Majesco Hits $300M Revenue, $100M EBITDA in FY25 as AI Push Fuels Growth
Event summary
- Majesco reported $300M+ revenue and $100M+ EBITDA for FY25, with 31% non-renewal bookings growth and 55% YoY AI & Data revenue growth.
- The company processed over $100B in direct written premiums (DWP) on its platforms as of January 2026, up from $36B in 2024.
- Majesco acquired Vitech in November 2025, closing the deal in January 2026, expanding into Pension & Retirement markets.
- 95% of Majesco’s customers are now on its cloud platform, with 176 customer go-lives in FY25.
- The company launched 13 AI Agents across P&C and L&AH, enabling intelligent workflows in underwriting, policy, billing, claims, and servicing.
The big picture
Majesco’s FY25 results underscore the accelerating shift toward AI and cloud-native core insurance platforms. The company’s strategic acquisitions and product innovations position it as a key player in the industry’s transformation, with a focus on driving business optimization and customer growth through intelligent solutions. Majesco’s ability to scale and deliver measurable value to its customers will be critical in maintaining its market leadership.
What we're watching
- AI Integration
- How Majesco’s Agentic AI and GenAI capabilities will drive further customer adoption and operational efficiency.
- Market Expansion
- Whether the Vitech acquisition will successfully position Majesco as a leader in the Pension & Retirement markets.
- Competitive Positioning
- The pace at which Majesco can sustain its market leadership amid increasing competition in the AI-native insurance software space.
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