Government Pension Fund Global (Norway) entered Persistent Systems with a new 1.22% stake, acquiring 19,23,063 shares.
A software engineering and strategy services provider that helps companies implement and modernize their business operations across industries. Persistent Systems develops proprietary software frameworks with pre-built integration and acceleration capabilities to streamline digital transformation. The company maintains strategic partnerships with leading cloud and enterprise solution providers including Salesforce and AWS, delivering comprehensive end-to-end technology solutions.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.
