Newgen Software Technologies Limited has received and accepted a purchase order from a customer for the supply, installation, customization, and maintenance of a Digital Lending Platform. The aggregate commercial value of the order is ₹16.53 Cr. The project is expected to last 5 years and will be executed for a leading bank in India.
Digital Lending Platform Order
Newgen Software Technologies Limited has secured a new order focusing on the digitization of lending processes. The project involves providing a comprehensive Digital Lending Platform to a leading bank in India, enhancing their operational capabilities and customer service.
Order Details
The agreement covers the supply, installation, customization, and ongoing maintenance of the Digital Lending Platform. The total value of this purchase order is ₹16.53 Cr (Rupees Sixteen Crore and Fifty-Three Lakh). The company anticipates this project will solidify its position in the fintech sector.
Project Timeline
The project is expected to span a period of 5 years. This long-term engagement highlights the client’s confidence in Newgen’s technological solutions and service delivery.
Source: BSE