Deals28 Sept 2026, 11:00 pm
Newgen Software wins US health insurer order worth ₹52.55 Cr
AI Summary
Newgen Software Technologies Ltd announced that its US subsidiary, Newgen Software Inc. (NSI), has secured an agreement with a health insurance company in the USA. The contract, valued at US Dollars 5,475,020 (approximately ₹52.55 Crore), involves the supply, installation, implementation, and cloud hosting of NewgenONE Complaints, Appeals and Grievances (CAG) Solution. The agreement is for a period of three years and includes license, implementation, annual maintenance, cloud hosting, and support services. The customer's name remains confidential due to privacy reasons. The company confirmed that this is not a related party transaction.
Key Highlights
- Newgen's US subsidiary secured a significant order.
- The order is valued at ₹52.55 Cr from a US health insurer.
- It involves cloud hosting and implementation of NewgenONE CAG.
- The contract duration is for three years.
- This expands Newgen's presence in the US healthcare sector.
Price Impact
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