Wipro Ventures, the venture arm of Wipro Limited, has committed $200 million to accelerate investments in early to mid-stage startups.
With this funding, Wipro Ventures aims to identify high-potential startups and integrate their solutions into enterprise environments.
Over the last decade, Wipro Ventures has backed 37 startups in various fields and facilitated startup-driven solutions for over 250 Wipro customers worldwide.
The investment aligns with Wipro's strategy of leveraging external innovation to enhance its technology offerings in the IT services sector.