# Paresh Bafna

> Paresh Bafna is CEO and co-founder of Perennial Systems, the software engineering company founded in 2006 with Nilesh Bafna. He also leads COVORO, whose compliance and finance automation work builds on GSTHero, launched by Perennial in 2017. His public work focuses on enterprise software, e-invoicing, systems integration and the practical application of AI to financial operations.

- **Role:** CEO & Co-Founder at Perennial Systems; Co-Founder & CEO at COVORO UAE
- **Organizations:** Perennial Systems, COVORO, GSTHero, Citicorp Development Center
- **Education:** M.Sc. in Computer Science, University of Southern California, Bachelor’s degree in Computer Engineering, Savitribai Phule Pune University, Diploma in Computer Science, Cusrow Wadia Institute of Technology
- **Known for:** Co-founded Perennial Systems in 2006., Led GSTHero, the compliance product launched by Perennial in 2017., Named contact for Perennial Systems on GSTN’s empanelled GST Suvidha Providers list.

## Career timeline

- **2004-2006** — Studied computer science at the University of Southern California.
- **2005** — Worked as a software consultant at Citicorp Development Center, according to his public career listing.
- **2006** — Co-founded Perennial Systems with Nilesh Bafna and became CEO.
- **2011** — Perennial co-developed the Hurricane Weatherman social weather-prediction game with Weather Decision Technologies; Bafna lists the project for May-August 2011.
- **2017** — Perennial launched GSTHero; Bafna is identified as its chief executive.
- **2025** — Public career listings date his COVORO UAE co-founder and CEO role to January.
- **2025-12** — Discussed AI and tax automation at the Tax Technology Summit in Dubai.
- **2026** — Participated in GATE Summit Abu Dhabi and COVORO’s Beyond the Numbers finance discussions.

## Achievements

- Co-founded Perennial Systems in 2006.
- Led GSTHero, the compliance product launched by Perennial in 2017.
- Named contact for Perennial Systems on GSTN’s empanelled GST Suvidha Providers list.
- Leads COVORO UAE; COVORO reports serving more than 10,000 customers and processing more than 1.08 billion e-invoices globally.

## Latest updates

- **2026-10** — Quoted as CEO of COVORO UAE in an October 2026 article discussing enterprise e-invoicing infrastructure and provider selection.
- **2026-10** — COVORO announced him as a speaker at the Middle-East Taxation Summit in Dubai on 15 October 2026.
- **2026-08** — Featured on COVORO’s Beyond the Numbers panel about technology, finance leadership and competitive advantage in the GCC.

## Links

- Website: https://perennialsys.com/
- LinkedIn: https://www.linkedin.com/in/bafnaparesh/
- Twitter/X: https://twitter.com/bafnaparesh

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Profile page: https://yespress.io/paresh-bafna
Published by YesPress — https://yespress.io
Last updated: 2026-10-25