Newgen Software wins Rs 15.59 cr order from Annapurna Finance
NEWGEN · price
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Newgen Software Technologies has received a Purchase Order worth Rs 15.59 crore from Annapurna Finance Private Limited for implementation and maintenance of a Loan Origination and Collections System. The 5 year contract includes perpetual licensing, implementation, and support services. The order is from a domestic Indian entity. No promoter or group company interest in the counterparty.
Positive order win adds to revenue pipeline; domestic BFSI client strengthens order book visibility over the 5 year period.