Wipro is a technology services and consulting company focused on building solutions that address clients’ digital transformation needs.
Wipro is a global information technology, consulting, and outsourcing company with a 160,000+ workforce serving clients in 175+ cities across 6 continents. The company posted revenues of $7.6 billion for the financial year ended Mar 31, 2015. Wipro helps customers do business better by leveraging Wipro industry-wide experience, deep technology expertise, comprehensive portfolio of services and vertically aligned business model. Wipro's 55+ dedicated emerging technologies ‘Centers of Excellence’ enable them to harness the latest technology for delivering business capability to our clients. Wipro is globally recognized for its innovative approach towards delivering business value and its commitment to sustainability. Wipro champions optimized utilization of natural resources, capital and talent. Today Wipro is a trusted partner of choice for global businesses looking to ‘differentiate at the front’ and ‘standardize at the core’ through technology interventions. In today’s world, organizations will have to rapidly reengineer themselves and be more responsive to changing customer needs. Wipro is well positioned to be a partner and co-innovator to businesses in their transformation journey, identify new growth opportunities and facilitate their foray into new sectors and markets. Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is is an Indian multinational provider of Information Technology services, Consulting and Business Process Outsourcing. It is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization and has a worldwide presence with global centers across 54 countries. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 22, 2022 | Post-IPO Secondary | ₹2.58B | 1 | Societe Generale | — | Detail |
Mar 1, 2018 | Post-IPO Equity | €0.90B | 1 | Elliott Management | — | Detail |
Sep 1, 2007 | Post-IPO Equity | — | 1 | MAPE Advisory Group | — | Detail |
Oct 1, 2006 | Post-IPO Equity | — | 1 | MAPE Advisory Group | — | Detail |
Sep 29, 2000 | IPO | — | — | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Nov 8, 2022
VMware - Business Unit
|
Corporate Round | — | Yes | |
Mar 1, 2018
Denim Group
|
Corporate Round | — | Information Technology | — |
Jan 24, 2018
Harte Hanks
|
Post-IPO Equity | $9.90M | Advertising | Yes |
Dec 23, 2017
Imanis Data
|
Corporate Round | $2.05M | Analytics | Yes |
Apr 13, 2016
Emailage
|
Series A | $5.67M | Air Transportation | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Societe Generale | Yes | Post-IPO Secondary |
Elliott Management | Yes | Post-IPO Equity |
MAPE Advisory Group | Yes | Post-IPO Equity |
Wipro Technologies has had 5 exits. Wipro Technologies most notable exits include Denim Group , Harte Hanks
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Jun 1, 2021 | Denim Group | M&A | Information Technology | Detail |
Jul 13, 2020 | Harte Hanks | IPO | Advertising | Detail |
Feb 3, 2020 | Emailage | M&A | Air Transportation | Detail |
May 8, 2019 | Imanis Data | M&A | Analytics | Detail |
Jul 24, 2014 | Axeda | M&A | Enterprise Software | Detail |
Wipro Technologies has acquired 37 organizations. Their most recent acquisition was NewLogic Technologies AG on Dec 19, 2005. They acquired NewLogic Technologies AG for €47M.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Dec 19, 2005
NewLogic Technologies AG
|
Semiconductor | acquisition | € 47M | Detail |
Dec 22, 2005
MPACT Technology Services
|
Information Services | acquisition | — | Detail |
Dec 22, 2005
mPower Software Services
|
Business Information Systems | acquisition | — | Detail |
Feb 21, 2006
cMango
|
Consulting | acquisition | $ 20M | Detail |
May 15, 2006
Quantech Global Services
|
Consulting | acquisition | $ 10M | Detail |