Tag: Nagarro acquisition
STARTUP/TECHNOLOGY Persistent Systems Q1 PAT Up 13.7% To ₹483 Cr; Revenue Jumps 29%

Persistent Systems Ltd reported a 13.7% year-on-year (YoY) increase in consolidated profit after tax (PAT) to ₹483 crore for the first quarter ended June 30, 2026, driven by robust revenue growth and strong deal wins. The AI-led digital engineering company posted 29% YoY growth in revenue, with consolidated revenue rising to ₹4,303 crore during the […]

CW Bureau · Aug 2, 2026
STARTUP/TECHNOLOGY Persistent To Acquire Nagarro In €81-Per-Share Deal, Create $2.9 Bn Group

Persistent Systems has signed a business combination agreement with Nagarro, a global AI transformation and engineering leader based out of Germany, marking one of the biggest cross-border acquisitions by an Indian IT services company. As part of the transaction, Persistent will launch a voluntary public takeover offer to acquire all outstanding shares of Nagarro at […]

CW Bureau · Jun 27, 2026