Newgen Software lands ₹56 crore contracts in India and Saudi Arabia

• Newgen Software secured contracts worth ₹56 crore in India and abroad.
• Its Saudi subsidiary signed a ₹38.64 crore deal with a public sector bank for a loan origination system, including perpetual license, implementation, and support over two years.
• The company also received a ₹16.53 crore domestic order from an Indian bank for a five-year digital lending platform contract.
• Customer names for both contracts were withheld due to confidentiality.

Why It Matters: Newgen Software's new contracts signal strong business growth and market confidence.