It’s not true, Nagarro SE is not an organization based on product, but an German service-oriented company operating in the field of information technology. The company was first established in 1996, the present firm was created as a spin-off from Allgeier SE. Nagarro is a specialist in IT products and services, as well as digital engineering across a range of industries, such as transportation, telecommunications banking, energy entertainment and gaming as well as life sciences, insurance and gaming.
Nagarro had its share listed on Frankfurt market in the month of December of 2020. Nagarro was added to the SDAX index in June 2021, and the TecDAX from Deutsch Borse in December 2021.
Here’s a quick review of Nagarro
| Details | Info |
| Founded | 1996 |
| Founder | Manas Human, Vikram Sehgal, Manmohan Gupta |
| Headquarters | Munich, Germany |
| CEO | Manas Human |
| Industry | IT Services |
| Services | Digital engineering of products Software development, AI IT consulting, cloud services, and much more |
| Number of Employees | 17,700 |
| Official Website | www.nagarro.com |
Company History
Nagarro SE traces its origins to 1996, the year it was established as an IT services business located in India through Manas Human Vikram Sehgal as well as Manmohan Gupta. Through the 1990s and into the 2000s, the company concentrated on developing custom software as well as other IT-related services. It serves clients across North America, Europe and Asia.
Nagarro was bought in 2011 by Allgeier SE, a German IT holding company in the year of 2011. In 2016, Nagarro had seen a significant increase in terms of its operations as well as revenue and strength of its employees. In in 2020 Nagarro had been spun out of Allgeier SE as a separate entity called Nagarro SE. Nagarro SE surpassed $1 billion in revenues in 2023.
Current Status
Nagarro offers technology-driven services for clients from all industries. These services include custom software development as well as digital product engineering, IT consulting cloud-based services AI solution and applications modernization. The company is focused on fluid intelligence that is an AI-based approach that promises a minimum 20% increase in productivity through eliminating the friction between data, people and the decision-making process.
Nagarro is now an OpenAI service provider to support large-scale AI adoption. Nagarro is present across 39 countries around the world with a staff base of 17,700.
Future Outlook
Nagarro SE is well positioned for steady and profitable expansion in the coming years, fueled by its emphasis on AI-native transformation cloud modernisation, high-value digital engineering solutions and strategic alliances.
