Newage Software & Solutions is a distinct player in the IT and Logistics sectors, known for its deep expertise in automating global supply chain management. Founded in 2007 and headquartered in the United Arab Emirates, Newage leverages cutting-edge technology to enhance efficiency in the freight forwarding and logistics industries.
With a global footprint, Newage provides solutions through its flagship product, NewageNXT, a comprehensive software that integrates various aspects of freight forwarding and logistics into cohesive, cloud-based systems. The company serves over 450 customers across 30+ countries, supported by nearly 500 employees. Its strategic modules, like Sales, eCRM, eAir, eOcean, and eFinance, allow businesses of all sizes to operate seamlessly.
Recognized as one of the most promising logistics services providers by CIO Review India in 2021, Newage is a promising investment, poised for growth with plans for expansion. The absence of recent investments suggests an opportunity for venture capitalists to engage with an innovator in the logistics domain.