India-based IT services provider Wipro continues to strengthen its commitment to innovation and technological advancement through its investment arm, Wipro Ventures.
With a fresh $200 million allocation in its funding round, Wipro Ventures is focused on accelerating investments in early- to mid-stage startups globally.
Since its inception in 2015, Wipro Ventures has played a crucial role in identifying and investing in high-potential startups working on disruptive technologies, helping them scale while delivering differentiated value to Wipro’s enterprise clients.
This initiative aligns with Wipro’s strategic vision of fostering a collaborative ecosystem where emerging technologies can drive progress and create sustainable value.
Over the past decade, Wipro Ventures has invested in 37 startups across key domains such as artificial intelligence, data and analytics, cybersecurity, and cloud infrastructure. These investments have resulted in the deployment of solutions across more than 250 Wipro customers worldwide and led to 12 successful exits.
Beyond direct equity investments, Wipro Ventures has also invested in several enterprise-focused and cybersecurity-themed venture funds in India, the US, and Israel.
InfotechLead.com News Desk
