Investment26 Feb 2025, 09:10 pm
Wipro Commits $200 Million in Fresh Investment to Wipro Ventures
AI Summary
Wipro Limited, a leading technology services and consulting company, has announced a $200 million commitment to its venture arm, Wipro Ventures, in its latest round of funding. This investment, the fourth since its inception 10 years ago, aims to accelerate the company’s investments in early- to mid-stage startups. Wipro Ventures has a track record of investing in high-potential startups, deploying solutions globally, and enabling Wipro’s clients to access latest innovations.
Key Highlights
- Wipro commits $200 million to Wipro Ventures for investing in early- to mid-stage startups.
- Wipro Ventures has a decade-long commitment to investing in disruptive technologies.
- Wipro Ventures has invested in 37 startups and had 12 successful exits in its 10 years of operation.
- Wipro Ventures has deployed solutions across 250+ Wipro customers globally.
- Wipro Ventures has also invested in several early-stage, enterprise-focused and cybersecurity-themed venture funds in India, the US, and Israel.