Wipro Limited has announced a fresh commitment of $200 million towards its venture arm, Wipro Ventures, as part of its continued investment in emerging technologies. This marks the fourth round of funding since the venture arm’s inception in 2015, reinforcing Wipro’s strategy to support early- and mid-stage startups focused on artificial intelligence, cybersecurity, cloud infrastructure, and data analytics.
Strategic investment to accelerate innovation
Wipro Ventures has played a key role in identifying high-potential startups that align with the company’s long-term vision. The new investment aims to strengthen collaboration between startups and enterprises, enabling innovative solutions to scale globally.
“Wipro Ventures is positioned to contribute to technological innovation across startup hubs worldwide,” said Srini Pallia, CEO & MD, Wipro Limited. “This investment underscores our commitment to fostering a thriving ecosystem where startups can innovate, collaborate, and drive industry-wide transformation.”
Wipro Ventures’ impact so far
Over the past decade, Wipro Ventures has:
- Invested in 37 startups across multiple technology sectors.
- Successfully deployed solutions across 250+ global enterprises.
- Recorded 12 successful exits through strategic acquisitions or public listings.
- Funded enterprise-focused and cybersecurity-themed venture funds in India, the US, and Israel.
Strengthening Wipro’s global reach
The venture arm connects startups with Wipro’s network of Global 1000 clients, offering them access to a vast market while allowing Wipro to integrate cutting-edge technologies into its services.
Jay Leek, Co-Founder & General Partner at SYN Ventures, praised Wipro’s strategic approach, stating, “Wipro Ventures’ expertise in identifying and nurturing disruptive technologies gives startups a strong competitive edge. Their ability to support and scale emerging companies has made a significant impact.”
A decade of investing in the future
Since its founding in 2015, Wipro Ventures has been a crucial part of the company’s strategy to stay ahead in an evolving tech landscape. The latest $200 million funding will further enhance its efforts to bring next-gen technology solutions to enterprises, driving digital transformation on a global scale.
