Bhooth Bangla box office collection day 5: Akshay Kumar-Priyadarshan film recovers from Monday's drop, jumps on Tuesday, races towards Rs 120 crore
Proposal pretext turned fatal: Bengaluru woman arrested for allegedly burning boyfriend alive 
Why is Pakistan keep extending airspace closure for Indian planes?
Ranveer Singh’s ‘Dhurandhar’ BTS documentary to get theatrical release as feature film by late 2026
When AI Moves at Machine Speed, Healthcare Governance Cannot Afford to Walk 
SRH vs DC: Axar Patel enters elite Delhi Capitals list with milestone achievement in IPL 2026
Abhishek Sharma surpasses Rohit Sharma, equals Virat Kohli with stunning 100 against Delhi Capitals
SRH vs DC Highlights: Abhishek Sharma’s ton, Malinga’s 4-fer power Sunrisers Hyderabad to fourth straight win
IPL 2026: Abhishek Sharma just 59 runs away from big IPL feat in SRH vs DC match
SRH vs DC: Head-to-head record, predicted Playing XI, pitch report, and more of Match 31 in IPL 2026Bhooth Bangla box office collection day 5: Akshay Kumar-Priyadarshan film recovers from Monday's drop, jumps on Tuesday, races towards Rs 120 croreRanveer Singh’s ‘Dhurandhar’ BTS documentary to get theatrical release as feature film by late 2026
Yeh Prem Mol Liya: Sharvari rejoices working in Sooraj Barjatya's film, calls it 'biggest dream come true!'
Daadi Ki Shaadi: Ranbir Kapoor's sister, Riddhima Kapoor Sahni creates history in Kapoor family by breaking this milestone
From LizLaz to Anushka Sharma: Virat Kohli’s ex Izabelle Leite shuts down ‘taste in women’ memes
Women’s Day Special: BJP Spokesperson Shazia Ilmi On Women Empowerment, Politics & Power
Women's Day Special: India's Iron Lady Kiran Bedi's Powerful Message To Every Indian Woman
Women's Day Special: Padma Shri Geeta Chandran Reflects On Her Dance Journey & Cultural Legacy
Women's Day Special: Gita Ramesh The Woman Behind Kairali Ayurveda’s Wellness Legacy Gets Candid
Delhi News: Throats slit, Windpipes Cut; Man Allegedly Kills Pregnant Wife, 3 Daughters, Missing
As Tim Cook is set to step down as Apple CEO, a look at his net worth, career and legacy
After Lenskart's 'hijab allowed, not bindi, sindoor row' temple discovered at store sparks fresh controversy, details here
Petrol, Diesel prices today, April 21, 2026: Check rates in Delhi, Mumbai, Kolkata, Chennai and more
Who is John Ternus? Apple’s new CEO driving AI and hardware innovation
Gold, silver prices today, April 21, 2026: Check city-wise rates in Delhi, Mumbai, Chennai, Kolkata and more
World Earth Day 2026: From Alia Bhatt, Priyanka Chopra to Raveena Tandon; 5 Celebrities leading sustainability and zero-waste living
MI vs GT: Tilak Verma's maiden century to Jasprit Bumrah's first ball wicket; Here's look at 5 heroes of Mumbai Indian's comeback in IPL 2026
Deepika Padukone, Ranveer Singh to become parents again: 5 Bollywood actresses who challenged the norm, embraced motherhood at 40
Beware! You have to pay more for telecom recharge, Airtel raises cost, Jio and Vodafone Idea users likely to pay 15% more
Who is Tanvi Kolte? Bigg Boss Marathi 6 winner bags Rs 15 lakh, model-actress beats Raqesh Bapat, hails from middle class familyProposal pretext turned fatal: Bengaluru woman arrested for allegedly burning boyfriend alive 
Pappu Yadav’s remark on women in politics, their exploitation draw criticism from BJP, Bihar’s Women Commission; know what happened 
Major fire breaks out in packaging company in Gurugram; WATCH Video
One year of Pahalgam attack: From JeM audio to Army's stern warning, know key 5 updates
Why is Diet Coke missing? Out-of-stock shelves leave fans hunting for it across India
JKBOSE Class 10th Result 2026: Class 10th Result 2026 for summer zone OUT; Check steps to download scorecard 
CISCE Results 2026: ICSE and ISC scorecards expected soon, check result date and how to download
JEE Main Session 2 Toppers' List 2026: Aarush Singhal from Chandigarh tops; check full list of toppers, state-wise toppers' ist
Who is Manish Bansal? Among 40 UP IAS officers transferred, know love story with Noida DM wife, daughter of CEC 
JEE Main Session 2 Result 2026 DECLARED: Check direct link at jeemain.nta.nic.in to download scorecard; Know category-wise cut-off percentile
Tata Motors to hike passenger vehicle prices from April 1 amid rising costs: Check revised prices
Renault Duster SUV launched in India: Check expected price, feature, variants, all details here 
Who is Ramamurthy Thyagarajan? Social entrepreneur with Rs 87,000-crore empire, transferred Rs 6,210 crore to his employees
Zee Media Auto Summit 2025: Union Minister Nitin Gadkari makes BIG statement on 10-15 years car scrappage rule, says, 'We're rolling out flex-engine vehicles powered by...'
Elon Musk's Tesla set to open first India centre in Gurugram on...; check detailsProposal pretext turned fatal: Bengaluru woman arrested for allegedly burning boyfriend alive
Why is Pakistan keep extending airspace closure for Indian planes?
Ranveer Singh’s ‘Dhurandhar’ BTS documentary to get theatrical release as feature film by late 2026
When AI Moves at Machine Speed, Healthcare Governance Cannot Afford to Walk
Diplomatic setback for Pakistan as Iran cold-shoulders US talks in Islamabad
SRH vs DC: Axar Patel enters elite Delhi Capitals list with milestone achievement in IPL 2026
Abhishek Sharma surpasses Rohit Sharma, equals Virat Kohli with stunning 100 against Delhi Capitals
Major fire breaks out in packaging company in Gurugram; WATCH Video
BUSINESS
As Chairman and Managing Director of a leading software firm with global business, Anand Deshpande today commands a net worth of over Rs 10,600 crore ($1.3 billion).
){kind=small}
Updated : Apr 12, 2023, 12:59 PM IST
 "Meet Anand Deshpande, IIT alumnus who left US job, returned to India and built Rs 36,000 crore company")
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
Gone for Masters to the United States, Anand Deshpande had two options, stay back in a cushy job or return to India and build something of his own. So when time came to get a work visa or a green card, he decided to call it quits after just six months into his job at the leading technology company Hewlett Packard (HP).
He started his own software company, Persistent Systems, in Pune in 1990. He plunged all his savings into it and also borrowed money from friends and family to become an entrepreneur. What started out with an investment of Rs 2 lakh is today a company with a market cap of over Rs 36,000 crore. As Chairman and Managing Director of a leading software firm with global business, Deshpande today commands a net worth of over Rs 10,600 crore ($1.3 billion).
Son of an engineer, Anand was born in Maharashtra's Akola and brought up in a Bharat Heavy Electricals Limited (BHEL) township in Madhya Pradesh's Bhopal. After school, he cracked the NDA (National Defence Academy) entrance exam but decided to join the Indian Institute of Technology Kharagpur after cracking the IIT-JEE entrance exam. After IIT, he joined Indiana University in the US for further studies.
After 10 years of inception, Deshpande's company raised its first funding of $1 million from Intel Capital in 2000. The next funding came in 2005 as Norwest Venture Partners and Gabriel Venture Partners invested 20 million in Deshpande's firm. In 2010, he took the company public with a successful IPO.
Deshpande is a PhD holder in Computer Science from Indiana University. Deshpande is a philanthropist who started early in the art of giving. He founded the DeAsra Foundation with his family. Deshpande is a supporter of young entrepreneurs and helps many scale up their businesses and achieve their dreams.
