Wipro Limited: A Comprehensive Overview
Wipro Limited stands as a prominent global player in the IT services and consulting industry. Headquartered in Bengaluru, India, Wipro has evolved from its origins in the vegetable oil business to become a leader in technology solutions, serving clients across over 60 countries. With a workforce exceeding 230,000 employees, Wipro's journey is a testament to innovation, leadership, and strategic diversification.
1945–1970s: Founded as Western India Vegetable Products Limited, Wipro initially focused on manufacturing vegetable oils.
1980s: Under the leadership of Azim Premji, Wipro ventured into the IT sector, marking the beginning of its transformation into a technology company.
1999: Wipro was listed on the New York Stock Exchange, signaling its global aspirations.
2000s–2010s: The company expanded its service offerings to include consulting, business process services, and engineering services, establishing a strong presence in various industries.
2020–Present: Wipro continues to innovate, focusing on areas like artificial intelligence, cloud computing, and cybersecurity to meet the evolving needs of its clients.
Wipro operates through several key segments:
IT Services: Providing software development, system integration, IT consulting, and infrastructure services.
Business Process Services (BPS): Offering customer service, finance and accounting, and human resources outsourcing.
Consulting: Advising companies on business strategies, technology solutions, and organizational improvements.
Engineering Services: Delivering product development, research and development, and technical support services.
Cloud Services: Assisting clients with cloud migration, management, and infrastructure services.
Wipro has strengthened its capabilities through strategic acquisitions:
Appirio: A global services company specializing in cloud-based solutions.
Topcoder: A crowdsourcing platform connecting businesses with a global community of designers, developers, and data scientists.
Capco: A management and technology consultancy focused on the financial services industry.
Designit: A strategic design firm offering product and service design solutions.
These acquisitions have enhanced Wipro's service offerings and expanded its market reach.
Cybersecurity Partnership: In June 2025, Wipro entered into a multi-year agreement with Entrust, a U.S.-based security solutions firm, to strengthen its cybersecurity offerings .
AI and Quantum Computing: Wipro is investing in cutting-edge technologies like Generative AI and quantum computing, with initiatives such as the Wipro Innovation Network and a 60,000 sq ft lab in Bengaluru .
Global Expansion: The company secured a $650 million deal with the British insurer Phoenix Group for the administration of its ReAssure business, marking a significant expansion in the UK market .
Wipro's commitment to sustainability is evident in its initiatives:
Carbon Neutrality: Achieved carbon neutrality across its operations through energy efficiency measures and renewable energy investments.
Water and Waste Management: Implemented programs to reduce water consumption and manage waste effectively.
Sustainable Supply Chain: Collaborated with suppliers to ensure adherence to ethical and environmental standards .
Azim Premji: The former chairman, Azim Premji, transformed Wipro into a global IT services leader and is renowned for his philanthropic efforts, including donating $21 billion to the Azim Premji Foundation .
Rishad Premji: Currently serving as the executive chairman, Rishad Premji continues to drive Wipro's strategic direction and growth.
Srini Pallia: Appointed as CEO in 2024, Srini Pallia brings a wealth of experience to lead Wipro into its next phase of innovation and expansion.
