Newgen Software
Newgen Software Technologies Limited
Private
Industry Business Process Management, Enterprise Content Management
Founded 1992
Headquarters New Delhi, India
Key people
Diwakar Nigam (CEO)
Website newgensoft.com

Newgen Software Technologies Limited is a privately held IT company headquartered in New Delhi, India.[1]. It has investors namely SAP Ventures (now Sapphire Ventures), Ascent Capital & IDG Ventures. Earlier, its investors were SAP Ventures & HSBC Private Equity (now Headland Capital). It primarily focuses on Business Process Management, Enterprise Content Management.[1] It also has services for Customer communications management, Document Management Systems and Workflow and Process Automation.[2] According to industry analyst firm Forrester Research, Newgen is a strong performer in ECM space.[3] Newgen has been featured in Ovum Decision Matrix, 2011.[4] Its BPM/ECM suite includes OmniScan, OmniDocs, OmniFlow and iBPS.[5]

Newgen was founded by Diwakar Nigam, its current CEO, in 1992 as his second attempt at starting a business.[2][6][7] Newgen's first major deal was providing document processing software to digitise paper documents for Canon Inc., which licensed it, and partnered with Citibank India.[2]

In 2014, its revenue was 52 million USD.[1] In April 2015, Newgen partnered with Data Communications Ltd. to expand its services in Mauritius, and to serve as a bridge to Africa as part of its expansion strategy.[6] In 2015, Business Today ranked Newgen as the best small/medium enterprise overall and for services.[2]

In May 2016, Newgen released its NEMF app, an enterprise-grade mobile capture app that was developed in partnership with Microsoft India.[7][8] It offers geolocation, image capture, editing tools, and task management capabilities on mobile devices.[7][8]

The company motto is "One World, One Workplace".[2] Currently motto has been changed to "Reinvent Your Workplace".As of June 2017, it employed 2200 people worldwide and has offices in India, Singapore, the United Arab Emirates, Canada, United Kingdom and the United States.[6]

Newgen has applied for IPO in September 2017 with Securities and Exchange Board of India (SEBI), which was approved by the later on 13th November 2017. From the proceeds, the company is planning to purchase and furnish office premises within India and abroad.

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External links



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