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Corporation
COMPUTER HARDWARE & SERVICES | IT Services / IT Solutions & Software Development
wipro.com

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Investments

12

Portfolio Exits

5

Funds

3

Partners & Customers

10

Service Providers

1

About Wipro

Wipro (NYSE:WIT) (BSE: 507685) (NSE: WIPRO) is an information technology, consulting, and business process services company that combines digital strategy, customer-centric design, advanced analytics, and product engineering to deliver solutions and help clients create successful and adaptive businesses. The Group's services encompass a number of areas, including software architecture, business intelligence systems, e-commerce, data warehousing, Internet access devices, network management, system administration, messaging systems, IT consulting, and design. Wipro also has a presence in niche markets of consumer products.

Headquarters Location

Doddakannelli, Sarjapur Road

Bengaluru, 560 035,

India

+91 (80) 28440011

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Expert Collections containing Wipro

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Wipro in 3 Expert Collections, including Conference Exhibitors.

C

Conference Exhibitors

6,062 items

Companies that will be exhibiting at CES 2018

S

Store management tech (In-store retail tech)

301 items

M

Market Research & Consumer Insights

676 items

This collection is comprised of companies technology to better identify emerging trends and improve product development. It also includes companies helping brands and retailers conduct market research to learn about target shoppers, like their preferences, habits, and behaviors.

Wipro Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Wipro Rank

Latest Wipro News

Sensex, Nifty Scale Record Highs For Second Straight Session Led By Reliance, Axis Bank

Nov 25, 2022

In a choppy and range-bound trade, the 30-share BSE Sensex rose by 20.96 points or 0.03 per cent to settle at 62,293.64, its fresh record closing high. Sensex ,Nifty Scale Record Highs For Second Straight Session Updated: 25 Nov 2022 6:12 pm Benchmark Sensex and Nifty advanced further to settle at record highs for the second day in a row on Friday, helped by intense buying in index majors Reliance Industries, Wipro and Maruti. In a choppy and range-bound trade, the 30-share BSE Sensex rose by 20.96 points or 0.03 per cent to settle at 62,293.64, its fresh record closing high. During the day, it jumped 175.05 points or 0.28 per cent to 62,447.73 -- its lifetime intra-day peak. Likewise, broader NSE Nifty went up by 28.65 points or 0.15 per cent to end at 18,512.75, its all-time high. The key indices had gained over 1 per cent on Thursday to end at record high levels. The indices have extended the winning run for the fourth day with the Sensex rising by 1,140 points or close to 2 per cent and Nifty gaining 352 points or 2.29 per cent. Reliance Industries emerged as the biggest gainer among the Sensex firms, rising 1.34 per cent, followed by Wipro, Tech Mahindra, Axis Bank, IndusInd Bank, Maruti, Tata Steel and Mahindra & Mahindra were among the major winners. On the other hand, Nestle, Kotak Mahindra Bank, ICICI Bank and HCL Technologies were the major laggards. "Markets ended flat in a sluggish trading session, as investors stayed on the sidelines due to lack of cues from the US markets, which was shut on Thursday. While most of the Asian gauges ended in the red, local benchmarks managed to eke out modest gains amid thin volumes," said Amol Athawale, Deputy Vice President - Technical Research, Kotak Securities Ltd.       "Benchmark indices ended on a positive note amid volatility. Overall domestic markets are continuously showing strength amid global macro concerns and we believe that Indian markets would continuously outperform global indices backed by strong corporate earnings and healthy demand," said Mohit Nigam, Fund Manager & Head - PMS, Hem Securities. In the broader market, the BSE midcap gauge climbed 0.77 per cent and smallcap index jumped 0.69 per cent. Among sectoral indices, realty jumped 1.08 per cent, energy (0.84 per cent), oil & gas (0.69 per cent), consumer discretionary (0.67 per cent) and metal (0.58 per cent). Elsewhere in Asia, markets in Seoul, Tokyo and Hong Kong ended lower, while Shanghai settled in the green. Equity exchanges in Europe were trading mostly lower in the afternoon trade. Wall Street was closed for a holiday on Thursday. Foreign institutional investors (FIIs) turned net buyers as they bought shares worth Rs 1,231.98 crore on Thursday, as per exchange data.

Wipro Investments

12 Investments

Wipro has made 12 investments. Their latest investment was in Squadcast as part of their Seed VC - II on June 6, 2021.

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Wipro Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/21/2021

Seed VC - II

Squadcast

$6M

No

4

6/3/2021

Corporate Minority

Squadcast

$1.2M

Yes

6

4/29/2021

Series F

Vectra Networks

$130M

Yes

36

3/1/2018

Corporate Minority

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$99M

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10

2/21/2018

Corporate Minority - P2P

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$99M

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10

Date

6/21/2021

6/3/2021

4/29/2021

3/1/2018

2/21/2018

Round

Seed VC - II

Corporate Minority

Series F

Corporate Minority

Corporate Minority - P2P

Company

Squadcast

Squadcast

Vectra Networks

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Amount

$6M

$1.2M

$130M

$99M

$99M

New?

No

Yes

Yes

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Co-Investors

Sources

4

6

36

10

10

Wipro Portfolio Exits

5 Portfolio Exits

Wipro has 5 portfolio exits. Their latest portfolio exit was Denim Group on June 01, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/1/2021

Acquired

$99M

4

2/27/2019

Divestiture

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$99M

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10

3/14/2018

Divestiture

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$99M

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10

11/30/2016

Divestiture

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$99M

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10

8/12/2014

Acquired

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$99M

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10

Date

6/1/2021

2/27/2019

3/14/2018

11/30/2016

8/12/2014

Exit

Acquired

Divestiture

Divestiture

Divestiture

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

4

10

10

10

10

Wipro Acquisitions

31 Acquisitions

Wipro acquired 31 companies. Their latest acquisition was Hochrainer on July 11, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/11/2022

$99M

Acquired

1

4/26/2022

Debt

$99M

$29.5M

Acquired

9

4/11/2022

$99M

Acquired

9

12/20/2021

Private Equity

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$99M

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10

12/15/2021

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$99M

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10

Date

7/11/2022

4/26/2022

4/11/2022

12/20/2021

12/15/2021

Investment Stage

Debt

Private Equity

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$29.5M

Note

Acquired

Acquired

Acquired

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Sources

1

9

9

10

10

Wipro Fund History

3 Fund Histories

Wipro has 3 funds, including Wipro Ventures II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/16/2020

Wipro Ventures II

Early-Stage Venture Capital

Closed

$150M

1

9/30/2014

Wipro Ventures

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$99M

10

6/30/2008

PremjiInvest

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$99M

10

Closing Date

1/16/2020

9/30/2014

6/30/2008

Fund

Wipro Ventures II

Wipro Ventures

PremjiInvest

Fund Type

Early-Stage Venture Capital

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Status

Closed

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Amount

$150M

$99M

$99M

Sources

1

10

10

Wipro Partners & Customers

10 Partners and customers

Wipro has 10 strategic partners and customers. Wipro recently partnered with Moveworks on November 11, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

11/17/2022

Partner

United States

Moveworks and Wipro Partner to Deliver Scalable, Best-in-Class IT Support with AI

MOUNTAIN VIEW , Calif. -- -- Moveworks , the leader in conversational AI for the enterprise , today announced its partnership with Wipro Limited , a leading technology services and consulting company .

2

11/15/2022

Partner

United States

Wipro announces new retail solutions built on the Microsoft Cloud, launches Retail Innovation Experience

This physical , virtual , and hybrid Experience will deepen collaboration between Wipro and Microsoft to accelerate delivery of new solutions that will enable retailers to grow their business and build stronger customer relationships .

4

11/8/2022

Partner

United States

Wipro invests in new dedicated VMware Business Unit

The Wipro Limited and VMware , Inc. collaboration will be truly global , covering the Americas , Europe , Middle East , Africa , and Asia Pacific , and will involve multi-million-dollar investments across sales , alliances , and delivery resources in each of these regions .

6

10/27/2022

Partner

United States

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10

10/13/2022

Client

United States

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10

Date

11/17/2022

11/15/2022

11/8/2022

10/27/2022

10/13/2022

Type

Partner

Partner

Partner

Partner

Client

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

Moveworks and Wipro Partner to Deliver Scalable, Best-in-Class IT Support with AI

MOUNTAIN VIEW , Calif. -- -- Moveworks , the leader in conversational AI for the enterprise , today announced its partnership with Wipro Limited , a leading technology services and consulting company .

Wipro announces new retail solutions built on the Microsoft Cloud, launches Retail Innovation Experience

This physical , virtual , and hybrid Experience will deepen collaboration between Wipro and Microsoft to accelerate delivery of new solutions that will enable retailers to grow their business and build stronger customer relationships .

Wipro invests in new dedicated VMware Business Unit

The Wipro Limited and VMware , Inc. collaboration will be truly global , covering the Americas , Europe , Middle East , Africa , and Asia Pacific , and will involve multi-million-dollar investments across sales , alliances , and delivery resources in each of these regions .

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Sources

2

4

6

10

10

Wipro Service Providers

1 Service Provider

Wipro has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Counsel

General Counsel

Service Provider

Associated Rounds

Acquired

Provider Type

Counsel

Service Type

General Counsel

Partnership data by VentureSource

Wipro Team

54 Team Members

Wipro has 54 team members, including , .

Name

Work History

Title

Status

Azim H. Premji

Founder

Current

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Name

Azim H. Premji

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Work History

Title

Founder

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Status

Current

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