Newgen Software Technologies Limited, through its material subsidiary Newgen Software Inc. (USA), has announced a significant business win in the healthcare domain. The company has entered into a Master Service Agreement (MSA) with a leading healthcare company in the United States, marking another step forward in expanding its international presence.
The deal, valued at USD 2,593,125 (approx. INR 21.6 crore), covers a period of three years and will include:
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Annual subscription fees for software licenses
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Cloud hosting services
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Implementation fees
While the customer’s name has not been disclosed due to confidentiality obligations, the agreement underlines Newgen’s growing footprint in the US healthcare technology sector.
Speaking about the development, Newgen highlighted that this partnership will help streamline digital transformation in healthcare operations by leveraging its cloud-based software solutions and workflow automation platforms.
This contract has been awarded by an international entity based in the USA and does not fall under related party transactions
