Starfish Associates

Bridgewater, United States Founded: 2005 • Age: 21 yrs Acquired By Persistent
Communication management workflows are automated across multi-vendor platforms.

About Starfish Associates

Starfish Associates is a Technology company based in Bridgewater (United States) founded in 2005 by David Raanan and Robert Hankin, and was acquired by Persistent in July 2024. Communication management workflows are automated across multi-vendor platforms. The company has 24,594 employees. Its Indian entity Persistent Systems Limited reported revenue of β‚Ή14,595 Cr. Starfish Associates offers products and services including Unified Communication Solution, Contact Center Solution, and Contact Center as a Service. Its focus areas include Enterprise Applications, Digital Transaction Management, Workflow Automation and Business Process Management Software. Its competitors include Box, Pipefy and Zapier; 3 of its 3 listed competitors have raised funding.

Company details

Starfish Associates was founded in 2005 and is headquartered in Bridgewater, United States. Operations focus on the automation of communication management within the telecommunications sector. Multi-vendor platforms are supported for on-premise, cloud, and hybrid environments. Services provided include auto-provisioning, directory management, self-service options, communication monitoring, usage audits and optimization, number management, and computer telephony integration.

  • Headquarters Bridgewater, United States
  • Employees 24,594
  • Founders David Raanan, Robert Hankin
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website starfishassociates.com
  • Social LinkedIn X Facebook YouTube
  • Acquired by Persistent (Jul 2024)
  • Legal Name Persistent Systems Limited
  • Date of Incorporation 30 May, 1990
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹14,595 Cr

    FY 2026 · +24% YoY

  • Indian entity net profit
    ₹1,865 Cr

    FY 2026 · 12% margin

  • Indian entity EBITDA
    ₹2,887 Cr

    FY 2026 · 19% margin

  • Investors
  • Employee Count
    24,594
  • Acquired by
    Persistent

    (Jul 2024)

Products & Services of Starfish Associates

Starfish Associates offers a comprehensive portfolio of products and services, including Unified Communication Solution, Contact Center Solution, and Contact Center as a Service.

Unified Communication Solution
Communication Services

Facilitates provisioning and integration for enterprise communication platforms.

Contact Center Solution
Customer Support Services

Enables AI-driven contact center management and automation.

Contact Center as a Service
Cloud Services

Offers managed cloud-based contact center operations for businesses.

Apps and channels of Starfish Associates

its YouTube channel Persistent Systems has 8.3K subscribers and 30 videos.

Persistent Systems
YouTube 8.3K subscribers 30 videos Science & Technology
Open channel

Videos from Starfish Associates

The most watched videos on Starfish Associates's YouTube channel, Persistent Systems (8.3K subscribers). Click a video to play it here.

Q1FY26 - Earnings Conference Call - Persistent Systems Limited
1.6K views
Persistent Podcast | R Ray Wang, Principal Analyst, Founder, Constellation Research, Inc | Ep:1
1.2K views
Q4 FY24 Earnings - Persistent Systems | Analyst Call
642 views
Persistent Podcast| Harmonizing Innovation and Data Privacy in Healthcare| Ep 6
564 views

More on Persistent Systems.

Investors in Starfish Associates

Starfish Associates has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Persistent.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
IT consulting, data analytics, and digital transformation services are provided.
1990persistent.comPune, India
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Investor details for Starfish Associates

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Board of directors of Persistent Systems Limited (Starfish Associates)

Persistent Systems Limited is the primary company behind Starfish Associates. 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.

DirectorDesignationAppointedTenureEntity
Anand Suresh Deshpande
DIN 00005721
Managing Director19 Oct 199036 yrsPersistent Systems Limited
Sandeep Kumar Kalra
DIN 02506494
Whole-time director11 Jun 20197 yrs 5 moPersistent Systems Limited
Praveen Purushottam Kadle
DIN 00016814
Director23 Apr 20206 yrs 6 moPersistent Systems Limited
Avani Vishal Davda
DIN 07504739
Director28 Dec 20214 yrs 10 moPersistent Systems Limited
Arvind Hari Goel
DIN 02300813
Director07 Jun 20224 yrs 5 moPersistent Systems Limited
Ambuj Goyal
DIN 09631525
Director07 Jun 20224 yrs 5 moPersistent Systems Limited
Danl Lewin
DIN 09631526
Director10 Jun 20224 yrs 5 moPersistent Systems Limited
Ajit Keshav Ranade
DIN 00918651
Director06 Jun 20233 yrs 5 moPersistent Systems Limited
Anjali Joshi
DIN 10661577
Director12 Jun 20242 yrs 5 moPersistent Systems Limited
Vinit Ajit Teredesai
DIN 03293917
Whole-time director24 Apr 20251 yr 6 moPersistent Systems Limited

People of Starfish Associates

2 people are tracked at Starfish Associates (2 in leadership); the tracked headcount is 24,594.

NameRoleGroup
David Raanan
Co-Founder & PartnerLeadership
Robert Hankin
Co-Founder & PartnerLeadership
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Complete people profiles for Starfish Associates

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Financials of Starfish Associates

Figures of Persistent Systems Limited, the primary company behind Starfish Associates, for FY 2026. Revenue was ₹14,595 Cr (+24% year on year). Net profit was ₹1,865 Cr (12% margin). EBITDA was ₹2,887 Cr (19% margin). Revenue has grown at a compounded annual rate of +21% over three years and +28% over five years.

  • ₹14,595 CrRevenue · FY 2026 · +24% YoY
  • ₹1,865 CrNet profit · 12% margin
  • ₹2,887 CrEBITDA · 19% margin
  • ₹82.92 CrPaid-up capital
  • 21,208Employees (provident fund records)
  • +21%Revenue CAGR, 3 years
  • +28%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Persistent Systems Limited are on its company page.

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Detailed financial statements for Starfish Associates

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Timeline of Starfish Associates

2 dated milestones of Starfish Associates across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Starfish Associates is founded.
  2. Exit Acquired by Persistent.

Competitors of Starfish Associates

Starfish Associates has 3 listed competitors in our database, 3 of them funded. They include Box, Pipefy and Zapier.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
box.com2005Redwood, United States$692.63M
AI-based platform for secure collaboration and content management is utilized.
pipefy.com2015San Francisco, United States$148.74M
SaaS-based workflow and task management solution provider
zapier.com2011San Francisco, United States$2.68M
No-code automation and AI tools are provided for workflow integration.
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Detailed competitors of Starfish Associates

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Verified entity values are shown only after access is granted.

Top companies in Digital Identity & Transaction Management

3 companies that operate in the same segment as Starfish Associates (Digital Identity & Transaction Management) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered platform manages marketing creatives and customer journeys.
1982San Jose, California, United StatesUSD 23.77 B30,710
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B4,447
Cloud and AI-based electronic signatures and contract management are provided.
2003San Francisco, California, United StatesUSD 520 MUSD 3.22 B6,840
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Related news about Starfish Associates

PERSISTENT: RS. 62.19 CRORES NSE BLOCK TRADE; FOR ~ 102,088 SHARES, AT RS. 6091.50
Exchange Update β€’ 12 days ago
PERSISTENT: Rs. 18.65 Crores NSE Block Trade; for ~ 32,046 Shares, at Rs. 5820.00
Exchange Update β€’ 22 days ago
Persistent Systems: Aims For EBIT Margin Of 16%-17%, Plans To Finalize Nagarro Acquisition By Q4 2026.
Exchange Update β€’ 22 days ago
Persistent Systems: Special Committee Sets Floor Price For Equity Share Issue At ₹5,761; SEBI ICDR Regulations Compliance Confirmed.
Exchange Update β€’ 24 days ago
PERSISTENT: RS. 151.43 CRORES NSE BLOCK TRADE; FOR ~ 260,164 SHARES, AT RS. 5820.50
Exchange Update β€’ 26 days ago
Persistent: JPMorgan on Persistent Systems Maintains Overweight, Target Price ₹6,400; Q2 revenue grew 7.8% QoQ in constant currency on large-tech deal ramp-up and a BFS vendor-consolidation win, but EBIT margin fell 100bps QoQ to 15% due to higher amortisation; delayed deal closures and continuing costs prompt 40–60bps margin cuts and 2–4% adjusted EPS reductions.
Exchange Update β€’ 29 days ago
Persistent: CLSA on Persistent Systems Maintains High Conviction Outperform, Target Price ₹6,488; Q2 revenue beat consensus by 2%, but EBIT and adjusted PAT missed by 2%/12% due to higher interest expense and FX losses; cuts FY27–29 EPS forecasts by 6–9%, while retaining 16%/19%/22% revenue/EBIT/EPS CAGR forecasts and sees potential for market capitalisation to double over four years if the Nagarro integration and US$5bn FY31 revenue ambition succeed.
Exchange Update β€’ 29 days ago
Persistent: Nomura on Persistent Systems Maintains Neutral, Target Price ₹5,600; Q2 revenue was in line but margins missed significantly, with softer deal wins after an exceptional Q1 and large-deal execution likely to weigh on FY27 margins; Nagarro acquisition could close in the next 1–2 quarters, and FY27 EPS is cut 22% while FY28 EPS rises 3%.
Exchange Update β€’ 29 days ago
Persistent: Citi on Persistent Systems Maintains Sell, Target Price ₹4,570; Q2 constant-currency revenue grew 7.8% QoQ, slightly above estimates, but EBIT margin was 15% versus 16% expected; the large-tech deal added ~₹10bn of intangibles, while TTM ACV rose 22% YoY and headcount grew 13%, with slower client decisions prompting 1–2% FY27/28 EPS cuts.
Exchange Update β€’ 29 days ago
PERSISTENT: Q2 REVENUE 46.64B RUPEES VS 43B (QOQ)
Exchange Update β€’ 1 month ago
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Frequently Asked Questions about Starfish Associates

Starfish Associates was founded in 2005.

Starfish Associates is headquartered in Bridgewater, United States. It is registered at Bridgewater, New Jersey, United States.

Starfish Associates has 24,594 employees.

The primary company behind Starfish Associates, Persistent Systems Limited, reported revenue of β‚Ή14,595 Cr for FY 2026, up 24% year on year.

Starfish Associates was founded in 2005 and is headquartered in Bridgewater, United States. Operations focus on the automation of communication management within the telecommunications sector. Multi-vendor platforms are supported for on-premise, cloud, and hybrid environments. Services provided include auto-provisioning, directory management, self-service options, communication monitoring, usage audits and optimization, number management, and computer telephony integration.

Starfish Associates's top competitors include Box, Pipefy and Zapier.

Starfish Associates offers Unified Communication Solution, Contact Center Solution, and Contact Center as a Service.

Starfish Associates has 1 investor. Key investors include Persistent.

Starfish Associates operates through Persistent Systems Limited.

Yes. Starfish Associates was acquired by Persistent in July 2024.

The legal entities of Starfish Associates currently have 11 directors, including Sandeep Kumar Kalra, Avani Vishal Davda, Amit Murari Atre and others.

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