| Brief history of the Company
The Company was incorporated as `Newgen Software Technologies Private Limited' on June 5, 1992, as a private limited company under the Companies Act 1956, with a certificate of incorporation granted by the RoC. the Company became a deemed public limited company in terms of Section 43(A) of the Companies Act 1956 with effect from July 1, 1997. Further, pursuant to a special resolution passed by the shareholders on June 7, 2000, the name was changed to `Newgen Software Technologies Limited' and the Company was converted into a public limited company with effect from June 13, 2000.
Business and management
For a description of the activities, products, technology, market segments, the growth of the Company, the standing of the Company with reference to prominent competitors in connection with the products, management, major suppliers and customers, regional geographical segment etc., see "Industry Overview", "the Business" and "Management's Discussion and Analysis of Financial Condition and Results of Operations"
Major events and milestones
1992
- Incorporated the Company.
1997
- Incorporated the wholly-owned Subsidiary, Newgen USA.
2008
- Received investment from SAP AG, Germany and HAV 2 (Mauritius) Limited in the Company
2010
- Released OmniDocs 7.0 - This version was developed with focus on stability, performance and improved manageability.
2011
- Released RMS 2.0 - Updates focused around DoD 5015.02-STD certified RMS, enhanced record policies, search & retrieve operations.
2012
- Incorporated the Subsidiaries, Newgen Software Technologies Canada Ltd. ("Newgen Canada") and Newgen Software Technologies Pte. Ltd. ("Newgen Singapore").
2013
- Released ZapIn 1.2.1 - Mobile capture solution Received investment from IDGVI and Ascent Capital in the Company
2014
- Released NEMF - Newgen Enterprise Mobility Framework to rapidly create rich mobile applications. Released iBPS 2.1 - Updates focused around providing social, mobile and analytics capabilities.
2015
- Incorporated the Subsidiary, Newgen Software UK
2017
- Released: OmniOMS 8.0 - Updates focused around end-to-end interactive and on-demand use cases, real-time communication generation from devices and business systems, multichannel distribution and HTML5 based emails.
Awards and achievements
2017
- A customer in the banking vertical won the Asian Banker Africa Technology Innovation Awards 2017 for Best Branch Automation
2016
- A customer in the banking vertical won the Asian Banker Middle East & Africa Technology Implementation Awards 2016 for "Best Branch Automation" in Africa
- A customer in the banking vertical won the Workflow Management Coalition ("WfMC") Global Awards for Excellence in Business Process Management 2016
2015
- A customer in the banking vertical won the WfMC Global Awards for Excellence in Business Process Management and Workflow 2015
- A customer in the banking vertical won the Elets Knowledge Exchange Awards 2015
- A customer in the banking vertical won the Asian Banker Middle East Technology Implementation Awards 2015 for Best Branch Automation
2014
- A customer in the banking vertical won the Elets Financial Inclusion and Payments System Award 2014
2017
-Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.
2018
-Newgen Software Wins the Dun & Bradstreet - RBL Bank SME Business Excellence Awards 2018'.
-Newgen Software launches OmniScan 4.1.
-Newgen Software together have won the award for Best Retail Paymentjlnitiativc, Application or Programme for Middle East.
-received a work order for the digitization project of the District Courts and Tehsil Courts in the State of Madhya Pradesh.
2019
-Newgen receives special recognition at Dun & Bradstreet - RBL Bank SME Business Excellence Awards 2019.
-Newgen Software gets patent for Automated Quality & Usability Assessment of Scanned Documents.
-Newgen Software gets Patent from US Patent Office for Intelligent Check Deposit Machine.
2021
-TCS Partners with Newgen for their Flagship Banking Service Bureau Project in Israel.
-Newgen Recognized in 2021 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms for Second Year in a Row.
-Newgen Launches AI and ML-based Identity Document Extraction and Redaction Software.
-Newgen Partners with U.S.-based Glia to Enhance Banking Processes.
-Newgen Launches OmniDocs ActiveScript to Rapidly Automate Document-centric Processes.
2022
-Newgen Launches World's First Low Code Trade Finance Platform for Banks at the Annual Customer Meet in Mumbai.
-Newgen Strengthens NewgenONE Digital Transformation Platform with an All-new Robotic Process Automation Offering.
-Newgen Software Technologies Joins AWS ISV Accelerate Program.
-Newgen, Tech Mahindra in Deal with UK-based Premium Credit (PCL) to Automate Premium Finance Process.
|