadrant for Business Orchestration and Automation Technologies, a Strong Performer in Digital Process Automation reports, and listings in multiple Gartner Market Guides for cash management, healthcare payer solutions, and provider credentialing; in Q2 FY26, the company reported revenues of Rs 401 crore, up 11% year-over-year, with profit after tax at Rs 82 crore, up 16%, alongside securing a GBP 1.47 million three-year master services agreement with a UK customer for licenses, AWS managed cloud, and implementation services in November 2025, a $2.27 million purchase order through its Saudi Arabian subsidiary in December 2024 to expand Middle East presence, appointment of Ms Shubhi Nigam as Non-Executive Non-Independent Director effective November 26, 2025, partnership with United Community Bank in May 2025 for small business lending modernization, and FY25 full-year revenues of Rs 1,487 crore, up 20% year-over-year, with profit after tax at Rs 315 crore, up 25%.