👥 HR & Workplace🇮🇳 India
Persistent Systems Bets $1.3 Billion on Nagarro to Become India's 7th Largest IT Exporter
mint - companies·Sunday, 28 June 2026
Persistent Systems has proposed a $1.3 billion acquisition of Nagarro, which would double its European business and add SAP and OpenAI capabilities. The deal would push Persistent to become India's seventh-largest IT exporter. The company is targeting $5 billion in annual revenue by 2031.
Why It Matters
This is one of the biggest deals in Indian IT history and could reshape the competitive landscape for Indian tech companies competing globally.
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