Wipro Ltd.

BSE: 507685 | NSE: WIPRO
Large Cap | IT - Software
178.40
3.05 (1.74%)
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Wipro’s arm sets up $150 million Fund II to invest in emerging digital enterprise software leaders

Date: 17-01-2020

Wipro’s strategic investment arm -- Wipro Ventures is closing its $150 million Fund II. Buoyed by the success of its first $100 million fund launched in 2015, Wipro Ventures will continue to invest in early to mid-stage companies building innovative enterprise software solutions across key areas, including cybersecurity, application development, analytics, cloud infrastructure, test automation, and AI.

In addition to making direct equity investments, Wipro Ventures has also invested in five early stage enterprise focused venture funds in Israel, New York and Los Angeles.

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.