Newgen Software Arm Secures ₹38.64 Cr Saudi Loan Origination System Deal

• Newgen Software Technologies' subsidiary secured a ₹38.64 crore order in Saudi Arabia.
• The order is for designing and developing a Loan Origination System for a major public sector bank in Saudi Arabia.
• The project, valued at SAR 15,982,125 (including tax), includes perpetual license, implementation, and one year of post-go-live support.
• The project is expected to be completed within a 2-year timeframe.

Why It Matters: Newgen Software's big Saudi order boosts its international presence and revenue.