Deals6 April 2026 at 02:01 am
Wipro Wins One of its Largest Strategic Transformation Engagements from Olam Group
AI Summary
Wipro Limited has secured a multi-year strategic transformation deal with Olam Group, a leading US$ 50+ Billion food and agri-business. The 8-year engagement is expected to exceed US$ 1 Billion in contract value, with a committed spend of US$ 800 Million. As part of the engagement, Wipro will deliver end-to-end transformation services to Olam Group through a consulting-led and AI-powered approach. The acquisition of Olam's IT and digital services business, Mindsprint, will strengthen Olam Group’s core operations and support the creation of a sustainable competitive advantage.
Key Highlights
- Wipro secures a multi-year strategic transformation deal with Olam Group expected to exceed US$ 1 Billion in contract value
- Wipro to acquire Olam Group’s IT and digital services business, Mindsprint, for US$ 800 Million committed spend
- The engagement aims to strengthen Olam Group’s core operations and support the creation of a sustainable competitive advantage
- Mindsprint brings deep domain expertise in the food and agri-business sector and strong capabilities in supply chain transformation
- The acquisition is expected to close at quarter ending Q1 FY27 (end of June 2026)
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