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Anand Deshpande

He founded Persistent Systems, a Pune software company, in 1990 with $21,000, listed it in 2010, and remains its Chairman and Managing Director.

Software  /  Persistent Systems
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2026
On record since
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Cited sources
Maharashtra of Tomorrow
No. 002Software
Anand
Deshpande
He founded Persistent Systems, a Pune software company, in 1990 with $21,000, listed it in 2010, and remains its Chairman and Managing Director.
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Maharashtra of TomorrowNo. 002
Persistent Systems
Founded1990 · Pune
RaisedBootstrapped ($21K founding stake); listed 2010 (BSE, NSE)
BackersNot yet on record
Compounding moves
1990 · Founded Persistent Systems in Pune as a database venture, pooling $21,000 from his savings and borrowings from his father and friends, and secured a spot in Pune's new software tech park
2010 · Listed the company (BSE & NSE: PERSISTENT)
2019 · Stepped down as CEO while remaining Chairman and Managing Director
2025 · Reported FY25 revenue of $1,409.1M in the company's audited results
Series 2026 · No. 002Verified July 17, 2026 · anchored
Record v2 · 9 sources on record · Last verified 2026-07-18 · Report an error →
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The record

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Company
Persistent Systems
Founded
1990 · Pune
Raised
Bootstrapped ($21K founding stake); listed 2010 (BSE, NSE)

Sources

Every claim above traces to a published source. These are the ones on file.

  1. Forbes profile
  2. Forbes profile
  3. Forbes
  4. Forbes
  5. Forbes
  6. Forbes

Provenance

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1009463ad812df3aac33449a3a8a9fa938dfda11cb9ce2cd0cfa8eb19bf1f9d5
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v1 · Minted 2026 · 07 · 17

Entered the record from public filings and credible reporting. sha256 e33c…3e4c

Anchored to Bitcoin 2026 · 07 · 18

The current version’s fingerprint is timestamped to the Bitcoin blockchain across 2 versions. Provable, permanent, independent of this site.

Last revised 2026-07-18 · Raised · Full history →

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