About PARX
PARX is a Business Services company based in Zurich (Switzerland) founded in 2002 by Beat Kaech, and was acquired by Persistent in July 2017. Digitizing services are provided by PARX in Zurich, Switzerland. The company has 24,594 employees. Its chief executive, as recorded, is Silvio Galfetti. Its Indian entity Persistent Systems Limited reported revenue of ₹14,595 Cr. PARX offers products and services including Salesforce Practice, Digital Business Strategy, and Managed Services. Its focus areas include Digital Transformation Services, Data Management and Digitization.
Company details
PARX was established in 2002 in Zurich, Switzerland, as a provider of digitizing services within the technology sector. Operations focus on converting analog materials into digital formats for clients across industries. Services include data capture, archiving, and processing solutions. The company is led by Co-Founder Beat Kaech and CEO Silvio Galfetti, with activities centered in Europe.
- Headquarters Zurich, Switzerland
- Employees 24,594
- Founders Beat Kaech
- Stage Acquired
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website parx.com
- Social LinkedIn X Facebook YouTube
- Acquired by Persistent (Jul 2017)
- Legal Name Persistent Systems Limited
- Date of Incorporation 30 May, 1990
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹14,595 Cr
FY 2026 · +24% YoY
- Indian entity net profit₹1,928 Cr
FY 2026 · 13% margin
- Indian entity EBITDA₹2,706 Cr
FY 2026 · 18% margin
- Investors
- Employee Count24,594
- Acquired byPersistent
(Jul 2017)
Associated legal entities of PARX
PARX operates through Persistent Systems Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Persistent Systems Limited Listed CIN L72300PN1990PLC056696 | Active | 30 May 1990 | Pune, Maharashtra | ₹14,595 Cr | 21,208 | 13 | View details |
Products & Services of PARX
PARX offers a comprehensive portfolio of products and services, including Salesforce Practice, Digital Business Strategy, and Managed Services.
Provides end-to-end Salesforce solutions for business challenges
Offers workshops and roadmaps for digital vision and use cases
Delivers ongoing support and campaign management post-implementation
Apps and channels of PARX
its YouTube channel Persistent Systems has 8.3K subscribers and 30 videos.
Videos from PARX
The most watched videos on PARX's YouTube channel, Persistent Systems (8.3K subscribers). Click a video to play it here.
More on Persistent Systems.
Investors in PARX
PARX has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Persistent.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IT consulting, data analytics, and digital transformation services are provided. | 1990 | persistent.com | Pune, India |
Investor details for PARX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Persistent Systems Limited (PARX)
Persistent Systems Limited is the primary company behind PARX. The board of Persistent Systems Limited currently have 10 directors; the longest-serving is Anand Suresh Deshpande, appointed in 1990. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Suresh Deshpande DIN 00005721 | Managing Director | 19 Oct 1990 | 36 yrs | Persistent Systems Limited |
| Sandeep Kumar Kalra DIN 02506494 | Whole-time director | 11 Jun 2019 | 7 yrs 4 mo | Persistent Systems Limited |
| Praveen Purushottam Kadle DIN 00016814 | Director | 23 Apr 2020 | 6 yrs 6 mo | Persistent Systems Limited |
| Avani Vishal Davda DIN 07504739 | Director | 28 Dec 2021 | 4 yrs 10 mo | Persistent Systems Limited |
| Arvind Hari Goel DIN 02300813 | Director | 07 Jun 2022 | 4 yrs 5 mo | Persistent Systems Limited |
| Ambuj Goyal DIN 09631525 | Director | 07 Jun 2022 | 4 yrs 5 mo | Persistent Systems Limited |
| Danl Lewin DIN 09631526 | Director | 10 Jun 2022 | 4 yrs 5 mo | Persistent Systems Limited |
| Ajit Keshav Ranade DIN 00918651 | Director | 06 Jun 2023 | 3 yrs 5 mo | Persistent Systems Limited |
| Anjali Joshi DIN 10661577 | Director | 12 Jun 2024 | 2 yrs 4 mo | Persistent Systems Limited |
| Vinit Ajit Teredesai DIN 03293917 | Whole-time director | 24 Apr 2025 | 1 yr 6 mo | Persistent Systems Limited |
People of PARX
2 people are tracked at PARX (2 in leadership); the tracked headcount is 24,594.
| Name | Role | Group |
|---|---|---|
Beat Kaech | Co-Founder | Leadership |
Silvio Galfetti | CEO | Leadership |
Complete people profiles for PARX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of PARX
Figures of Persistent Systems Limited, the primary company behind PARX, for FY 2026. Revenue was ₹14,595 Cr (+24% year on year). Net profit was ₹1,928 Cr (13% margin). EBITDA was ₹2,706 Cr (18% margin). Revenue has grown at a compounded annual rate of +21% over three years and +29% over five years.
- ₹14,595 CrRevenue · FY 2026 · +24% YoY
- ₹1,928 CrNet profit · 13% margin
- ₹2,706 CrEBITDA · 18% margin
- ₹78.88 CrPaid-up capital
- 21,208Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Persistent Systems Limited are on its company page.
Detailed financial statements for PARX
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of PARX
2 dated milestones of PARX across 15 years, from founding to its latest funding, stage changes and deals.
- Founded PARX is founded.
- Exit Acquired by Persistent.
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Related news about Parx
Complete news archive for PARX
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- Full article archive
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Frequently Asked Questions about PARX
PARX was founded in 2002.
PARX is headquartered in Zurich, Switzerland.
Silvio Galfetti is the CEO of PARX, as recorded in our data.
PARX has 24,594 employees.
The primary company behind PARX, Persistent Systems Limited, reported revenue of ₹14,595 Cr for FY 2026, up 24% year on year.
PARX was established in 2002 in Zurich, Switzerland, as a provider of digitizing services within the technology sector. Operations focus on converting analog materials into digital formats for clients across industries. Services include data capture, archiving, and processing solutions. The company is led by Co-Founder Beat Kaech and CEO Silvio Galfetti, with activities centered in Europe.
PARX offers Salesforce Practice, Digital Business Strategy, and Managed Services.
PARX has 1 investor. Key investors include Persistent.
PARX operates through Persistent Systems Limited.
Yes. PARX was acquired by Persistent in July 2017.
The legal entities of PARX currently have 11 directors, including Sandeep Kumar Kalra, Avani Vishal Davda, Amit Murari Atre and others.