About Persistent Systems Limited

The global services and solutions company Persistent Systems Limited operates from ‘Bhageerath’, 402 Senapati Bapat Road, Pune, Maharashtra. The company specialises in Digital Engineering and Enterprise Modernisation and provides AI-enabled software engineering, product development, data and analytics, customer experience transformation, cloud computing and intelligent automation for clients across various industries. Operations span 18 countries with the company having 23 offices in India and 46 offices worldwide. The Company’s export sales comprised 91% of the total revenue in FY 2024-25 indicating an international market reach. The Company has a workforce of 24,594 employees who serve enterprise customers in Healthcare & Life Sciences (HLS), Banking, Financial Services & Insurance (BFSI) and Communications, Media & Technology, among others.

Persistent Systems Limited celebrated two crucial milestones during FY2024-25: 35 years since its inception and 15 years of being listed on Indian stock exchanges. The Company continues to focus on AI-led innovation and client success while celebrating its 35th year of operations and 15th year of listing on Indian stock exchanges.

Persistent Systems Limited’s Business Segments

• The Company operates three main business segments which include BFSI; Healthcare & Life Sciences and Technology Companies and Emerging Verticals.

Persistent Systems Limited’s Geographic Presence

• During FY 2024-25 North America generated 80.68% of revenue whereas India generated 9.38% and the Rest of the World generated 9.94%.

 Persistent Systems Limited  Key Management

• Dr. Anand Deshpande – Chairman and Managing Director
• Sandeep Kalra – Executive Director and Chief Executive Officer
• Vinit Teredesai – Executive Director and Chief Financial Officer

Latest Updates on Persistent Systems Limited

• Strategic acquisitions and asset purchases: The Company acquired Arrka Infosec Private Limited on October 28, 2024, strengthening capabilities in data privacy and AI governance. The Company concluded the purchase of particular assets from the SoHo Dragon group across the United States, Lithuania and India during November 16, 2024, March 13, 2025, and April 22, 2025 to enhance BFSI industry relations.
• Product and platform advances: Persistent Systems introduced its new AI-powered data transformation platform iAURA 2.0 and grew SASVA and GenAI Hub to enhance software development and AI-based workflows for clients.
• Partnerships: The Company launched new AI-powered offerings with Microsoft (including ContractAssIst and a GenAI-powered Population Health Management solution) and entered a long-term Strategic Partnership Agreement with Google Cloud to expand across the US, India, the UK and Australia. As an AWS Premier Tier Services Partner, Persistent is advancing GenAI solutions utilizing Amazon Bedrock, and it surpassed 1,000 Salesforce AI Associate Certifications, taking total Salesforce certifications to more than 10,500.
• Corporate actions: On April 9, 2025 the Hon’ble NCLT, Mumbai approved the merger of Capiot Software Private Limited (wholly owned subsidiary) into Persistent Systems Limited and the certified order was filed on May 13, 2025.