Maharashtra of Tomorrow

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

On the map →
Record002of 004 on the record

Anchored to Bitcoin · 2026-07-18

2
Versions on record
2026
On record since
Bitcoin
Timestamped
9
Cited sources
Maharashtra of Tomorrow
Software
Anand Deshpande
Persistent Systems
He founded Persistent Systems, a Pune software company, in 1990 with $21,000, listed it in 2010, and remains its Chairman and Managing Director.
Tap to flipClick to flip
Maharashtra of TomorrowNo. 002
Persistent Systems
Founded1990 · Pune
RaisedBootstrapped
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. 002Fact-checked July 17, 2026 · anchored
Record v2 · 9 sources on record · Last recorded July 18, 2026 · Report an error →
Share: LinkedIn WhatsApp X

The record

Every field is drawn from the public record and checked against its source before it enters. Nothing here is self-reported.

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
  7. Persistent Systems press release, primary source (via archive.org; direct fetch is bot-gated)
  8. Persistent Systems press release, primary source (via archive.org; direct fetch is bot-gated)
  9. Persistent Systems press release, primary source (via archive.org; direct fetch is bot-gated)

Provenance

This record has been revised 1 time. Every version is fingerprinted and timestamped to the Bitcoin blockchain, so what it said, and when it said it, can be proved by anyone without trusting this publication.

Current fingerprint · SHA-256
1009463ad812df3aac33449a3a8a9fa938dfda11cb9ce2cd0cfa8eb19bf1f9d5
Verify this proof independently
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 July 18, 2026 · Raised · Full history →

Record updates

September 3, 2026

Registry: PERSISTENT SYSTEMS LIMITED (LEI 3358006QYD77Z66S1J89)

Follow the record

When the record moves, you know first.

The record moves daily. One story chronicled each Tuesday.

4 anchored to Bitcoin7dc5d33518 Jul 2026