Nagarro hits $1 billion revenue mark in FY23
==========

Nagarro, a Munich-based products engineering company, crossed the $1 billion revenue mark in financial year 2023, growing 9.4% year-on-year on a constant currency basis. The company's revenue increased from about $908 million in 2022. Nagarro aims to reach $10 billion in ten years and is focusing on AI, India, and sector transformations. Major clients include Lufthansa and New York City. The company sees opportunities for growth in markets beyond Europe and North America, particularly in India. Nagarro is investing in artificial intelligence to drive greater responsiveness, efficiency, creativity, personalization, and sustainability in every industry. The company is listed independently on the Frankfurt Stock Exchange and has more than doubled its revenue in the past three years. Two-thirds of its revenue comes from digital services, customer experience, and ecommerce offerings. The company has 18,000 employees, with 13,000 in India and 20 offices in the country.

#Nagarro #Revenue #FinancialYear2023 #Growth #Ai #India #Lufthansa #NewYorkCity

https://m.economictimes.com/tech/information-tech/nagarro-hits-1-billion-revenue-mark-in-fy23/articleshow/109336256.cms