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Persistent's Pingala-Aryabhata campus in Pune. Persistent Systems was founded in 1990 by Anand Deshpande, a former Hewlett-Packard employee, with an investment of $21,000. In 2000, Intel Capital invested $1 million in the company for a 3.5% stake. [4]
In 2010, the company received Series A funding. [4] In 2011, the company added smartphone support for its Insync app [8] and received Series B funding. [9] The next year, the company moved its headquarters to Silicon Valley, and again shifted focus to cloud-based data management and protection. [5] By 2013, the company had grown to 194 employees.
The company continues to have its headquarters in Pune in Western India. By 2012, Zensar had approximately 11000 employees servicing 400 clients in over 20 global locations [ 8 ] and at the end of the 2019 financial year earned revenues of over US$550 million.
In March 2018, Brillio acquired Comity Designs, a cloud and mobile service provider and Salesforce.com consulting partner founded by Dushyant Pandya in 2008. [13] In January 2019, private equity firm Bain Capital acquired a majority stake in the company. [14] [15] In August 2018, it announced it was in the Amazon Web Services (AWS) partner ...
eClerx was founded in year 2000 [4] for providing services relating to business process management, automation and analytics to companies engaged in providing financial services, retail, communications, media & entertainment, fashion, manufacturing, travel & leisure and technology companies.
The company was ranked #5 in India's IT firms and overall No. 47 on Fortune India 500 list for 2019. [31] In March 2021, Tech Mahindra partnered with US-based business intelligence analytics company ThoughtSpot. [32]
In 2015, the company developed the education loan portal Vidyalakshmi, which listed 34 banks and 86 loan schemes by 2018. [22] The company also diversified into e-sign service [23] and was shortlisted as the GSP (GST Suvidha Provider) by GSTN (GST Network) in 2017. [24] In 2018, IDBI Bank sold its entire 30% stake to IIFL Wealth Management. [25]
Infosys Limited is an Indian multinational technology company that offers business consulting, information technology, and outsourcing services. Founded in 1981, the company is headquartered in Bengaluru. [5] On 24 August 2021, Infosys became the fourth Indian company to achieve a market capitalization of US$100 billion.