Persistent Systemspublic
Persistent Systems is a Pune-based, publicly listed (BSE/NSE) company founded in 1990 by Anand Deshpande. It provides AI-led, platform-driven digital engineering and enterprise modernization to software and hi-tech firms, BFSI, and healthcare and life sciences clients. It earns revenue mainly from time-and-materials and fixed-price engineering contracts, increasingly using its own AI tools such as SASVA. It reported $1,654.4M revenue in FY26 (year ended March 2026), up 17.4% year on year with a 15.6% EBIT margin, and has over 27,500 employees in 18 countries.
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