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Startups & Venture·July 2, 2026·1 min read

Indian IT company Persistent Systems offers to acquire its Germany-based peer Nagarro for $1.45B; Indian IT companies are ramping up M&A as AI reshapes growth

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Persistent’s $1.45 billion bid for Nagarro is part of a broader pattern—Indian IT is buying global footprint and domain depth to move up the AI value chain. If you rely on offshore SI partners, expect consolidation and start mapping which vendors will have the scale and talent to deliver AI-heavy programs.