Wipro Commits $200 Million to Wipro Ventures for AI and Tech Startup Investments

Wipro Commits to $200 Million to Wipro Ventures for Startup Investments

The venture arm has facilitated the deployment of startup-driven solutions across more than 250 Wipro customers worldwide. Wipro Limited has committed $200 million to its venture arm, Wipro Ventures, to accelerate investments in early to mid-stage startups. This is the fourth round of funding since Wipro Ventures' launch in 2015, highlighting the company's decade-long focus on supporting emerging technologies. The latest investment is expected to strengthen Wipro Ventures' role in fostering innovation across global startup hubs. "Wipro Ventures is strategically positioned to participate in and contribute to technological innovation across startup hubs globally," said Srini Pallia, CEO & managing director of Wipro Limited. Wipro Ventures was established to identify and invest in startups developing disruptive technologies that align with Wipro's business and client needs. Over the past ten years, it has backed 37 startups in fields such as AI, data analytics, cybersecurity, and cloud infrastructure. The venture arm has also facilitated the deployment of startup-driven solutions across more than 250 Wipro customers worldwide and has seen 12 successful exits. In addition to direct investments, it has allocated funds to several early-stage, enterprise-focused, and cybersecurity-themed venture funds in India, the U.S., and Israel. The venture arm connects startups with Wipro's enterprise clients, providing them with access to a global customer base and enabling clients to leverage cutting-edge technologies. With the new funding, Wipro Ventures aims to further its efforts in identifying high-potential startups and integrating their solutions into enterprise environments. The investment aligns with Wipro's broader strategy of leveraging external innovation to enhance its technology offerings and maintain a competitive edge in the IT services sector. Wipro has been making big investments in the AI sector, with agentic AI as its focus. During the Q3 FY25 earnings call last month, Wipro chief Pallia stated that the company plans to actively explore agentic AI in various sectors, such as customer service and supply chain management, in the upcoming quarters.

Wipro Commits $200 Million in Fresh Investment to Wipro Ventures

The investment marks Wipro's decade-long commitment to investing in disruptive technologies through Wipro Ventures Wipro Limited, (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced that it will be committing $200 million to its venture arm, Wipro Ventures, in its latest round of funding. This is the fourth round of funding raised by Wipro Ventures since its inception 10 years ago and is aimed at accelerating the company's investments in early- to mid-stage startups. "Wipro Ventures is strategically positioned to participate in and contribute to technological innovation across startup hubs globally," said Srini Pallia, Chief Executive Officer & Managing Director, Wipro Limited. "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 Ventures was founded in 2015 to identify and invest in high-potential early-stage startups that are at the forefront of technological innovation and that allow Wipro to deliver differentiated value to clients. The Wipro Ventures team connects Wipro and its clients to a global ecosystem of startups working on disruptive technologies, enabling Wipro's clients to access latest innovations, while providing startups with access to a global network of enterprise customers. Jay Leek, Co-Founder & General Partner, SYN Ventures, said, "We are delighted to have worked with Wipro Ventures as co-investors over the years. They are well positioned to capitalize on emerging trends in the industry. We strongly believe that the value-add that Wipro brings will enable startups to maintain their competitive edge and enjoy long-term success." In its 10 years of operation, Wipro Ventures has invested in 37 startups in areas such as artificial intelligence, data & analytics, cybersecurity, and cloud infrastructure, deployed solutions across 250+ Wipro customers globally and had 12 successful exits. In addition to making direct equity investments, Wipro Ventures has also invested in several early-stage, enterprise-focused and cybersecurity-themed venture funds in India, the US, and Israel. About Wipro Limited Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our clients, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com. About Wipro Ventures Wipro Ventures is the strategic investment arm of Wipro Ltd. (NYSE: WIT) and focuses on investing in early-to mid-stage startups. The venture arm leverages Wipro's global reach and market knowledge to accelerate the growth of its portfolio companies. Wipro's broad customer base of Global 1000 clients provides a comprehensive understanding of customer needs and market trends, which in turn provides valuable guidance to portfolio companies. For more information, please visit https://www.wipro.com/ventures/.

Wipro Commits $200 Mn To Its Venture Arm To Deepen Its AI Portfolio

It also claims to have invested in several early-stage, enterprise-focused and cybersecurity-themed venture funds in India, the US and Israel Tech major Wipro has committed $200 Mn to its venture arm, Wipro Ventures, to accelerate investments in early to mid-stage startups. In an exchange filing on February 26, the company said that this would be the fourth round of funding for its venture arm since its inception in 2015. Founded in 2015, Wipro Ventures identifies and backs "high-potential early-stage startups" that can help the company deliver differentiated value to its clients. Wipro said that its venture arm has backed 37 startups operating in sectors like artificial intelligence, data and analytics, cybersecurity and cloud infrastructure to date. Besides, it claims to have invested in several early-stage, enterprise-focused and cybersecurity-themed venture funds in India, the US and Israel. Its portfolio includes names like Tuskira, Tradeshift, Vectra, NetSpring, Kibsi, among others. The VC arm last backed D2C startup Let's Try through its arm, Wipro Consumer Care - Ventures, in July. "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 CEO and managing director Srini Pallia said. The company's bid to expand its AI investment portfolio comes at a time when it is aggressively positioning itself as an AI-driven IT service provider. It is also actively increasing its in-house AI investments, and recently announced that it is training 50,000 employees in AI certifications. The development comes at a time when the funding trends in the Indian startup ecosystem is in a state of continuous flux. After raising $12 Bn in 2024, startup funding has remained muted in 2025 so far. After seeing a total investment of over $1.2 Bn in the month of January, startup funding in the first three weeks of February stood at about $550 Mn.