Wipro commits $200 million in fresh investment to Wipro Ventures

Technology services and consulting giant Wipro has announced a fresh commitment of $200 million to Wipro Ventures, its strategic investment arm. In its decade of operations, Wipro Ventures has invested in 37 startups and helped roll out their solutions to over 250 Wipro clients globally. Notably, the fund, which focuses on early-to mid-stage startups, has also seen 12 successful exits.