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The Economic Times

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Persistent raises Rs 7,600 crore to wrap up funding for Nagarro SE deal

Persistent Systems has made waves in the financial market by securing 7,600 crore through non-convertible debentures aimed at funding its acquisition of Nagarro SE. This bold move saw bonds varying from two to three years issued, with demand soaring above 15,000 crore, attracting top investors. Additionally, the company successfully raised 600 crore with a one-year commercial paper at an impressive 8.75%.

5 Nov 2026 6:15 am