Total amount raised
$1.7 Billions
Latest funding date
11/01/2024
Location
Wipro has established itself as a global leader in IT services, consulting, and business solutions. The company offers a wide range of services, including applications, artificial intelligence, business process services, cloud, consulting, cybersecurity, data & analytics, digital experiences, engineering, and sustainability.
Keep reading to explore the intricacies of Wipro's fundraising journey and the investors backing this innovative platform.
What Is Wipro?
Wipro is a global leader in IT services, consulting, and business process services. The company leverages AI-infused technologies to empower clients around the globe.
Wipro offers a wide range of services, including applications, artificial intelligence, business process services, cloud, consulting, cybersecurity, data & analytics, digital experiences, engineering, and sustainability. The company serves various industries such as banking, communications, consumer, energy, manufacturing, hi-tech, and healthcare.
Committed to sustainability, Wipro aims to achieve net-zero emissions by 2040. The company focuses on leveraging AI to drive business outcomes and transform industries.
How Much Funding Has Wipro Raised?
- Post-IPO Equity
- Amount Raised: -
- Date: October 2006
- Lead Investors: MAPE Advisory Group
- Post-IPO Equity
- Amount Raised: -
- Date: September 2007
- Lead Investors: MAPE Advisory Group
- Post-IPO Equity
- Amount Raised: €900M
- Date: March 2018
- Lead Investors: Elliott Investment Management
- Post-IPO Secondary
- Amount Raised: ₹2.6B
- Date: November 2022
- Lead Investors: Societe Generale
- Post-IPO Secondary
- Amount Raised: ₹47.6B
- Date: November 2024
- Lead Investors: Premji Invest
Wipro has raised a total of €900M and ₹50.2B in funding.
Key Investors
- Premji Invest
- Details: Premji Invest is the investment arm of Azim Premji's endowment and philanthropic initiatives. It focuses on long-term investments in various sectors.
- Investment Focus Areas: Technology, consumer, healthcare
- Notable Investments: Flipkart, PolicyBazaar, FabHotels
- Societe Generale
- Details: Societe Generale is a leading European financial services group with a global presence. It offers a wide range of banking and financial services.
- Investment Focus Areas: Banking, asset management, insurance
- Notable Investments: ALD Automotive, Boursorama, Lyxor Asset Management
- Elliott Investment Management
- Details: Elliott Investment Management is a prominent American investment management firm. It is known for its activist approach in managing investments.
- Investment Focus Areas: Technology, energy, telecommunications
- Notable Investments: AT&T, Twitter, SoftBank
- MAPE Advisory Group
- Details: MAPE Advisory Group is an Indian investment bank specializing in mergers and acquisitions. It provides advisory services to various sectors.
- Investment Focus Areas: Financial services, healthcare, technology
- Notable Investments: Not publicly disclosed
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