HSBC Bets $7.5M on India's Newgen

January 2008
Red Herring;1/7/2008, p1
Trade Publication
The article reports on a $7.5 million investment placed by HSBC Private Equity Asia, a subsidiary of HSBC Asian Ventures Fund, into Newgen Software Technologies, a company that focuses on document imaging and work flow management systems. Imaging technology can help companies collate, retrieve, and present documents. The funding raised will be used toward expansion into international banks and insurance companies in new markets in the U.S., Latin America, and European Union.


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