Persistent Systems is a business based in Pune

Pune

Pune , is the eighth largest metropolis in India, the second largest in the state of Maharashtra after Mumbai, and the largest city in the Western Ghats. Once the centre of power of the Maratha Empire, it is situated 560 metres above sea level on the Deccan plateau at the confluence of the Mula ...

, India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

, that sells outsourced

Outsourcing

Outsourcing is the process of contracting a business function to someone else.-Overview:The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider...

 software development

Software development

Software development is the development of a software product...

. It was established in 1990. Persistent has over 6,800 employees and 300 customers spread across North America, Europe, and Asia.
Persistent Systems was founded in 1990.

In 2008 the company won a NASSCOM

NASSCOM

The National Association of Software and Services Companies of IT software and services related activities for use of both the software developers as well as interested companies overseas....

 award for innovation. An award for corporate governance from the Institute of Company Secretaries of India

Institute of Company Secretaries of India

The Institute of Company Secretaries of India is statutory professional body constituted under the Company Secretaries Act, 1980 passed by the Parliament of India. ICSI is the only recognized professional body to develop and regulate the profession of Company Secretaries in India...

 was won in December 2010.

Shares in the company were listed on the National Stock Exchange of India

National Stock Exchange of India

The National Stock Exchange is a stock exchange located at Mumbai, Maharashtra, India. It is the 9th largest stock exchange in the world by market capitalization and largest in India by daily turnover and number of trades, for both equities and derivative trading. NSE has a market capitalization...

 in March 2010.