Persistent Systems, the Pune-based software firm has revived its plans for an IPO, The Anand Deshpande is a founder and CMD of the company,
it has been ranked as one of the fastest-growing companies on the Deloitte Technology Fast 500 Asia Pacific 2009 list. The ranking is based on percentage revenue growth over three years.
The company had net profit of around Rs 55.5 crore on revenues of Rs 314.4 crore for the year ended March 2007.
About Persistent Systems
Established in 1990, Persistent Systems is recognized as an award-winning technology company specializing in software product development services. With 4,200+ employees, innovative business models, and reusable assets and frameworks,Persistent Systems has delivered over 2,400 software product releases to their 175+ customers in the last six years. For more information, please visit: www.persistentsys.com
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