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Wipro’s arm sets up venture fund to invest in consumer brands space

19 Sep 2019 Evaluate

Wipro Consumer Care and Lighting (WCCL), the consumer care business of Wipro, has set up a venture fund to invest in start-ups in the consumer brands space with India and South East Asia being focus markets. The 'Wipro Consumer Care - Ventures' will focus on companies with a differentiated approach where both parties can learn by leveraging their strengths and add value to each other.

Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.

Peers
Company Name CMP
TCS 2191.50
Infosys 1060.65
HCL Technologies 1251.15
Wipro 166.70
Tech Mahindra 1555.15
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