Newgen Software eyes sustained 20% growth; US to drive future expansion

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Newgen Software expects to maintain its long-term growth momentum of around 20% annually, with the United States emerging as a key growth driver over the next few years.

“We have constantly grown at 20% for many years, starting from 2013,” Chief Executive Officer, Virender Jeet said. “There is no reason why we should not be able to maintain that.” He added that while there were some deal delays last year, the business still met its annual growth target.

In the fiscal year 2023-24 (FY24), the company grew 20% year-on-year (YoY). However, quarter…



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Newgen Software eyes sustained 20% growth; US to drive future expansion


Newgen Software expects to maintain its long-term growth momentum of around 20% annually, with the United States emerging as a key growth driver over the next few years.

“We have constantly grown at 20% for many years, starting from 2013,” Chief Executive Officer, Virender Jeet said. “There is no reason why we should not be able to maintain that.” He added that while there were some deal delays last year, the business still met its annual growth target.

In the fiscal year 2023-24 (FY24), the company grew 20% year-on-year (YoY). However, quarter…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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