Newgen Software Subsidiary Secures $2.59 Million Master Service Agreement with U.S. Healthcare Firm

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October 1, 2025: Newgen Software Technologies Limited announced that its U.S.-based subsidiary, Newgen Software Inc. (NSI), has signed a Master Service Agreement with a leading healthcare company in the United States.

The deal, valued at USD 2,593,125 (approx. ₹21.6 crore), covers annual subscription fees for software licensing, cloud hosting services, and implementation support. The contract will be executed over a three-year period.

Key Details of the Agreement:

  • Entity Awarding Contract: Leading U.S. healthcare company (name withheld due to confidentiality)
  • Nature of Contract: Subscription-based software license, cloud hosting, and implementation services
  • Contract Value: USD 2,593,125
  • Duration: 3 years
  • Geography: USA

This deal reinforces Newgen’s growing presence in the global healthcare technology space, leveraging its digital transformation and cloud-based solutions to streamline operations for enterprise clients.

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