Wipro Limited, a technology services and consulting company, on Wednesday said it would be committing $200 million to its venture arm, Wipro Ventures, in its latest round of funding. This is the fourth round of funding raised by Wipro Ventures since its inception 10 years ago and is aimed at accelerating the company’s investments in early- to mid-stage startups, as …
IT major Wipro on Wednesday said it will invest USD 200 million in its arm Wipro Ventures to accelerate its funding for startups in the technology innovation space. This marks the fourth funding round for Wipro Ventures since it began operations ten years ago, and is aimed at speeding up investments in startups at the early to mid-stage level, a …
Wipro Ventures has deployed more than two-thirds of its corpus in 18 startups, according to media reports. The $100 million Wipro Ventures is the strategic investment arm of Wipro and focuses on investing in early-to-mid-stage startups. It has helped its parent Wipro win over 100 deals – 14 in the US, three in Israel and one in Pune-based data startup …
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