Business »  Topic »  Wipro Ventures raises $150 million fund, plans to invest in tech start-ups

Wipro Ventures raises $150 million fund, plans to invest in tech start-ups


In 2015, Wipro has floated $100 mn to invest in start-ups that are operating in cybersecurity, analytics, AI, etc

Wipro, which reported 1.8 per cent sequential rise in its revenues at $2.094 billion in third quarter, has 40 per cent of its revenues coming from digital technology space

Wipro Ventures, the strategic investment arm of Wipro, on Thursday said it had raised $150 million for its second fund as the IT services firm plans to invest more in start-ups providing software solutions in new technology areas.

In 2015, Wipro has floated its first fund worth $100 million as ...


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