Wipro Invests $200 Million in Venture Capital Arm to Fund Startups

Wipro Limited, a global technology services and consulting firm, has announced a $200 million commitment to its venture arm, Wipro Ventures. This marks the fourth round of funding since its inception in 2015 which is 10 years ago and aims to accelerate investments in early- to mid-stage startups.

The funding brings Wipro Ventures $500 million to invest in startups that support Wipro’s strategic priorities.

Strengthening the Startup Ecosystem

Wipro Ventures plays a pivotal role in fostering innovation by investing in high-potential startups working on cutting-edge technologies. The initiative connects Wipro and its clients to a global network of startups specialising in artificial intelligence, data analytics, cybersecurity, and cloud infrastructure. Over the past decade, Wipro Ventures has backed 37 startups, deployed solutions across 250+ customers, and facilitated 12 successful exits.

Jay Leek, Co-Founder & General Partner at SYN Ventures, highlighted, “We are delighted to have worked with Wipro Ventures as co-investors over the years. They are well-positioned to capitalise on emerging trends in the industry. We strongly believe that Wipro’s value-add will enable startups to maintain their competitive edge and enjoy long-term success.”

Expanding Global Reach and Investment Strategy

Beyond direct equity investments, Wipro Ventures has also invested in multiple enterprise-focused and cybersecurity-themed venture funds across India, the US, and Israel. This approach enables Wipro to stay at the forefront of technological advancements and provides startups with access to a vast global enterprise network.

Srini Pallia, CEO & MD of Wipro Limited, said, “Wipro Ventures is strategically positioned to participate in and contribute to technological innovation across startup hubs globally. This latest investment reaffirms our commitment to helping startups grow faster, innovate, and collaborate with the IT services industry to support large enterprises. We envision a collaborative ecosystem where these emerging technologies can be deployed globally, drive progress, and create sustainable value for all stakeholders involved.”

Wipro Share Performance

As of February 27, 2025, at 10:45 AM, the shares of Wipro are trading at ₹294.20 per share, reflecting a surge of 1% from the previous closing price. The stock has registered a fall of 4.5% over the past month. While over the year it has registered a surge of 10.94%.

Conclusion

Wipro Ventures continues to strengthen its role in the global startup ecosystem through strategic investments and collaborations. With its latest $200 million commitment, Wipro aims to drive innovation, expand its technological reach, and support emerging enterprises in delivering transformative solutions.

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