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Persistent Systems's Overview

Total employees25529
HeadquartersPune
Founded

Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization. With over three decades of experience, Persistent partners with businesses across industries like Banking & Financial Services, Healthcare & Life Sciences, Software & Hi-Tech, and TMT to accelerate their digital transformation journeys. They leverage cutting-edge technologies including AI, cloud, IoT, and data analytics to build resilient, scalable, and innovative solutions. Persistent is recognized for its deep technical expertise, client-centric approach, and commitment to driving tangible business outcomes for its global clientele.

Where is Persistent Systems's Headquarters?

HQ Function

The Pune headquarters serves as the company's central command, driving global strategy, research and development, innovation initiatives, and core administrative operations. It supports worldwide delivery capabilities and client management.

Notable Features:

The campus in Pune comprises multiple modern, eco-friendly buildings with advanced R&D labs, collaborative workspaces, agile development floors, training centers, and employee recreational facilities, designed to foster innovation, learning, and productivity.

Work Culture:

Persistent's HQ cultivates a culture of continuous learning, innovation, and collaboration. Employees experience an open, empowering environment that encourages agile problem-solving, client-centricity, and technological excellence, with a strong emphasis on professional growth and community engagement.

HQ Significance:

The Pune headquarters is highly significant as it represents Persistent's origins and its evolution from a focused product development partner to a global digital engineering leader. It symbolizes India's strength in the IT sector and serves as a major talent and innovation hub for the company.

Values Reflected in HQ: The headquarters' design, operations, and environment reflect Persistent's core values: integrity, customer focus, innovation, collaboration, respect for the individual, and excellence. It aims to provide a stimulating and supportive atmosphere for employees to thrive.

Location:

Persistent Systems has a robust global presence with 23 delivery centers and multiple sales offices across North America (USA, Canada, Mexico), Europe (UK, Ireland, France, Germany, Netherlands), and Asia-Pacific (India, Australia, Malaysia, Singapore, Sri Lanka). This widespread network enables them to support clients worldwide, offering digital product engineering, data & analytics, cloud transformation, and enterprise IT modernization services across diverse industries with a follow-the-sun model and access to global talent.

Street Address:

Bhageerath, 402 Senapati Bapat Road

City:

Pune

State/Province:

Maharashtra

Country:

India

Persistent Systems's Global Presence

Santa Clara, California, USA

Address: 2055 Laurelwood Road, Suite 210, Santa Clara, CA 95054, USA

Strategic center for engaging with US-based clients, fostering innovation partnerships, and driving growth in the North American market.

Dublin, Ireland

Address: First Floor, The Distillers Building, Smithfield, Dublin 7, D07 E252, Ireland

Facilitates expansion in the European market, providing localized support, talent acquisition, and expertise for regional clients and projects.

Kuala Lumpur, Malaysia

Address: Unit 3A-01, Level 3A, Tower 8, Avenue 5, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia

Strengthens Persistent's presence in Southeast Asia, offering nearshore capabilities, tapping into the regional talent pool, and supporting market growth in APAC.

Edinburgh, Scotland, UK

Address: Atria One, 144 Morrison Street, Edinburgh, EH3 8EX, Scotland, United Kingdom

Supports growth in the UK market, providing advanced technology solutions and leveraging local talent for specialized domains.

Buying Intent Signals for Persistent Systems

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Persistent Systems

As of April 2025, Persistent Systems' leadership includes:

Dr. Anand Deshpande - Founder, Chairman and Managing Director
Sandeep Kalra - Chief Executive Officer and Executive Director
Sunil Sapre - Executive Director and Chief Financial Officer (Retiring June 2024)
Vinit Teredesai - Chief Financial Officer Designate (Taking charge June 2024)
Yogesh Patgaonkar - Chief Operating Officer
Guruprasad Balaji - Chief Architect & Head of GenAI
Sameer Bendre - Chief People Officer
Rajiv Sodhi - Senior Vice President – Hyperscaler Business & Strategic Alliances

Investors of Persistent Systems

Persistent Systems has been backed by several prominent investors over the years, including:

Life Insurance Corporation of India
Nippon Life India Trustee Ltd (acting for Nippon India Mutual Fund schemes)
SBI Mutual Fund
Mirae Asset Mutual Fund
Various Foreign Portfolio Investors (FPIs) and Domestic Institutional Investors (DIIs)

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

Persistent Systems announced a significant leadership transition in its finance department with the upcoming retirement of its current CFO and the appointment of a new CFO, effective June 2024. This change ensures leadership continuity while bringing fresh perspectives to the company's financial strategy.

Departures

Sunil Sapre, Sunil Sapre is set to retire from his position as CFO and Executive Director on June 11, 2024, marking the end of his tenure with Persistent Systems.

New Appointments:

Vinit Teredesai, Vinit Teredesai was appointed as CFO Designate in April 2024 and will officially take charge as Chief Financial Officer from June 12, 2024.

Technology (Tech Stack) used by Persistent Systems

Discover the tools Persistent Systems uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Persistent Systems Email Formats and Examples

Persistent Systems primarily utilizes an email format combining employee names with their domain. The most commonly observed and generally effective format is [firstname]_[lastname]@persistent.com. While other variations might exist internally, this pattern is frequently seen in external communications and for leadership.

[firstname]_[lastname]@persistent.com

Format

sandeep_kalra@persistent.com

Example

90%

Success rate

News and media

Persistent Systems Press ReleaseApril 21, 2024

Persistent Systems Reports 26.8% YoY Growth in Net Profit for Q4 FY24 and 25.5% for FY24

Persistent Systems announced strong financial results for Q4 FY24 and the full fiscal year. For Q4 FY24, revenue was $310.88 million (up 13.2% YoY) and net profit was INR 3,153 million (up 26.8% YoY). For FY24, revenue reached $1,185.72 million (up 17.7% YoY) and net profit was INR 10,935 million (up 25.5% YoY)....more

Persistent Systems Press ReleaseApril 20, 2024

Persistent Systems Appoints Vinit Teredesai as Chief Financial Officer

Persistent Systems announced the appointment of Vinit Teredesai as Chief Financial Officer Designate. He will succeed Sunil Sapre, who is retiring. Vinit Teredesai will take over as CFO effective June 12, 2024, bringing over 28 years of experience in finance with global technology and manufacturing companies....more

Persistent Systems Press ReleaseJanuary 10, 2024

Persistent and Google Cloud Co-Develop Suite of Generative AI Solutions to Accelerate Enterprise Innovation

Persistent announced a strategic collaboration with Google Cloud to co-develop a suite of innovative generative AI-powered solutions. This partnership aims to leverage Persistent's deep digital engineering expertise and Google Cloud's advanced AI platform to help enterprises rapidly adopt GenAI and drive business transformation....more

Persistent Systems Press ReleaseFebruary 27, 2024

Persistent Launches Persistent Intelligent Document Processing (PIDP), a Comprehensive Solution on AWS

Persistent announced the launch of Persistent Intelligent Document Processing (PIDP), a new solution built on Amazon Web Services (AWS). PIDP leverages AI and machine learning to automate and streamline the extraction and processing of data from complex documents, enhancing operational efficiency for enterprises....more

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