Nwgen Software Technologies Ltd Company Profile : Products,Promoters and Clients

Newgen Software Technologies

This multinational software company develops software products and designs and provides end-to-end software solutions that encompass the whole range of software services, including workflow automation, document management, and imaging..

Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery 

Q1.What are the Products and Service offerings of the company?

1.Unified Digital Transformation Platform

  • NewgenONE: A low code digital transformation platform for automating end-to-end business processes and comprehensively managing content and communications.
  • OmniDocs Contextual Content Services Platform: Enables end-to-end management of enterprise content, from origination to disposition, with context and enables organizations to go digital.
  • Loan Origination Software / Digital Lending: A low code digital automation platform for implementing loan origination solutions, ensuring compliance with regulatory requirements and streamlining the lending process.

2.Business Process Management (BPM) and Enterprise Content Management (ECM) Suite

  • Workflow Automation: Automates complex business processes across various industries.
  • Document Management: Manages and stores documents securely and efficiently.
  • Imaging: Captures, processes, and stores images and documents.
  • Content Services: Provides multi-channel content capture and management, and omnichannel customer engagement.

Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education

3.Digital Transformation Solutions

  • Automate Digital Journeys: Streamlines business processes and improves productivity across various sectors.
  • Low Code Environment: Rapid development and deployment of complex and mission-critical business applications based on deep domain expertise, tailored by geography.
  • 100% Custom-fit: Custom development environment with persona-based dashboards, business rules, role management, delegations, authority matrix, eligibility checks, and more.
  • Superior Customer Experience: Multi-channel content capture & management and omnichannel customer engagement.
  • Cloud-based Deployment: Digital workplace with remote and secure operations, either on cloud, on-premises, or in a hybrid environment.
  • Agility and Extensibility: Scalable and agile platform with a significantly lower total cost of ownership and faster time to market.
  • Seamless Integration: Pre-built adapters for industry-standard interfaces with integration to popular core systems.

Also Read: 5 Best Electric Vehicle/EV Stocks to Invest in India

Q2.Who are the Promoters of the Company?

Diwakar Nigam

Chairman and Managing Director

Diwakar Nigam co-founded Newgen in 1992. He is also a founding member of NASSCOM, India’s apex IT industry association, and was a member of NASSCOM’s Anti-Piracy Task Group. Prior to joining Newgen, he founded Softek and was associated with the company for 12 years. Diwakar has served on Newgen’s Board of Directors since 1993 and has more than 35 years of experience in the IT industry. He is an alumnus of University of Allahabad, IIT Delhi, and IIT Madras

Virender Jeet


Virender Jeet has been with Newgen for over 26 years and manages the overall strategic and operational functions for the company’s entire portfolio of offerings. He oversees product development, global sales and marketing, and business enablement, and has spearheaded the filing of various patents in India and the U.S. He holds a Bachelor’s degree in Engineering from Savitribai Phule, Pune University

Q3.Who are the Major Clients of the company?

Old Point National Bank. American National Bank , Bank of Bahamas , Clarion,Bank Midwest,Indusland Bank , Union Bank, Astrazeneca,Max Life Insurance are some of its major customers .

Also Read: Firstsource Solutions Ltd. Company Profile : Products, Promoters and Clients