Wipro has committed $200 million to its venture arm, Wipro Ventures, marking its fourth round of funding since its inception a decade ago. The investment aims to accelerate Wipro’s support for early to mid-stage startups driving technological innovation.

"Wipro Ventures is strategically positioned to engage with startup hubs worldwide and foster innovation," said Srini Pallia, CEO & Managing Director of Wipro Limited. "This latest investment reinforces our commitment to helping startups scale, innovate, and collaborate with the IT services industry to create global impact."

Launched in 2015, Wipro Ventures focuses on investing in high-potential startups in artificial intelligence, data & analytics, cybersecurity, and cloud infrastructure. Over the years, it has backed 37 startups, facilitated technology adoption across 250+ Wipro clients, and achieved 12 successful exits, including CloudKnox (acquired by Microsoft) and CloudGenix (acquired by Palo Alto Networks).

In addition to direct investments, Wipro Ventures has also funded early-stage, enterprise-focused, and cybersecurity venture funds across India, the US, and Israel. Industry leaders, including Jay Leek, Co-Founder & General Partner at SYN Ventures, praised Wipro Ventures’ role in shaping the startup ecosystem, emphasizing its ability to help startups maintain their competitive edge and achieve long-term success.