Persistent Raises Rs 7,600 Crore to Complete Nagarro SE Deal Funding
Persistent Systems raised Rs 7,600 crore through non-convertible debentures to finance its acquisition of Germany's Nagarro SE.
Mumbai: Information technology company Persistent Systems has raised a total of ₹7,600 crore through the issuance of non-convertible debentures (NCDs) of various tenures in the last leg of financing for its acquisition of Germany's Nagarro SE.The company raised ₹1,500 crore each in the two year…