Newgen Software Inc. (NSI), a key material subsidiary of Newgen Software Technologies Limited, has announced a significant business development. The USA-based subsidiary has secured purchase orders valued at an impressive USD 3,008,533 (inclusive of taxes) from an international client in the insurance industry.
This achievement reinforces Newgen’s commitment to delivering cutting-edge digital transformation solutions, tailored to meet the dynamic needs of global businesses.
Key Highlights of the Purchase Orders
- Nature of the Client: The orders have been received from a notable player in the insurance industry, emphasizing Newgen’s expertise in catering to this critical sector.
- International Recognition: The contracts are with an international entity, reflecting the global trust in Newgen’s robust technological offerings.
- Duration of Engagement: The duration of the contract spans 5 years, ensuring a long-term association and consistent delivery of value to the client.
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