Startup Booster: Wipro Commits USD 200 Million to VC Arm Wipro Ventures in Latest Round of Funding

Bengaluru, February 26: IT major Wipro on Wednesday announced to commit $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 company슬롯사이트™s investments in early- to mid-stage startups.

슬롯사이트œWipro Ventures is strategically positioned to participate in and contribute to technological innovation across startup hubs globally,슬롯사이트� said Srini Pallia, Chief Executive Officer and Managing Director, Wipro Limited. 슬롯사이트œWe envision a collaborative ecosystem where these emerging technologies can be deployed globally, drive progress, and create sustainable value for all stakeholders involved,슬롯사이트� he added.슬롯 머신 사이트 추천Infosys Launches Open-Source 슬롯사이트˜Responsible AI슬롯사이트� Toolkit To Address Risks and Ethical Concerns.

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 Wipro슬롯사이트™s clients to access latest innovations, while providing startups with access to a global network of enterprise customers.

In its 10 years of operation, Wipro Ventures has invested in 37 startups in areas such as artificial intelligence, data and 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.슬롯 머신 사이트 추천Infosys Salary Hike 2025: IT Firm Sends Increment Letters to Employees Offering Raise Between 5슬롯사이트�8%, Top Performers Get 20% Increase in Pay.

According to Jay Leek, Co-founder and General Partner, SYN Ventures, said, 슬롯사이트œWe are delighted to have worked with Wipro Ventures as co-investors over the years슬롯사이트�. 슬롯사이트œThey 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,슬롯사이트� Leek added.

(The above story first appeared on LatestLY on Feb 26, 2025 05:23 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).