Nagarro’s revenue hits 1 billion dollar mark

BENGALURU: Digital engineering company Nagarro’s revenue crossed $1 billion in FY23, up from $908 million in the year-ago period. Nagarro follows a Jan to Dec financial year. The company recorded a growth of 9.4% in constant currency in 2023.
Listed on the Frankfurt Stock Exchange in 2020, Nagarro was co-founded by Manas Fuloria along with fellow IITians and began operations in New Delhi in 1996.It employs over 18,000 people of which, over 13,000 employees are based in India.
For Nagarro, industries with robust global growth included automotive, manufacturing and industrial, life sciences and healthcare, energy, utilities and building automation, financial services and insurance, and retail and CPG (consumer pacakged goods).