- Wipro Ventures has backed 37 startups in AI, data and analytics, cybersecurity, and cloud infrastructure.
- Wipro plans to train 50,000 employees in AI certifications as part of its increased focus on AI-driven IT services.
Tech giant Wipro has committed $200 million to its venture capital arm, Wipro Ventures, to deepen its investments in artificial intelligence (AI) and other emerging technologies.
This marks the fourth round of funding for the venture arm since its inception in 2015.
In an exchange filing on February 26, Wipro stated that Wipro Ventures focuses on identifying and supporting "high-potential early-stage startups" that align with its mission of delivering innovative solutions to clients.
To date, the venture arm has backed 37 startups spanning sectors such as AI, data and analytics, cybersecurity, and cloud infrastructure.
Beyond direct startup investments, Wipro Ventures has also injected capital into various early-stage, enterprise-focused, and cybersecurity-centric venture funds across India, the US, and Israel.
The firm’s portfolio includes startups like Tuskira, Tradeshift, Vectra, NetSpring, and Kibsi. In July, it extended funding to D2C startup Let’s Try through its consumer care investment division, Wipro Consumer Care – Ventures.
“This latest investment reaffirms our commitment to helping startups grow faster, innovate, and collaborate with the IT services industry to support large enterprises. We envision a collaborative ecosystem where these emerging technologies can be deployed globally, drive progress, and create sustainable value for all stakeholders involved,” Wipro CEO and managing director Srini Pallia said.
The increased funding comes as Wipro aggressively strengthens its AI-driven IT service offerings. The company has been ramping up its internal AI investments, recently announcing plans to train 50,000 employees in AI certifications.
Wipro’s move aligns with broader funding trends in the Indian startup ecosystem, which has seen fluctuating investment levels. While startups raised $12 billion in 2024, funding has remained muted in 2025, with January securing over $1.2 billion and the first three weeks of February bringing in about $550 million.
Edited by Harshajit Sarmah
