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{{short description|Indian multinational IT services and consulting company}}
{{short description|Multinational IT services and consulting company}}
{{Distinguish|Wipro Enterprises}}
{{Advert|date=October 2020}}
{{Use dmy dates|date=September 2020}}
{{Use dmy dates|date=September 2020}}
{{Use Indian English|date=April 2014}}
{{Infobox company
{{Infobox company
| name = Wipro Limited
| name = Wipro Limited
| logo = Wipro Primary Logo Color RGB.svg
| logo = Wipro new logo.svg
| logo_size = 200px
| image = S3 and S4 Building SJP2 Wipro Sarjapur office Photo 182805.jpg
| image = S3 and S4 Building SJP2 Wipro Sarjapur office Photo 182805.jpg
| image_caption = [[Headquarters]] at Sarjapur Road, [[Bengaluru]]
| image_caption = Headquarters at [[Sarjapura|Sarjapura Road]], [[Bengaluru]]
| former_name = Western India Palm Refined Oils Limited
| trading_name = Wipro
| former_name = Western India Vegetable Products Limited (1945–1977)<br/> Wipro Products Limited (1977–1982)
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{Unbulleted list|{{BSE|507685}}|{{NSE|WIPRO}}|{{NYSE|WIT}}|[[NIFTY 50|NSE NIFTY 50 Constituent]]}}
| traded_as = {{Unbulleted list|{{BSE|507685}}|{{NSE|WIPRO}}|{{NYSE|WIT}}|[[NIFTY 50|NSE NIFTY 50]] constituent}}
| founder = Muhammed Hashim Premji
| area_served = Worldwide
| area_served = Worldwide
| key_people = {{Unbulleted list|[[Azim Premji]] (Founder Chairman)|[[Rishad Premji]] (Executive Chairman)|Thierry Delaporte (CEO & MD)}}
| ISIN = {{ISIN|sl=n|pl=y|INE075A01022}}
| ISIN = {{ISIN|sl=n|pl=y|INE075A01022}}
| industry = [[Conglomerate (company)|Conglomerate]]
| industry = [[Information technology]]<br>[[Consulting]]<br>[[Outsourcing]]
| products = {{Flatlist|
| key_people = [[Rishad Premji]]<br> {{small|(Executive chairman)}}<br/> Srini Pallia<br>{{small|(CEO)}}
* [[Personal care]]
| products =
* [[Health care]]
* [[Lighting]]
}}
| services = {{Flatlist|
| services = {{Flatlist|
* [[Information technology]]
* [[Information technology]]
Line 27: Line 21:
* [[Outsourcing]]
* [[Outsourcing]]
}}
}}
| revenue = {{Increase}} {{INRConvert|81373|c}}<ref name=pnl>{{Cite web|title=Wipro Consolidated Profit & Loss account, Wipro Financial Statement & Accounts|url=https://www.wipro.com/content/dam/nexus/en/investor/quarterly-results/2020-2021/q4fy21/press-release-q4-21.pdf|access-date=14 July 2020|website=wipro.com|language=en|archive-date=15 April 2021|archive-url=https://web.archive.org/web/20210415125745/https://www.wipro.com/content/dam/nexus/en/investor/quarterly-results/2020-2021/q4fy21/press-release-q4-21.pdf|url-status=live}}</ref>
| revenue = {{up}} {{INRconvert|92972|c}} (2025)
| revenue_year = 2022
| operating_income = {{up}} {{INRconvert|17495|c}} (2025)
| operating_income = {{Increase}} {{INRConvert|15667|c}}<ref name=pnl/>
| net_income = {{up}} {{INRconvert|13218|c}} (2025)
| income_year = 2022
| assets = {{up}} {{INRconvert|128185|c}} (2025)
| net_income = {{Increase}} {{INRConvert|12237|c}}<ref name=pnl/>
| equity = {{up}} {{INRconvert|82577|c}} (2025)
| net_income_year = 2022
| num_employees = 242,021 (December 2025)<ref>{{cite news |title=Wipro's headcount increases by 6,529 employees in Q3FY26 |url=https://www.moneycontrol.com/news/business/information-technology/wipro-s-headcount-increases-by-6-529-employees-in-q3fy26-13776061.html |access-date=25 July 2025 |work=Moneycontrol |date=10 March 2026 |language=en}}</ref>
| assets = {{Increase}} {{INRConvert|107505|c}}<ref name=pnl/>
| owner = [[Azim Premji]] (72.67%)<ref>{{cite news|url=https://www.bloomberg.com/billionaires/profiles/azim-h-premji/|title=Bloomberg Billionaires Index - Azim Premji|website=Bloomberg.com|access-date=28 May 2019|archive-date=29 May 2019|archive-url=https://web.archive.org/web/20190529204321/https://www.bloomberg.com/billionaires/profiles/azim-h-premji/|url-status=live}}</ref>
| assets_year = 2022
| subsid = {{unbulleted list|[[Capco]]|[[Designit]]|[[Appirio]]|[[Topcoder]]}}
| equity = {{Increase}} {{INRConvert|64306|c}}<ref name=pnl/>
| equity_year = 2022
| num_employees = 231,671 (2021)<ref name=6-K>{{cite web|url=http://www.wipro.com/investors/financial-information/quarterly-results/|title=Wipro Financial Statements 2020|publisher=Wipro Ltd|access-date=20 April 2016|archive-url=https://web.archive.org/web/20160408042010/http://www.wipro.com/investors/financial-information/quarterly-results/|archive-date=8 April 2016|url-status=live}} {{Webarchive|url=https://web.archive.org/web/20160408042010/http://www.wipro.com/investors/financial-information/quarterly-results/ |date=8 April 2016 }}</ref>
| owner = [[Azim Premji]] (73.85%)<ref>{{cite news|url=https://www.bloomberg.com/billionaires/profiles/azim-h-premji/|title=Bloomberg Billionaires Index - Azim Premji|website=Bloomberg.com|access-date=28 May 2019|archive-date=29 May 2019|archive-url=https://web.archive.org/web/20190529204321/https://www.bloomberg.com/billionaires/profiles/azim-h-premji/|url-status=live}}</ref>
| subsid = {{unbulleted list
|[[Appirio]]|[[Topcoder]]|[[Capco]]|[[Designit]]
}}
| foundation = {{Start date and age|29 December 1945}}
| foundation = {{Start date and age|29 December 1945}}
| location = Global: [[Sarjapur|Sarjapur Road]]<br>[[Bengaluru]]<br>India<br>Overseas: Tower Center<br>Tower Center Boulevard<br>[[East Brunswick, New Jersey|East Brunswick]], [[New Jersey]] 08816<br>U.S.<ref name=WiproNewJerseyHeadquarters>{{cite web|url=https://www.mycentraljersey.com/story/money/business/2023/03/11/east-brunswick-nj-wipro-limited/69985257007/|title=East Brunswick welcomes international tech firm's Americas HQ to township|author=Brad Wardlow|publisher=mycentraljersey.com|date=March 11, 2023|access-date=March 11, 2023}}</ref>
| founder = MH Hasham Premji
| hq_location_city =
| location =  
| hq_location_country =  
| hq_location_city = [[Bengaluru]], [[Karnataka]]
| hq_location_country = India
| homepage = {{URL|https://www.wipro.com/}}
| homepage = {{URL|https://www.wipro.com/}}
| footnotes = Financials {{as of|2025|03|31|lc=y|df=yes}}.<ref>{{cite web |title=Audited Standalone and Consolidated financial results for the quarter and year ended March 31, 2025 |url=https://www.bseindia.com/xml-data/corpfiling/AttachLive/1d817da2-1920-49a6-9c25-364b99051e7a.pdf |website=BSE |publisher=Wipro |access-date=16 April 2025}}</ref>
}}
}}
'''Wipro Limited''' ({{IPAc-en|audio=Wipro company pronunciation.ogg|ˈ|w|ɪ|p|r|oʊ}}) is an Indian [[multinational corporation|multinational technology company]] based in [[Bengaluru]]. It provides [[information technology]], [[consulting]] and [[business process]] services, and is one of India's [[Big Tech (India)|Big Six]] IT services companies. Wipro's services include [[cloud computing]], [[computer security]], [[digital transformation]], [[artificial intelligence]], [[robotics]], [[data analytics]], and other technologies.<ref>{{Cite web |title=Fitch Affirms Wipro at 'A-'; Outlook Stable |url=https://www.fitchratings.com/research/corporate-finance/fitch-affirms-wipro-at-a-outlook-stable-28-03-2022 |access-date=2023-09-28 |website=www.fitchratings.com}}</ref>


'''Wipro Limited''' (formerly, Western India Palm Refined Oils Limited) is an Indian [[multinational corporation]] that provides [[information technology]], [[consulting]] and [[business process]] services. Thierry Delaporte is serving as [[CEO]] and managing director of Wipro since July 2020.<ref>{{Cite web|url=https://www.forbes.com/sites/peterbendorsamuel/2020/06/01/wipros-big-bet-with-new-ceo-thierry-delaporte/?sh=626fb337223a|title=Wipro's Big Bet with New CEO Thierry Delaporte|website=[[Forbes]]}}</ref>
==History==


Wipro's capabilities range across [[cloud computing]], [[cyber security]], [[digital transformation]], [[artificial intelligence]], [[robotics]], [[data analytics]], and other technology consulting services to customers in 167 countries.<ref>https://www.fitchratings.com/research/corporate-finance/fitch-affirms-wipro-at-a-outlook-stable-28-03-2022 {{Bare URL inline|date=May 2022}}</ref>
==History of Wipro==
===Early years===
===Early years===
The company was incorporated on 29 December 1945 in [[Amalner]] by MH Hasham Premji as '''Western India Vegetable Products Limited''', a manufacturer of [[cooking oil]]s.<ref name=NPHistory/><ref name="moneycontrol-wipro-history"/> In 1966, after Hasham Premji's death, his son [[Azim Premji]] took over as [[chairperson]] at age 21.<ref name="Financial Express"/>


The company was incorporated on 29 December 1945 in [[Amalner]], India, by Mohamed Premji as Western India Vegetable Products Limited, later abbreviated to Wipro. It was initially set up as a manufacturer of vegetable and [[Cooking oil|refined oils]] under the [[trade name]]s of Kisan, Sunflower, and Camel.<ref name=NPHistory/><ref name="moneycontrol-wipro-history"/><ref name="companyhistory">{{cite web|url=http://www.wipro.com/about-Wipro/|title=About Wipro|website=wipro.com|access-date=22 September 2017|archive-url=https://web.archive.org/web/20170922040551/http://www.wipro.com/about-Wipro/|archive-date=22 September 2017|url-status=live}} {{Webarchive|url=https://web.archive.org/web/20170922040551/http://www.wipro.com/about-Wipro/ |date=22 September 2017 }}</ref>
The company changed its name to '''Wipro Products Limited''' in 1977, followed by Wipro Limited, a [[syllabic abbreviation]] of the original name, in 1982.<ref name="moneycontrol-wipro-history"/>


In 1966, after Mohamed Premji's death, his son [[Azim Premji]] took over Wipro as its [[chairman]] at the age of 21.<ref name="Billionaire Profile: Azim Premji"/><ref name="Financial Express"/>
===Shift to IT===


===Shift to IT Industry===
In the 1980s, recognizing opportunities in computer hardware and software, the company established subsidiaries Wipro Infotech and Wipro Systems. In 1981, Wipro developed the first Indian [[minicomputer]] based on the [[Intel 8086]] chip in an [[IISc]] lab.<ref>{{cite news |title=Wipro's early years |url=https://in.rediff.com/money/2006/jul/20sld1.htm |access-date=16 July 2024 |work=Rediff |date=20 July 2006}}</ref><ref>{{cite news |title=Indian IT's pioneering pivot |url=https://timesofindia.indiatimes.com/business/startups/people/indian-its-pioneering-pivot/articleshow/99356730.cms |access-date=16 July 2024 |work=The Times of India |date=9 April 2023}}</ref> The software division began in 1984 with the development of a [[spreadsheet]] and [[Word processor program|word-processing]] suite but shifted to [[Offshore custom software development|offshore software development]] in 1990.<ref>{{cite news |title=Wipro: From vanaspati to IT leader |url=https://timesofindia.indiatimes.com/business/india-business/wipro-from-vanaspati-to-it-leader/articleshow/620317.cms |access-date=16 July 2024 |work=The Times of India |date=16 April 2004}}</ref>
During the 1970s and 1980s, the company shifted its focus to new opportunities in the IT and computing industry, which was at a nascent stage in India at the time. On 7 June 1977, the name of the company changed from Western India Vegetable Products Limited, to Wipro Products Limited.<ref name="moneycontrol-wipro-history"/> In 1982, the name was changed again, from Wipro Products Limited to Wipro Limited.<ref name="Company profile for Wipro" /> In 1999, Wipro was listed on the [[New York Stock Exchange]].<ref>{{cite web |url=https://www.ciol.com/wipro-lists-nyse-marginal-premium/ |title=Wipro lists on NYSE with marginal premium |date=October 19, 2000 |website=ciol.com}}</ref> In 2004, Wipro became the second Indian IT company to earn US$1 billion in annual revenue.<ref>{{Cite web|url=https://www.financialexpress.com/archive/wipro-joins-billion-dollar-club/104100/|title = Wipro Joins Billion Dollar Club|date = 17 April 2004}}</ref>


In 2012, Wipro [[Demerger|demerged]] its non-IT businesses into a separate company called [[Wipro Enterprises]].<ref name="Wipro hives off non-IT business into separate company" /><ref name="Wipro's Scheme of Arrangement for Demerger Effective from 31 March 2013" /><ref name="Wipro demerger scheme comes into effect" /> Prior to this demerger, these businesses, mainly in the consumer care, lighting, furniture, hydraulics, water treatment, and medical diagnostics, contributed about 10% of Wipro's total revenues.<ref name="Wipro to demerge non-IT businesses" /><ref name="Azim Premji says son Rishad will never be CEO of Wipro" />
By the mid-1990s, Wipro had become one of India's leading manufacturers of [[personal computer]]s, [[peripheral]]s, and medical diagnostic equipment.<ref>{{cite news |title=The PC in India The Desktop Story |url=https://www.dqindia.com/the-pc-in-india-the-desktop-story/ |access-date=16 July 2024 |work=Dataquest |language=en}}</ref> In 1998, the company reported being the second-largest software exporter from India,<ref>{{cite news |title=Scaling New Highs |url=https://www.business-standard.com/article/specials/scaling-new-highs-198081701012_1.html |access-date=17 July 2024 |work=Business Standard |date=17 August 1998}}</ref> and gradually increased its focus on the higher-[[Profit margin|margin]] software services business which accounted for the vast majority of its profits.<ref>{{cite news |title=Wipro software exports increase 49 per cent |url=https://www.rediff.com/computer/1998/jun/01wipro.htm |access-date=17 July 2024 |work=Rediff}}</ref>


In August 2018, Wipro paid US$75m to National Grid US as a settlement for a botched SAP implementation that an 2014 audit estimated could cost the company US$1 billion. Wipro had been hired as systems integrator in 2010, but errors in the rollout, intended to replace an Oracle system, caused serious losses and reputational damage.<ref>{{Cite web|url=https://www.theregister.com/2018/08/06/botched_sap_implementation_national_grid_wipro_settlement_75m/|title = Wipro hands $75m to National Grid US after botched SAP upgrade}}</ref>
During the [[dot-com boom]] of the early 2000s, Wipro became the largest company in India by [[market capitalization]], reaching a value three times that of the next largest listed company, [[Infosys]]. Consequently, Wipro's majority shareholder Azim Premji was the [[Forbes India's richest Indian by year|richest Indian]] for five consecutive years.<ref>{{cite news |title=Wipro becomes most valuable Indian company, Azim Premji the richest Indian ever |url=https://www.indiatoday.in/magazine/cover-story/story/20000306-wipro-becomes-most-valuable-indian-company-azim-premji-the-richest-indian-ever-777179-2000-03-05 |access-date=16 July 2024 |work=India Today |date=6 March 2000 |language=en}}</ref><ref>{{cite news |title=India's $30 Billion Man |url=https://www.forbes.com/forbes/2000/0320/6507144a.html |access-date=16 July 2024 |work=Forbes |language=en}}</ref>


In March 2020, Hedera announced that Wipro would be joining their Governing Council, providing decentralized governance to its [[hashgraph]] distributed ledger technology.<ref>{{Cite web|url=https://timesofindia.indiatimes.com/business/india-business/wipro-joins-hedera-hashgraph-governing-council/articleshow/74703951.cms|title = Wipro joins Hedera Hashgraph governing council - Times of India|website = [[The Times of India]]}}</ref>
In 2004, Wipro became the second listed [[List of Indian IT companies|Indian IT company]] to report annual revenues exceeding US$1 billion.<ref>{{Cite web|url=https://www.financialexpress.com/archive/wipro-joins-billion-dollar-club/104100/|title = Wipro Joins Billion Dollar Club|date = 17 April 2004|archive-url=https://web.archive.org/web/20220421110405/https://www.financialexpress.com/archive/wipro-joins-billion-dollar-club/104100/|archive-date=21 April 2022}}</ref> By 2006, approximately 30% of its total revenue came from [[Engineering design process|product engineering R&D]] services.<ref>{{cite news |title=Wipro plans further expansion in Chennai |url=https://www.business-standard.com/article/companies/wipro-plans-further-expansion-in-chennai-107013101030_1.html |access-date=4 August 2024 |work=Business Standard| date=31 January 2007}}</ref>


In March 2023, Wipro opened its American international [[headquarters]] at Tower Center in [[East Brunswick, New Jersey|East Brunswick]], [[Middlesex County, New Jersey|Middlesex County]], [[New Jersey]].<ref name=WiproNewJerseyHeadquarters>{{cite web|url=https://www.mycentraljersey.com/story/money/business/2023/03/11/east-brunswick-nj-wipro-limited/69985257007/|title=East Brunswick welcomes international tech firm's Americas HQ to township|author=Brad Wardlow|publisher=mycentraljersey.com|date=March 11, 2023|access-date=March 11, 2023}}</ref>
In 2007, Wipro introduced a line of [[supercomputer]]s known as [[Wipro Supernova]].<ref>{{cite news |title=Wipro Infotech launches supercomputers |url=https://economictimes.indiatimes.com/tech/software/wipro-infotech-launches-supercomputers/articleshow/2362912.cms |access-date=19 July 2024 |work=The Economic Times |date=12 September 2007}}</ref> In 2011, Wipro, in collaboration with the [[Indian Space Research Organisation]] (ISRO), developed India's then-fastest supercomputer, [[SAGA-220]], which was deployed at the [[Vikram Sarabhai Space Centre]].<ref>{{cite news |last1=Chari |first1=Sridhar K. |title=Wipro building India's fastest supercomputer for space agency |url=https://www.livemint.com/Home-Page/opoGlRmGLYhOquHEFd6gDO/Wipro-building-India8217s-fastest-supercomputer-for-space.html |access-date=19 July 2024 |work=Mint |date=3 January 2011}}</ref><ref>{{cite news |title=Isro stakes claim to India's fastest supercomputer |url=https://www.business-standard.com/article/economy-policy/isro-stakes-claim-to-india-s-fastest-supercomputer-111050300042_1.html |access-date=19 July 2024 |work=Business Standard|date=3 May 2011}}</ref>


== Notable acquisitions ==
In 2012, Wipro [[Demerger|demerged]] its non-IT businesses into a new private company named [[Wipro Enterprises]].<ref name="Wipro hives off non-IT business into separate company" /> Prior to this demerger, these businesses—primarily in consumer care, lighting, furniture, hydraulics, water treatment, and medical diagnostics—accounted for about 14% of Wipro's total revenues.<ref>{{cite news |title=Wipro gets shareholders nod for demerger |url=https://www.business-standard.com/article/companies/wipro-gets-shareholders-nod-for-demerger-112122900015_1.html |access-date=19 July 2024 |work=Business Standard|date=29 December 2012}}</ref>
In 2006, Wipro acquired [[California]]-based technology company cMango in an all cash deal.<ref>{{Cite news|url=https://www.business-standard.com/article/technology/wipro-acquires-us-based-cmango-for-20mn-106022000044_1.html|title = Wipro acquires US-based cMango for $20mn|newspaper = Business Standard India|date = 20 February 2006}}</ref>


In 2012, Wipro acquired Australian analytics company, Promax Applications Group for A$35 million in an all cash deal.<ref>{{Cite news|url=https://economictimes.indiatimes.com/tech/ites/wipro-to-acquire-australias-promax-applications-group-for-rs-192-crore/articleshow/12945407.cms|title = Wipro to acquire Australia's Promax Applications Group for Rs 192 crore|newspaper = The Economic Times}}</ref>
In 2014, Wipro set up its [[User experience design|design]] and [[Mobile computing|mobility]] services business division called Wipro Digital.<ref>{{cite news |last1=Sood |first1=Varun |title=Wipro's digital business unit to be guided by Bhanumurthy Ballapuram |url=https://economictimes.indiatimes.com/tech/ites/wipros-digital-business-unit-to-be-guided-by-bhanumurthy-ballapuram/articleshow/38945181.cms |access-date=17 July 2025 |work=The Economic Times |date=24 July 2014}}</ref> In 2015, Wipro established its [[Investment management|strategic investment]] arm–Wipro Ventures–to invest in early- and mid-stage [[enterprise software]] startups and [[venture capital fund]]s in the US, India and Israel.<ref>{{cite news |last1=Rao |first1=Rukmini |title=Wipro Ventures secures $200 million in fresh funds, eyes bigger bets on startups |url=https://www.fortuneindia.com/business-news/wipro-ventures-secures-200-million-in-fresh-funds-eyes-bigger-bets-on-startups/120838 |access-date=17 July 2025 |work=Fortune India |date=26 February 2025 |language=en}}</ref><ref>{{cite news |last1=Hinchcliffe |first1=Dion |title=Exploring Wipro Ventures: An Enterprise-Focused Tech Incubator |url=https://www.constellationr.com/blog-news/exploring-wipro-ventures-enterprise-focused-tech-incubator |access-date=17 July 2025 |work=Constellation Research Inc. |date=16 August 2023 |language=en}}</ref>


In 2015, Wipro acquired Denmark-based design consultancy [[Designit]] for €85 million.<ref>{{Cite web|url=https://www.livemint.com/Companies/DUaEZFkC4f4exXxR4FW4PP/Wipro-to-acquire-Designit-for--85-million.html|title = Wipro to acquire Designit for €85 million|date = 9 July 2015}}</ref>
In 2021, Wipro reported that a third of its workforce was engaged in [[cloud computing|cloud]] projects, and announced a $1 billion investment in its FullStride Cloud Services vertical.<ref>{{cite news |last1=Dey |first1=Victor |title=Wipro Staffed A Third Of Its Workforce to Cloud Business, Says CEO |url=https://analyticsindiamag.com/ai-news-updates/wipro-staffed-a-third-of-its-workforce-to-cloud-business-says-ceo/ |access-date=25 July 2025 |work=Analytics India Magazine |date=30 November 2021 |language=en}}</ref>


In 2016, Wipro acquired cloud services consultancy [[Appirio]] for $500M.<ref>{{Cite web|url=https://fortune.com/2016/10/20/wipro-buys-appirio/|title = Why IT Services Giant Wipro is Snapping up Appirio for $500 Million}}</ref>
==Operations==
Wipro serves clients in industries such as financial services, healthcare, manufacturing, retail, and telecommunications. As of 2025, its service offerings are divided under four global business lines (GBLs), each having different leaders:<ref>{{cite news |title=Wipro to realign its four global business lines starting April 1; here are the Big changes |url=https://timesofindia.indiatimes.com/technology/tech-news/wipro-to-realign-its-four-global-business-lines-starting-april-1-here-are-the-big-changes/articleshow/119073000.cms |access-date=25 July 2025 |work=The Times of India |date=16 March 2025}}</ref><ref>{{cite web |title=Integrated Annual Report 2024-25 |url=https://bsmedia.business-standard.com/_media/bs/data/announcements/bse/21062025/bad4d97f-e94b-486a-b1ab-c50cd7ae0c75.pdf |website=Business Standard |publisher=Wipro |access-date=25 July 2025}}</ref>


In April 2019, Wipro acquired Filipino personal care company [[Splash Corporation]].<ref>{{cite web|url=https://www.rappler.com/business/229270-indian-company-wipro-acquires-splash-corporation/|title=Indian company Wipro acquires beauty products maker Splash|website=rappler.com|last=Rivas|first=Ralf|date=April 29, 2019|access-date=August 9, 2022}}</ref>
* Wipro Technology Services: IT services in [[Cloud computing|cloud]], [[cybersecurity]], [[data analytics]], [[artificial intelligence]], [[enterprise applications]], and [[Software design|design]], among other domains.
* Wipro Consulting Services: Strategy advisory and [[Management consulting|business consulting]] services.
* Wipro Engineering Edge: Engineering, research and development (ER&D) services for [[semiconductors]] and [[embedded systems]], [[Software-defined infrastructure|software-defined systems]], [[Industry 4.0]], and [[Communications system|communications]], among others.
* Wipro Business Process Services: [[Business process management]] (BPM) services.


In February 2020, Wipro acquired Rational Interaction, a Seattle-based digital customer experience consultancy.<ref>{{Cite web|url=https://www.consulting.us/news/3805/wipro-digital-acquires-cx-consulting-firm-rational-interaction|title=Wipro Digital acquires CX consulting firm Rational Interaction|date=24 February 2020|website=www.consulting.us|language=en|access-date=25 February 2020|archive-date=25 February 2020|archive-url=https://web.archive.org/web/20200225095613/https://www.consulting.us/news/3805/wipro-digital-acquires-cx-consulting-firm-rational-interaction|url-status=live}}</ref>
==Acquisitions==
{| class="wikitable"
|+
! Year !! Company !! Country !! Industry !! Acquisition cost
|-
| 2002 || Spectramind<ref>{{cite news |title=Wipro To Buy 90% In Spectramind |url=https://www.business-standard.com/article/companies/wipro-to-buy-90-in-spectramind-102072001028_1.html |access-date=25 July 2025 |work=Business Standard |date=20 July 2002}}</ref> || India || Business process outsourcing || align="right" | $83 million
|-
| 2005 || NewLogic<ref>{{cite news |title=Wipro buys NewLogic for $56mn |url=https://www.business-standard.com/article/technology/wipro-buys-newlogic-for-56mn-105121900018_1.html |access-date=27 August 2024 |date=19 December 2005}}</ref> || Austria || Semiconductor design services || align="right" | €47 million
|-
| 2006 || cMango<ref>{{Cite news|url=https://www.business-standard.com/article/technology/wipro-acquires-us-based-cmango-for-20mn-106022000044_1.html|title=Wipro acquires US-based cMango for $20mn|newspaper=Business Standard India|date=20 February 2006}}</ref> || United States || Technology || align="right" | $20 million
|-
| 2006 || Enabler<ref>{{cite news |last1=McCue |first1=Andy |title=India's Wipro acquires Enabler |url=https://www.zdnet.com/article/indias-wipro-acquires-enabler/ |access-date=27 August 2024 |work=ZDNET |date=1 June 2006 |language=en}}</ref> || Portugal || Consulting || align="right" | €41 million
|-
| 2007 || Infocrossing<ref>{{cite news |last1=Ganesh |first1=Venkatesh |title=Wipro buys Infocrossing in largest overseas acquisition |url=https://www.hindustantimes.com/business/wipro-buys-infocrossing-in-largest-overseas-acquisition/story-ohuNtYLwf3wQ3m2k6bxOaM.html |access-date=27 August 2024 |work=Hindustan Times |date=7 August 2007}}</ref> || United States || Infrastructure management services || align="right" | $600 million
|-
| 2008 || Citi Technology Services<ref>{{cite news |title=Wipro buys Citi Tech for $127m |url=https://timesofindia.indiatimes.com/business/india-business/wipro-buys-citi-tech-for-127m/articleshow/3882501.cms |access-date=27 August 2024 |work=The Times of India |date=24 December 2008}}</ref> || United States || Technology || align="right" | $127 million
|-
| 2012 || Promax Applications Group<ref>{{Cite news|url=https://economictimes.indiatimes.com/tech/ites/wipro-to-acquire-australias-promax-applications-group-for-rs-192-crore/articleshow/12945407.cms|title=Wipro to acquire Australia's Promax Applications Group for Rs 192 crore|newspaper=The Economic Times}}</ref> || Australia || Analytics || align="right" | A$35 million
|-
| 2014 || Atco I-Tek<ref>{{cite news |title=ATCO sells internal IT dept. for $210M, then outsources IT |url=https://www.canadianmanufacturing.com/procurement/atco-sells-internal-dept-210m-outsources-139112/ |access-date=27 August 2024 |work=Canadian Manufacturing |date=18 July 2014}}</ref> || Canada || Technology || align="right" | C$210 million
|-
| 2015 || [[Designit]]<ref>{{Cite web|url=https://www.livemint.com/Companies/DUaEZFkC4f4exXxR4FW4PP/Wipro-to-acquire-Designit-for--85-million.html|title=Wipro to acquire Designit for €85 million|date=9 July 2015}}</ref> || Denmark || Design consultancy || align="right" | €85 million
|-
| 2015 || Cellent<ref>{{cite news |last1=Mendonca |first1=Jochelle |title=Wipro agrees to buy German IT services company Cellent AG for $78 million |url=https://economictimes.indiatimes.com/tech/ites/wipro-agrees-to-buy-german-it-services-company-cellent-ag-for-78-million/articleshow/50014319.cms |access-date=27 August 2024 |work=The Economic Times |date=3 December 2015}}</ref> || Germany || Consulting || align="right" | €73 million
|-
| 2016 || HealthPlan Services<ref>{{cite news |last1=Sen |first1=Anirban |title=Wipro buys US-based HealthPlan Services for $460 million |url=https://economictimes.indiatimes.com/tech/ites/wipro-buys-us-based-healthplan-services-for-460-million/articleshow/50946961.cms |access-date=27 August 2024 |work=The Economic Times |date=11 February 2016}}</ref> || United States || Healthcare technology || align="right" | $460 million
|-
| 2016 || [[Appirio]]<ref>{{Cite web |last=Darrow |first=Barb |date=20 October 2016 |title=Why IT Services Giant Wipro is Snapping up Appirio for $500 Million |url=https://fortune.com/2016/10/20/wipro-buys-appirio/ |website=Fortune}}</ref>|| United States || Cloud services || align="right" | $500 million
|-
| 2019 || International TechneGroup Inc (ITI)<ref>{{cite news |title=Wipro to acquire US-based ITI for around Rs 312 crore |url=https://www.newindianexpress.com/business/2019/Jun/05/wipro-to-acquire-us-based-iti-for-rs-312-crore-1986374.html |access-date=27 August 2024 |work=The New Indian Express |date=5 June 2019 |language=en}}</ref> || United States || Engineering services || align="right" | $45 million
|-
| 2020 || 4C<ref>{{cite news |last1=Baruah |first1=Ayushman |title=Wipro to acquire Belgium-based 4C for 68 million euros |url=https://www.livemint.com/companies/news/wipro-to-acquire-belgium-based-4c-for-68-million-euros-11595511617966.html |access-date=14 February 2025 |work=mint |date=23 July 2020 |language=en}}</ref> || Belgium || Salesforce partner || align="right" | €68 million
|-
| 2020 || Rational Interaction<ref>{{Cite web|url=https://www.consulting.us/news/3805/wipro-digital-acquires-cx-consulting-firm-rational-interaction|title=Wipro Digital acquires CX consulting firm Rational Interaction|date=24 February 2020|website=www.consulting.us|language=en|access-date=25 February 2020|archive-date=25 February 2020|archive-url=https://web.archive.org/web/20200225095613/https://www.consulting.us/news/3805/wipro-digital-acquires-cx-consulting-firm-rational-interaction|url-status=live}}</ref> || United States || Digital customer experience consultancy || align="right" | Undisclosed
|-
| 2021 || Eximius Design<ref>{{cite news |last1=Doshi |first1=Ankit |title=Wipro to acquire American engineering services firm Eximius for $80 mn |url=https://www.vccircle.com/wipro-to-acquire-american-engineering-services-firm-eximius-for-80-mn |access-date=27 August 2024 |work=VCCircle |date=15 October 2020}}</ref> || United States || Semiconductor engineering services || align="right" | $80 million
|-
| 2021 || [[Capco]]<ref>{{Cite news|title=India's Wipro to buy Capco for $1.45 billion – TechCrunch|language=en-US|work=TechCrunch|url=https://techcrunch.com/2021/03/04/wipro-capco/|access-date=2021-03-04|archive-date=4 March 2021|archive-url=https://web.archive.org/web/20210304171047/https://techcrunch.com/2021/03/04/wipro-capco/|url-status=live}}</ref> || United States || Technology management consultancy || align="right" | $1.45 billion
|-
| 2021 || Ampion<ref>{{Cite news|url=https://www.bloombergquint.com/markets/wipro-agrees-to-buy-australian-cybersecurity-provider-stock-gains|title=Wipro Agrees To Buy Australian Cybersecurity Provider; Stock Gains|date=1 April 2021|access-date=18 August 2021|archive-date=17 April 2021|archive-url=https://web.archive.org/web/20210417095250/https://www.bloombergquint.com/markets/wipro-agrees-to-buy-australian-cybersecurity-provider-stock-gains|url-status=live}}</ref> || Australia || Cybersecurity || align="right" | $117 million
|-
| 2021 || LeanSwift<ref>{{cite news |title=Wipro to acquire LeanSwift Solutions for $21 million |url=https://www.financialexpress.com/business/industry-wipro-to-acquire-leanswift-solutions-for-21-million-2382021/ |access-date=27 August 2024 |work=Financial Express |date=17 December 2021 |language=en}}</ref> || United States || Cloud transformation || align="right" | $21 million
|-
| 2021 || Edgile<ref>{{cite news |title=Wipro to acquire cybersecurity consulting provider Edgile |url=https://www.livemint.com/companies/news/wipro-to-acquire-cybersecurity-consulting-provider-edgile-11640000162870.html |access-date=27 August 2024 |work=Mint |date=20 December 2021}}</ref> || United States || Cybersecurity || align="right" | $230 million
|-
| 2022 || Convergence Acceleration Solutions (CAS)<ref>{{cite news|title=Wipro acquires consulting firm Convergence Acceleration Solutions for $80 million|url=https://www.moneycontrol.com/news/business/wipro-acquires-consulting-firm-convergence-acceleration-solutions-for-80-million-8348961.html|access-date=12 January 2024|work=Moneycontrol|date=12 April 2022|language=en}}</ref> || United States || Consulting || align="right" | $80 million
|-
| 2022 || Rizing Intermediate Holdings<ref>{{cite news|last1=Ishwarbharath|first1=Sai|title=Wipro to acquire SAP Consulting firm Rizing for $540 million|url=https://economictimes.indiatimes.com/tech/information-tech/wipro-to-acquire-rizing-for-about-540-million/articleshow/91103364.cms|access-date=12 January 2024|work=The Economic Times|date=26 April 2022}}</ref> || United States || SAP consultancy || align="right" | $540 million
|-
| 2024 || Aggne Global<ref>{{cite news|title=Wipro to acquire US-based insurtech company Aggne Global for $66 million|url=https://www.moneycontrol.com/news/technology/wipro-to-acquire-us-based-insurtech-company-aggne-global-for-66-million-12260551.html|access-date=13 February 2024|work=Moneycontrol|date=13 Feb 2024|language=en}}</ref> || United States || Insurtech || align="right" | $66 million
|-
| 2024 || Applied Value Technologies (AVT)<ref>{{cite news |title=Wipro acquires IT consulting firm AVT for $40 mn |url=https://www.techcircle.in/2024/12/17/wipro-acquires-it-consulting-firm-avt-for-40mn |access-date=14 February 2025 |work=Techcircle |date=17 December 2024 |language=en}}</ref> || United States || Consulting || align="right" | $40 million
|}


In March 2021, Wipro acquired [[Capco]], a 22-year-old global technology and management consultancy specializing in driving digital transformation in the financial services industry.<ref>{{Cite news|title=India's Wipro to buy Capco for $1.45 billion – TechCrunch|language=en-US|work=TechCrunch|url=https://techcrunch.com/2021/03/04/wipro-capco/|access-date=2021-03-04|archive-date=4 March 2021|archive-url=https://web.archive.org/web/20210304171047/https://techcrunch.com/2021/03/04/wipro-capco/|url-status=live}}</ref>
==Listing and shareholding==
The deal was completed in April.<ref>{{Cite web|title=Wipro ups IT services revenue guidance to 8-10 per cent in June quarter|url=https://www.freepressjournal.in/business/wipro-to-buy-capco-for-145-bln-biggest-buyout-to-become-bolder-company|access-date=2021-05-04|website=The Indian Express|language=en|archive-date=4 May 2021|archive-url=https://web.archive.org/web/20210504122405/https://www.freepressjournal.in/business/wipro-to-buy-capco-for-145-bln-biggest-buyout-to-become-bolder-company|url-status=live}}</ref>
[[File:Wipro-logo-edited.png|thumb|upright=0.7|Wipro's logo from 1998 to 2017]]


Wipro has signed an agreement to acquire Ampion for a cash consideration of $117 million, according to an exchange filing.<ref>{{Cite news |url=https://www.bloombergquint.com/markets/wipro-agrees-to-buy-australian-cybersecurity-provider-stock-gains |title=Wipro Agrees To Buy Australian Cybersecurity Provider; Stock Gains |date=2021-04-01 |access-date=2021-08-18 |archive-date=17 April 2021 |archive-url=https://web.archive.org/web/20210417095250/https://www.bloombergquint.com/markets/wipro-agrees-to-buy-australian-cybersecurity-provider-stock-gains |url-status=live }}</ref>
Wipro's equity shares have been listed on [[Bombay Stock Exchange]] since 1946 and the [[National Stock Exchange of India]] where it is a constituent of the [[NIFTY 50]]. The [[American depositary receipt|American Depositary Shares]] of the company are listed on the [[New York Stock Exchange]] (NYSE) since October 2000.<ref>{{cite news |title=Wipro IPO rises 19 percent |url=https://money.cnn.com/2000/10/19/deals/wipro_ipo/ |access-date=4 August 2024 |work=CNN Money| date=19 October 2000}}</ref>


In December 2021, Wipro signed a definitive agreement to acquire LeanSwift, a system integrator of Infor products for customers across the Americas and Europe. The acquisition is subject to customary closing conditions and is expected to close before the end of the quarter ending March 31, 2022, Wipro stated in a BSE filing.<ref>{{Cite web|title=Wipro acquires US-based LeanSwift; to expand its cloud transformation biz|url=https://www.businesstoday.in/latest/corporate/story/wipro-acquires-us-based-leanswift-to-expand-its-cloud-transformation-biz-315781-2021-12-16|access-date=2021-12-16|website=Business Today|date=16 December 2021 |language=en|archive-date=16 December 2021|archive-url=https://web.archive.org/web/20211216115734/https://www.businesstoday.in/latest/corporate/story/wipro-acquires-us-based-leanswift-to-expand-its-cloud-transformation-biz-315781-2021-12-16|url-status=live}}</ref>
As of 2025, the promoter group headed by [[Azim Premji]] held a 72.67% stake in the company, while the remaining shares were with [[Public float|public shareholders]] and an [[employee trust]].<ref>{{cite news |title=Shareholding Pattern 2025 |url=https://www.wipro.com/content/dam/nexus/en/investor/shareholding-pattern/2025/june-13-2025.pdf |access-date=17 July 2025 |work=Wipro}}</ref> Since 2019, proceeds from the promoter group's 67% stake have been directed to the philanthropic activities of Azim Premji Foundation.<ref>{{cite news |title=Azim Premji commits Rs 1.45 lakh crore, 67 per cent Wipro stake to charity |url=https://www.indiatoday.in/business/story/azim-premji-wipro-shares-benefits-philanthropy-assets-1477361-2019-03-13 |access-date=25 July 2025 |work=India Today| date=13 March 2019}}</ref><ref>{{cite news |last1=Sood |first1=Varun |title=Azim Premji trusts get a share of his wealth, but not voting rights |url=https://www.livemint.com/companies/news/azim-premji-trusts-get-a-share-of-his-wealth-but-not-voting-rights-1552935688818.html |access-date=25 July 2025 |work=Mint |date=19 March 2019}}</ref>


In April 2022, Wipro signed a definitive agreement to acquire the [[Stamford, Connecticut]]-headquartered Systems Applications and Products (SAP) consulting company, Rizing Intermediate Holdings.<ref>{{Cite web |title=Wipro to acquire Rizing {{!}} Comms Business |url=https://www.commsbusiness.co.uk/news/wipro-to-acquire-rizing/ |access-date=2022-04-26 |website=www.commsbusiness.co.uk}}</ref>
==Employees==
 
As of March 2024, Wipro had 234,054 employees from 146 nationalities, out of which 36.6% were women. It had 26 offices in India and 58 offices in overseas locations.<ref name="AR2024">{{Cite web |title=Integrated Annual Report 2023-24 |url=https://www.wipro.com/content/dam/nexus/en/investor/annual-reports/2023-2024/integrated-annual-report-2023-24.pdf|access-date=20 August 2024|website=www.wipro.com}}</ref>
==Sustainability==
Wipro has committed to achieving [[carbon neutrality|net-zero emissions]] by 2040, with an intermittent goal of reducing emissions 55% by 2030.<ref>{{Cite news|url=https://www.business-standard.com/article/companies/wipro-aims-to-reach-net-zero-greenhouse-gas-emissions-by-2040-121042200982_1.html|title = Wipro aims to reach net-zero greenhouse gas emissions by 2040|newspaper = Business Standard India|date = 22 April 2021|agency = Press Trust of India}}</ref> In October 2021, Wipro's Net Zero plans were certified by the Science-based Targets Initiative.<ref>{{Cite news|url=https://www.reuters.com/business/cop/first-reality-check-launched-corporate-climate-claims-2021-10-27/|title=First reality check launched for corporate climate claims|newspaper=Reuters|date=28 October 2021|last1=Nasralla|first1=Shadia}}</ref>
 
==Listing and shareholding==
'''Listing''': Wipro's initial public offering was in 1946. Wipro's equity shares are listed on [[Bombay Stock Exchange]], where it is a constituent of the [[BSE SENSEX]] index,<ref name="Scripwise Weightages in S&P BSE SENSEX"/> and the [[National Stock Exchange of India]] where it is a constituent of the [[S&P CNX Nifty]].<ref name="Download List of CNX Nifty stocks (.csv)"/> The [[American depositary receipt|American Depositary Shares]] of the company are listed on the [[New York Stock Exchange]] (NYSE) since October 2000.<ref name="SECForm20F"/>


'''Shareholding''': The table provides the share holding pattern as of 31 March 2022.<ref>{{Cite web|url=https://www.wipro.com/investors/shareholding-pattern/|title = Shareholding Pattern - Wipro}}</ref>
List of CEOs since 1981:<ref>{{cite news |title=Changes stir hopes of stability at Wipro |url=https://www.business-standard.com/article/companies/changes-stir-hopes-of-stability-at-wipro-115040701191_1.html |access-date=16 July 2024 |work=Business Standard |date=7 April 2015}}</ref>


{| class="wikitable"
{| class="wikitable"
|-
|-
! Shareholders (as on March 31, 2022)!! Shareholding
! CEO
! Tenure
|-
| Ashok Narasimhan
| 1981–1988
|-
|-
| [[Corporate promoter|Promoter]] group led by Azim Premji||73%
| Ashok Soota
| 1991–1999
|-
|-
| Foreign Institutional Investors||9%
| [[Vivek Paul]]<ref>{{Cite web |last=Wright |first=Robert |date=6 August 2005 |title=Vivek Paul Leaves Wipro |url=https://www.crn.com/features/channel-programs/166403051/vivek-paul-leaves-wipro |website=CRN}}</ref>
| 1999–2005
|-
|-
| Domestic Institutional Investors||3%
| [[Azim Premji]]
| 2005–2008
|-
|-
| Non-Institutions (Retail)|| 6%
| [[Girish Paranjpe]] and [[Suresh Vaswani]]<ref>{{Cite news |date=2011-02-24 |title=Wipro's ex-CEOs Paranjpe & Vaswani get Rs 7 crore each as severance amount |url=https://economictimes.indiatimes.com/tech/software/wipros-ex-ceos-paranjpe-vaswani-get-rs-7-crore-each-as-severance-amount/articleshow/7558756.cms?from=mdr |access-date=2025-05-09 |work=The Economic Times |issn=0013-0389}}</ref>
| 2008–2011
|-
|-
| Overseas Depositories|| 3%
| T. K. Kurien<ref>{{Cite web |date=2011-01-21 |title=Wipro appoints T K Kurien as CEO |url=https://www.businesstoday.in/management/leadership/story/wipro-ceos-to-step-down-kurien-new-ceo-wef-feb-1-20163-2011-01-21 |access-date=2025-04-28 |website=Business Today |language=en}}</ref>
| 2011–2016
|-
|-
| Other Public Shareholding|| 6%
| [[Abidali Neemuchwala]]<ref>{{Cite web |title=Wipro Names Abidali Neemuchwala As Its New CEO |url=https://www.forbesindia.com/article/special/wipro-names-abidali-neemuchwala-as-its-new-ceo/41837/1 |access-date=2025-04-28 |website=Forbes India |language=en}}</ref><ref>{{Cite news |last=Mendonca |first=Jochelle |date=2020-02-01 |title=Wipro CEO Abidali Neemuchwala steps down |url=https://economictimes.indiatimes.com/tech/ites/wipro-ceo-abidali-neemuchwala-steps-down/articleshow/73788777.cms?from=mdr |access-date=2025-04-28 |work=The Economic Times |issn=0013-0389}}</ref>
| 2016–2020
|-
|-
|Employee trust||0.29%
| Thierry Delaporte<ref>{{Cite web |last=Suresh |first=Haripriya |last2=Ishwarbharath B |first2=Sai |date=6 April 2024 |title=Wipro CEO Delaporte resigns; to be replaced by veteran insider |url=https://www.reuters.com/technology/wipro-ceo-thierry-delaporte-resigns-2024-04-06/ |access-date=28 April 2025 |website=Reuters}}</ref>
| 2020–2024
|-
| Srini Pallia<ref>{{Cite web |title=Wipro Ropes In Srini Pallia As CEO: Who Is He? |url=https://www.bwmarketingworld.com/article/wipro-ropes-in-srini-pallia-as-ceo-who-is-he-516317 |access-date=2025-04-17 |website=BW Marketing World |language=en}}</ref>
| 2024–present
|}


|}
==Sponsorships==
* Wipro, as a member of the [[Electronic City]] Industries Association, partly funded the construction of the 9-km [[Electronic City Elevated Expressway]] in Bangalore which opened in 2010.<ref>{{cite news |title=Infy, Wipro to part-fund Bangalore expressway |url=https://www.rediff.com/money/report/bangalore/20040928.htm |access-date=18 July 2024 |work=Rediff |language=en}}</ref>


==Employees==
* Wipro has been the title sponsor of the [[San Francisco Marathon]],<ref>{{cite news |title=Wipro to be title sponsor of San Francisco Marathon |url=https://www.business-standard.com/article/companies/wipro-to-be-title-sponsor-of-san-francisco-marathon-112041800134_1.html |access-date=18 July 2024 |work=Business Standard|date=18 April 2012}}</ref> [[Chennai Marathon]],<ref>{{cite news |last1=Connolly |first1=Eoin |title=Wipro to title sponsor first ever Chennai Marathon |url=https://www.sportspromedia.com/news/wipro_to_title_sponsor_first_ever_chennai_marathon/ |access-date=18 July 2024 |work=SportsPro |date=18 September 2012}}</ref> and [[Bengaluru Marathon]] at different times.<ref>{{cite news |title=Wipro's fitness push: Tech giant all set to sponsor Bengaluru Marathon |url=https://www.moneycontrol.com/news/business/companies/wipros-fitness-push-tech-giant-all-set-to-sponsor-bengaluru-marathon-10656391.html |access-date=18 July 2024 |work=Moneycontrol|date=25 May 2023}}</ref>
On 6 July 2020, Thierry Delaporte took over from [[Abidali Neemuchwala]] as the new CEO of Wipro.<ref>{{cite news|url=https://economictimes.indiatimes.com/tech/internet/capgeminis-thierry-delaporte-to-be-wipros-new-ceo-and-md/articleshow/76083215.cms|title=Wipro New CEO: Capgemini's Thierry Delaporte to be Wipro's new CEO and MD - The Economic Times|newspaper=Economic Times|date=29 May 2020|access-date=29 May 2020|archive-date=29 May 2020|archive-url=https://web.archive.org/web/20200529192826/https://economictimes.indiatimes.com/tech/internet/capgeminis-thierry-delaporte-to-be-wipros-new-ceo-and-md/articleshow/76083215.cms|url-status=live}}</ref> Abidali Neemuchwala was appointed as Wipro's CEO after [[T. K. Kurien]] stepped down in early 2016. Neemuchwala, who had been group president and CEO from April 2015, was appointed CEO with effect from 1 February 2016.<ref>{{cite news |last1=Jan 2 Shilpa Phadnis / TNN / |title=Wipro news: Wipro restructuring leads to many exits at the top {{!}} India Business News - Times of India |url=https://timesofindia.indiatimes.com/business/india-business/wipro-restructuring-leads-to-many-exits-at-the-top/articleshow/80553558.cms |work=The Times of India |language=en |access-date=15 February 2021 |archive-date=29 January 2021 |archive-url=https://web.archive.org/web/20210129143559/https://timesofindia.indiatimes.com/business/india-business/wipro-restructuring-leads-to-many-exits-at-the-top/articleshow/80553558.cms |url-status=live }}</ref><ref>{{Cite news
| url = http://www.thehindu.com/business/Industry/wipro-names-abid-ali-neemuchwala-as-ceo/article8064911.ece
| title = Wipro names Abid Ali Neemuchwala as CEO
| date = 4 January 2016
| newspaper = The Hindu
| language = en-IN
| issn = 0971-751X
| access-date = 22 May 2016
| archive-url = https://web.archive.org/web/20161107100117/http://www.thehindu.com/business/Industry/wipro-names-abid-ali-neemuchwala-as-ceo/article8064911.ece
| archive-date = 7 November 2016
| url-status=live
}}
</ref> In 2022, Wipro fired 300 employees who were moonlighting for competitors.<ref>{{Cite web |last=Service |first=Tribune News |title=Wipro toughens stand on moonlighting, fires 300 employees for taking up secondary job after work |url=https://www.tribuneindia.com/news/business/wipro-toughens-stand-on-moonlighting-fires-300-employees-for-taking-up-secondary-job-after-work-433984 |access-date=2022-09-22 |website=Tribuneindia News Service |language=en}}</ref>


==Awards and recognitions==
==Criticism==
* Wipro received the National award for excellence in [[Corporate Governance]] from the [[Institute of Company Secretaries of India]] during the year 2004.<ref name="Corporate governance award for Wipro"/>
===Embezzlement case===
* Wipro honored as 2010 Microsoft Country Partner of the Year Award for India.<ref>{{cite news|url = https://economictimes.indiatimes.com/tech/software/wipro-bags-microsoft-country-partner-award-for-india/articleshow/6102713.cms|title = Wipro bags microsoft country partner award for India|newspaper = The Economic Times|language = en|access-date = 27 September 2019|archive-date = 27 September 2019|archive-url = https://web.archive.org/web/20190927052653/https://economictimes.indiatimes.com/tech/software/wipro-bags-microsoft-country-partner-award-for-india/articleshow/6102713.cms|url-status = live}}</ref>
In December 2009, Wipro discovered that a junior employee had embezzled $4 million from the company, prompting an investigation by the [[US Securities and Exchange Commission]] (SEC) into the company's internal financial controls. In December 2016, Wipro settled the case by paying a $5 million penalty, without admitting or denying SEC's allegations that its controls were deficient.<ref>{{cite news |url=https://www.deccanchronicle.com/business/companies/241216/wipro-settles-us-case-with-5-million-fine.html |title=Wipro settles US case with $5 million fine |work=Deccan Chronicle |date=24 December 2016 |access-date=22 September 2025}}</ref><ref>{{cite news |title=Wipro agrees to pay $5 million to SEC to settle six-year-old case |url=https://www.livemint.com/Companies/9qqvQpQ5jbZ6TCv4SpZYxH/Wipro-agrees-to-pay-5-million-to-SEC-to-settle-sixyearold.html |access-date=17 October 2025 |work=Mint |date=23 December 2016 |language=en}}</ref>
* Wipro received the '[[NASSCOM]] Corporate Award for Excellence in [[Cultural diversity|Diversity]] and Inclusion, 2012', in the category 'Most Effective Implementation of Practices & Technology for [[Disability|Persons with Disabilities]]'.<ref name="6 ways to ensure inclusivity and diversity at workplaces"/>
* Wipro was ranked second in the Newsweek 2012 Global 500 Green companies.<ref name="13 Indian firms in Newsweek's global green; Wipro no.2"/>
* In 2014, Wipro was ranked 52nd among India's most trusted brands according to the Brand Trust Report, a study conducted by Trust Research Advisory.<ref>{{cite web|url = http://www.trustadvisory.info/allindia_2014.html|title = India's Most Trusted Brands 2014|url-status = dead|archive-url = https://web.archive.org/web/20150502221904/http://www.trustadvisory.info/allindia_2014.html|archive-date = 2 May 2015|df = dmy-all}} {{Webarchive|url=https://web.archive.org/web/20150502221904/http://www.trustadvisory.info/allindia_2014.html |date=2 May 2015 }}</ref>
* Wipro won seven awards, including Best Managed IT Services and Best System Integrator in the CIO Choice Awards 2015, India<ref>{{cite news|url =http://www.business-standard.com/article/news-ani/wipro-wins-seven-awards-at-cio-choice-honor-and-recognition-2015-115021901062_1.html|title =Wipro won 7 awards, including Best Managed IT Services and Best System Integrator in the CIO Choice Awards 2015, India'|newspaper =Business Standard India|date =19 February 2015|archive-url =https://web.archive.org/web/20150929164533/http://www.business-standard.com/article/news-ani/wipro-wins-seven-awards-at-cio-choice-honor-and-recognition-2015-115021901062_1.html|archive-date =29 September 2015|url-status=live}}</ref>
* Wipro won Gold Award for ‘Integrated Security Assurance Service (iSAS)’ under the ‘Vulnerability Assessment, Remediation and Management’ category of the 11th Annual 2015 Info Security PG's Global Excellence Awards.<ref>{{cite web|url =http://www.infosecurityproductsguide.com/world/|title =Wipro won Gold Award for 'Integrated Security Assurance Service (iSAS)'|archive-url =https://web.archive.org/web/20180330183151/http://www.infosecurityproductsguide.com/world/|archive-date =30 March 2018|url-status=dead|df =dmy-all}}</ref>
* In May 2016, it was ranked 755th on the [[Forbes Global 2000]] list.<ref name="Wipro on Forbes Global 2000"/>
* In March 2017, Wipro was recognized as one of the world's most ethical companies by US-based [[Ethisphere Institute]] for the sixth consecutive year.<ref>{{cite web|url =http://asianlite.com/business/wipro-voted-worlds-most-ethical-firm/|title =Wipro Voted World's Most Ethical Firm|date =10 March 2015|archive-url =https://web.archive.org/web/20150315021947/http://asianlite.com/business/wipro-voted-worlds-most-ethical-firm/|archive-date =15 March 2015|url-status=live}}</ref><ref name="hindustantimes"/><ref name="indiainfoline"/><ref>{{cite web|url =http://ethisphere.com/ethisphere-announces-2017-worlds-most-ethical-companies/|title =Ethisphere Announces 2017 World's Most Ethical Companies|date =13 March 2017|archive-url =https://web.archive.org/web/20170318083926/http://ethisphere.com/ethisphere-announces-2017-worlds-most-ethical-companies/|archive-date =18 March 2017|url-status=live}}</ref>
* In 2018, Wipro received [[Association for Talent Development|ATD]]'s Best of the BEST Award.<ref>{{cite web|url = https://www.td.org/magazines/td-magazine/atds-2018-best-award-winners-revealed|title = ATD's 2018 BEST Award Winners Revealed|website = ATD|language = en|access-date = 17 September 2019|archive-date = 30 December 2018|archive-url = https://web.archive.org/web/20181230142202/https://www.td.org/magazines/td-magazine/atds-2018-best-award-winners-revealed|url-status = live}}</ref>
* In 2021 Wipro awarded boomi worldwide spotlight award <ref>{{Cite web |date=2022-02-05 |title=Wipro Awarded Boomi Worldwide Spotlight Award 2021 IT Voice {{!}} Online IT Media {{!}} IT Magazine |url=https://www.itvoice.in/wipro-awarded-boomi-worldwide-spotlight-award-2021 |access-date=2022-09-28 |website=IT Voice {{!}} Online IT Media {{!}} IT Magazine |language=en-US}}</ref>


==See also==
===Discrimination lawsuit===
In 2020, five former employees in the US filed a class-action lawsuit in a New Jersey court accusing Wipro of [[employment discrimination]] against individuals who were not of [[South Asian]] or Indian origin, alleging that more than 80% of the company's 14,000 employees in the US were of South Asian origin.<ref>{{cite news|title=Five former employees file class action lawsuit against Wipro in US|url=https://www.financialexpress.com/industry/five-former-employees-file-class-action-lawsuit-against-wipro-in-us/1941913/|work=The Financial Express|date=27 April 2020}}</ref>


* [[List of public listed software companies of India]]
===Salary offer cuts===
* [[List of IT consulting firms]]
In February 2023, Wipro faced criticism for reducing the annual salary package offered to around 4,000 graduate hires by nearly 50%. Wipro stated that the original offers stood and the optional revised offers provided an opportunity to join the company immediately.<ref>{{Cite news|url=https://www.ndtv.com/india-news/wipro-cuts-salary-offers-to-freshers-by-almost-50-sparks-criticism-3802978|title="Unjust, Unacceptable": Anger After Wipro Cuts Salary Offers To Freshers|website=NDTV|access-date=20 August 2024}}</ref><ref>{{Cite news|url=https://www.bbc.com/news/world-asia-india-64728508|title=Wipro: Pay cut shock for new hires at India IT giant|website=BBC|access-date=20 August 2024}}</ref>
* [[List of IT companies in India]]
* [[List of companies of India]]


==References==
==References==
{{reflist|refs=
<references>
 
<!-- <ref name="Company profile for Wipro">{{cite news | work = Reuters | title = Company profile for Wipro | url = http://in.reuters.com/finance/stocks/companyProfile?symbol=WIT.N | access-date = 16 July 2012 | archive-url = https://web.archive.org/web/20130704211250/http://in.reuters.com/finance/stocks/companyProfile?symbol=WIT.N | archive-date = 4 July 2013 | url-status=dead }}</ref>-->
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<ref name="Azim Premji says son Rishad will never be CEO of Wipro">{{cite news |url=http://www.indianexpress.com/news/azim-premji-says-son-rishad-will-never-be-ceo-of-wipro/1063722/ |title=Azim Premji says son Rishad will never be CEO of Wipro |newspaper=Indian Express |date=23 January 2013 |access-date=16 November 2013 |archive-url=https://web.archive.org/web/20140105220235/http://www.indianexpress.com/news/azim-premji-says-son-rishad-will-never-be-ceo-of-wipro/1063722 |archive-date=5 January 2014 |url-status=live }}</ref>
 
<ref name="Billionaire Profile: Azim Premji">{{cite web | publisher = Mens XP | title = Billionaire Profile: Azim Premji | date = 23 June 2011 | url = http://www.mensxp.com/work-life/leadership/10244-billionaire-profile-azim-premji.html | access-date = 14 November 2013 | archive-url = https://web.archive.org/web/20131012034942/http://www.mensxp.com/work-life/leadership/10244-billionaire-profile-azim-premji.html | archive-date = 12 October 2013 | url-status=live }}</ref>
 
<ref name="Company profile for Wipro">{{cite news | work = Reuters | title = Company profile for Wipro | url = http://in.reuters.com/finance/stocks/companyProfile?symbol=WIT.N | access-date = 16 July 2012 | archive-url = https://web.archive.org/web/20130704211250/http://in.reuters.com/finance/stocks/companyProfile?symbol=WIT.N | archive-date = 4 July 2013 | url-status=dead }}</ref>
 
<ref name="Corporate governance award for Wipro">{{cite news |url=http://www.hindu.com/2004/12/21/stories/2004122103160500.htm |title=Corporate governance award for Wipro |date=21 December 2004 |access-date=16 November 2013 |archive-url=https://web.archive.org/web/20130326015608/http://www.hindu.com/2004/12/21/stories/2004122103160500.htm |archive-date=26 March 2013 |newspaper=[[The Hindu]] |url-status=dead }}</ref>
 
<ref name="Download List of CNX Nifty stocks (.csv)">{{cite web |url=http://www.nseindia.com/content/indices/ind_niftylist.csv |title=Download List of CNX Nifty stocks (.csv) |publisher=NSE India |access-date=16 November 2013 |archive-url=https://web.archive.org/web/20131013143407/http://www.nseindia.com/content/indices/ind_niftylist.csv |archive-date=13 October 2013 |url-status=live }} {{Webarchive|url=https://web.archive.org/web/20131013143407/http://www.nseindia.com/content/indices/ind_niftylist.csv |date=13 October 2013 }}</ref>


<ref name="Financial Express">{{cite web|work=The Financial Express |title=Wipro acquires 45 per cent of Wipro Net from KPN Telecom |url=http://www.financialexpress.com/old/fe/daily/20001221/fex21078.html |url-status=dead |archive-url=https://web.archive.org/web/20130522040818/http://www.financialexpress.com/old/fe/daily/20001221/fex21078.html |archive-date=22 May 2013 }}</ref>
<ref name="Financial Express">{{cite web|work=The Financial Express |title=Wipro acquires 45 per cent of Wipro Net from KPN Telecom |url=http://www.financialexpress.com/old/fe/daily/20001221/fex21078.html |url-status=dead |archive-url=https://web.archive.org/web/20130522040818/http://www.financialexpress.com/old/fe/daily/20001221/fex21078.html |archive-date=22 May 2013 }}</ref>
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<ref name="NPHistory">{{cite web |url=http://www.ndtv.com/photos/business/wipro-from-a-vegetable-oil-maker-to-an-it-major-14100 |title=Wipro: From a vegetable oil maker to an IT major |publisher=NDTV Profit |access-date=15 November 2013 |archive-url=https://web.archive.org/web/20131017190802/http://www.ndtv.com/photos/business/wipro-from-a-vegetable-oil-maker-to-an-it-major-14100 |archive-date=17 October 2013 |url-status=live }}</ref>
<ref name="NPHistory">{{cite web |url=http://www.ndtv.com/photos/business/wipro-from-a-vegetable-oil-maker-to-an-it-major-14100 |title=Wipro: From a vegetable oil maker to an IT major |publisher=NDTV Profit |access-date=15 November 2013 |archive-url=https://web.archive.org/web/20131017190802/http://www.ndtv.com/photos/business/wipro-from-a-vegetable-oil-maker-to-an-it-major-14100 |archive-date=17 October 2013 |url-status=live }}</ref>


<ref name="SECForm20F">{{cite web |url=https://www.sec.gov/Archives/edgar/data/1123799/000119312513256124/d548270d20f.htm |title=Form 20F |publisher=SEC.gov |date=12 June 2013 |access-date=17 November 2013 |archive-url=https://web.archive.org/web/20150924125643/http://www.sec.gov/Archives/edgar/data/1123799/000119312513256124/d548270d20f.htm |archive-date=24 September 2015 |url-status=live }}</ref>
<ref name="Wipro hives off non-IT business into separate company">{{cite web | title = Wipro hives off non-IT business into separate company | url = http://articles.economictimes.indiatimes.com/2012-11-01/news/34857892_1_equity-shares-demerger-scheme-demerger-plan | work = The Economic Times | date = 1 November 2012 | access-date = 15 November 2013 | archive-url = https://web.archive.org/web/20131105091908/http://articles.economictimes.indiatimes.com/2012-11-01/news/34857892_1_equity-shares-demerger-scheme-demerger-plan | archive-date = 5 November 2013 | url-status=dead }}</ref>
 
<ref name="Scripwise Weightages in S&P BSE SENSEX">{{cite web |url=http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE30&index_Code=16 |title=Scripwise Weightages in S&P BSE SENSEX |publisher=BSE India |access-date=16 November 2013 |archive-url=https://web.archive.org/web/20151201094728/http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE30&index_Code=16 |archive-date=1 December 2015 |url-status=dead }} {{Webarchive|url=https://web.archive.org/web/20151201094728/http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE30&index_Code=16 |date=1 December 2015 }}</ref>
 
<ref name="Wipro demerger scheme comes into effect">{{cite news | title = Wipro demerger scheme comes into effect | url = http://articles.timesofindia.indiatimes.com/2013-04-02/strategy/38217443_1_record-date-non-it-businesses-wipro-enterprises | date = 2 April 2013 | access-date = 15 November 2013 | archive-url = https://web.archive.org/web/20131105133455/http://articles.timesofindia.indiatimes.com/2013-04-02/strategy/38217443_1_record-date-non-it-businesses-wipro-enterprises | archive-date = 5 November 2013 | newspaper = [[The Times of India]] | url-status=dead }}</ref>
 
<ref name="Wipro hives off non-IT business into separate company">{{cite web | title = Wipro hives off non-IT business into separate company | url = http://articles.economictimes.indiatimes.com/2012-11-01/news/34857892_1_equity-shares-demerger-scheme-demerger-plan | work = The Economic Times | date = 1 November 2012 | access-date = 15 November 2013 | archive-url = https://web.archive.org/web/20131105091908/http://articles.economictimes.indiatimes.com/2012-11-01/news/34857892_1_equity-shares-demerger-scheme-demerger-plan | archive-date = 5 November 2013 | url-status=live }}</ref>
 
<ref name="Wipro on Forbes Global 2000">{{cite web |url=https://www.forbes.com/companies/wipro/ |title=Wipro on Forbes Global 2000 |work=Forbes |date=May 2013 |access-date=16 November 2013 |archive-url=https://web.archive.org/web/20131123020225/http://www.forbes.com/companies/wipro/ |archive-date=23 November 2013 |url-status=live }}</ref>
 
<ref name="Wipro to demerge non-IT businesses">{{cite news |url=http://www.business-standard.com/article/companies/wipro-to-demerge-non-it-businesses-112110100130_1.html |title=Wipro to demerge non-IT businesses |newspaper=Business Standard |date=1 November 2012 |access-date=17 November 2013 |archive-url=https://web.archive.org/web/20140505165034/http://www.business-standard.com/article/companies/wipro-to-demerge-non-it-businesses-112110100130_1.html |archive-date=5 May 2014 |url-status=live }}</ref>
 
<ref name="Wipro's Scheme of Arrangement for Demerger Effective from 31 March 2013">{{cite web | title = Wipro's Scheme of Arrangement for Demerger Effective from March 31, 2013 | url = http://www.wipro.com/newsroom/Wipros-Scheme-of-Arrangement-for-Demerger-Effective-from-March-31-2013 | publisher = Wipro | date = 2 April 2013 | access-date = 15 November 2013 | archive-url = https://web.archive.org/web/20140426232540/http://www.wipro.com/newsroom/Wipros-Scheme-of-Arrangement-for-Demerger-Effective-from-March-31-2013 | archive-date = 26 April 2014 | url-status=live }}</ref>
 
<ref name="hindustantimes">{{cite web |url=http://www.hindustantimes.com/business-news/tata-steel-wipro-among-world-s-most-ethical/article1-827198.aspx |title=Tata Steel, Wipro among world's most ethical |publisher=Hindustan Times |date=18 March 2012 |access-date=16 November 2013 |archive-url=https://web.archive.org/web/20140505174141/http://www.hindustantimes.com/business-news/tata-steel-wipro-among-world-s-most-ethical/article1-827198.aspx |archive-date=5 May 2014 |url-status=dead }} {{Webarchive|url=https://web.archive.org/web/20140505174141/http://www.hindustantimes.com/business-news/tata-steel-wipro-among-world-s-most-ethical/article1-827198.aspx |date=5 May 2014 }}</ref>
 
<ref name="indiainfoline">{{cite web |url=http://www.indiainfoline.com/Markets/News/Wipro-Worlds-Most-Ethical-company-Ethisphere-Institute/5632220055 |title=Wipro World's Most Ethical company : Ethisphere Institute |publisher=indiainfoline.com |date=7 March 2013 |access-date=16 November 2013 |archive-url=https://web.archive.org/web/20140505172345/http://www.indiainfoline.com/Markets/News/Wipro-Worlds-Most-Ethical-company-Ethisphere-Institute/5632220055 |archive-date=5 May 2014 |url-status=live }}</ref>


<ref name="moneycontrol-wipro-history">{{cite web | title = Company History of Wipro | url = http://www.moneycontrol.com/company-facts/wipro/history/W | publisher = Money Control | access-date = 15 November 2013 | archive-url = https://web.archive.org/web/20131113082014/http://www.moneycontrol.com/company-facts/wipro/history/W | archive-date = 13 November 2013 | url-status=live }}</ref>
<ref name="moneycontrol-wipro-history">{{cite web | title = Company History of Wipro | url = http://www.moneycontrol.com/company-facts/wipro/history/W | publisher = Money Control | access-date = 15 November 2013 | archive-url = https://web.archive.org/web/20131113082014/http://www.moneycontrol.com/company-facts/wipro/history/W | archive-date = 13 November 2013 | url-status=live }}</ref>
 
</references>
}}


==External links==
==External links==
{{Commons category}}
{{Commons category}}
* {{Finance links
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* {{Official website|https://wipro.bimedis.com/|mobile=http://m.wipro.com}}
 
{{ finance links
{{Navboxes
| name = Wipro Limited
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| sec_cik = 1123799
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[[Category:Wipro| ]]
[[Category:Wipro]]
[[Category:Indian companies established in 1945]]
[[Category:Consulting firms established in 1945]]
[[Category:Consulting firms established in 1945]]
[[Category:Business services companies established in 1945]]
[[Category:Business services companies established in 1945]]
[[Category:Conglomerate companies established in 1945]]
[[Category:Conglomerate companies established in 1945]]
[[Category:Software companies of India]]
[[Category:Software companies of India]]
[[Category:Outsourcing companies]]
[[Category:Personal care companies]]
[[Category:Business process outsourcing companies of India]]
[[Category:Business process outsourcing companies of India]]
[[Category:Companies based in Bangalore]]
[[Category:International information technology consulting firms]]
[[Category:International information technology consulting firms]]
[[Category:Information technology consulting firms of India]]
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[[Category:Outsourcing in India]]
[[Category:Computer companies of India]]
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[[Category:Companies based in Karnataka]]
[[Category:Companies listed on the National Stock Exchange of India]]
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[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the Bombay Stock Exchange]]
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[[Category:Companies listed on the New York Stock Exchange]]
[[Category:NIFTY 50]]
[[Category:Multinational companies headquartered in India]]

Latest revision as of 16:31, 10 March 2026


Wipro Limited
Wipro
Formerly
Western India Vegetable Products Limited (1945–1977)
Wipro Products Limited (1977–1982)
Traded as
ISINTemplate:ISIN
IndustryInformation technology
Consulting
Outsourcing
Founded29 December 1945; 80 years ago (29 December 1945)
Founder(s)MH Hasham Premji
Headquarters
Bengaluru, Karnataka
,
India
Area served
Worldwide
Key people
Rishad Premji
(Executive chairman)
Srini Pallia
(CEO)
Services
RevenueIncrease ₹92,972 crore (US$13 billion) (2025)
Increase ₹17,495 crore (US$2.5 billion) (2025)
Increase ₹13,218 crore (US$1.9 billion) (2025)
Total assetsIncrease ₹128,185 crore (US$18 billion) (2025)
Total equityIncrease ₹82,577 crore (US$12 billion) (2025)
OwnerAzim Premji (72.67%)[1]
Number of employees
242,021 (December 2025)[2]
Subsidiaries
Websitewww.wipro.com
Footnotes / references
Financials as of 31 March 2025.[3]

Wipro Limited (/ˈwɪproʊ/ (About this soundlisten)) is an Indian multinational technology company based in Bengaluru. It provides information technology, consulting and business process services, and is one of India's Big Six IT services companies. Wipro's services include cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technologies.[4]

History[edit | edit source]

Early years[edit | edit source]

The company was incorporated on 29 December 1945 in Amalner by MH Hasham Premji as Western India Vegetable Products Limited, a manufacturer of cooking oils.[5][6] In 1966, after Hasham Premji's death, his son Azim Premji took over as chairperson at age 21.[7]

The company changed its name to Wipro Products Limited in 1977, followed by Wipro Limited, a syllabic abbreviation of the original name, in 1982.[6]

Shift to IT[edit | edit source]

In the 1980s, recognizing opportunities in computer hardware and software, the company established subsidiaries Wipro Infotech and Wipro Systems. In 1981, Wipro developed the first Indian minicomputer based on the Intel 8086 chip in an IISc lab.[8][9] The software division began in 1984 with the development of a spreadsheet and word-processing suite but shifted to offshore software development in 1990.[10]

By the mid-1990s, Wipro had become one of India's leading manufacturers of personal computers, peripherals, and medical diagnostic equipment.[11] In 1998, the company reported being the second-largest software exporter from India,[12] and gradually increased its focus on the higher-margin software services business which accounted for the vast majority of its profits.[13]

During the dot-com boom of the early 2000s, Wipro became the largest company in India by market capitalization, reaching a value three times that of the next largest listed company, Infosys. Consequently, Wipro's majority shareholder Azim Premji was the richest Indian for five consecutive years.[14][15]

In 2004, Wipro became the second listed Indian IT company to report annual revenues exceeding US$1 billion.[16] By 2006, approximately 30% of its total revenue came from product engineering R&D services.[17]

In 2007, Wipro introduced a line of supercomputers known as Wipro Supernova.[18] In 2011, Wipro, in collaboration with the Indian Space Research Organisation (ISRO), developed India's then-fastest supercomputer, SAGA-220, which was deployed at the Vikram Sarabhai Space Centre.[19][20]

In 2012, Wipro demerged its non-IT businesses into a new private company named Wipro Enterprises.[21] Prior to this demerger, these businesses—primarily in consumer care, lighting, furniture, hydraulics, water treatment, and medical diagnostics—accounted for about 14% of Wipro's total revenues.[22]

In 2014, Wipro set up its design and mobility services business division called Wipro Digital.[23] In 2015, Wipro established its strategic investment arm–Wipro Ventures–to invest in early- and mid-stage enterprise software startups and venture capital funds in the US, India and Israel.[24][25]

In 2021, Wipro reported that a third of its workforce was engaged in cloud projects, and announced a $1 billion investment in its FullStride Cloud Services vertical.[26]

Operations[edit | edit source]

Wipro serves clients in industries such as financial services, healthcare, manufacturing, retail, and telecommunications. As of 2025, its service offerings are divided under four global business lines (GBLs), each having different leaders:[27][28]

Acquisitions[edit | edit source]

Year Company Country Industry Acquisition cost
2002 Spectramind[29] India Business process outsourcing $83 million
2005 NewLogic[30] Austria Semiconductor design services €47 million
2006 cMango[31] United States Technology $20 million
2006 Enabler[32] Portugal Consulting €41 million
2007 Infocrossing[33] United States Infrastructure management services $600 million
2008 Citi Technology Services[34] United States Technology $127 million
2012 Promax Applications Group[35] Australia Analytics A$35 million
2014 Atco I-Tek[36] Canada Technology C$210 million
2015 Designit[37] Denmark Design consultancy €85 million
2015 Cellent[38] Germany Consulting €73 million
2016 HealthPlan Services[39] United States Healthcare technology $460 million
2016 Appirio[40] United States Cloud services $500 million
2019 International TechneGroup Inc (ITI)[41] United States Engineering services $45 million
2020 4C[42] Belgium Salesforce partner €68 million
2020 Rational Interaction[43] United States Digital customer experience consultancy Undisclosed
2021 Eximius Design[44] United States Semiconductor engineering services $80 million
2021 Capco[45] United States Technology management consultancy $1.45 billion
2021 Ampion[46] Australia Cybersecurity $117 million
2021 LeanSwift[47] United States Cloud transformation $21 million
2021 Edgile[48] United States Cybersecurity $230 million
2022 Convergence Acceleration Solutions (CAS)[49] United States Consulting $80 million
2022 Rizing Intermediate Holdings[50] United States SAP consultancy $540 million
2024 Aggne Global[51] United States Insurtech $66 million
2024 Applied Value Technologies (AVT)[52] United States Consulting $40 million

Listing and shareholding[edit | edit source]

Wipro's logo from 1998 to 2017

Wipro's equity shares have been listed on Bombay Stock Exchange since 1946 and the National Stock Exchange of India where it is a constituent of the NIFTY 50. The American Depositary Shares of the company are listed on the New York Stock Exchange (NYSE) since October 2000.[53]

As of 2025, the promoter group headed by Azim Premji held a 72.67% stake in the company, while the remaining shares were with public shareholders and an employee trust.[54] Since 2019, proceeds from the promoter group's 67% stake have been directed to the philanthropic activities of Azim Premji Foundation.[55][56]

Employees[edit | edit source]

As of March 2024, Wipro had 234,054 employees from 146 nationalities, out of which 36.6% were women. It had 26 offices in India and 58 offices in overseas locations.[57]

List of CEOs since 1981:[58]

CEO Tenure
Ashok Narasimhan 1981–1988
Ashok Soota 1991–1999
Vivek Paul[59] 1999–2005
Azim Premji 2005–2008
Girish Paranjpe and Suresh Vaswani[60] 2008–2011
T. K. Kurien[61] 2011–2016
Abidali Neemuchwala[62][63] 2016–2020
Thierry Delaporte[64] 2020–2024
Srini Pallia[65] 2024–present

Sponsorships[edit | edit source]

Criticism[edit | edit source]

Embezzlement case[edit | edit source]

In December 2009, Wipro discovered that a junior employee had embezzled $4 million from the company, prompting an investigation by the US Securities and Exchange Commission (SEC) into the company's internal financial controls. In December 2016, Wipro settled the case by paying a $5 million penalty, without admitting or denying SEC's allegations that its controls were deficient.[70][71]

Discrimination lawsuit[edit | edit source]

In 2020, five former employees in the US filed a class-action lawsuit in a New Jersey court accusing Wipro of employment discrimination against individuals who were not of South Asian or Indian origin, alleging that more than 80% of the company's 14,000 employees in the US were of South Asian origin.[72]

Salary offer cuts[edit | edit source]

In February 2023, Wipro faced criticism for reducing the annual salary package offered to around 4,000 graduate hires by nearly 50%. Wipro stated that the original offers stood and the optional revised offers provided an opportunity to join the company immediately.[73][74]

References[edit | edit source]

  1. ↑ "Bloomberg Billionaires Index - Azim Premji". Bloomberg.com. Archived from the original on 29 May 2019. Retrieved 28 May 2019.
  2. ↑ "Wipro's headcount increases by 6,529 employees in Q3FY26". Moneycontrol. 10 March 2026. Retrieved 25 July 2025.
  3. ↑ "Audited Standalone and Consolidated financial results for the quarter and year ended March 31, 2025" (PDF). BSE. Wipro. Retrieved 16 April 2025.
  4. ↑ "Fitch Affirms Wipro at 'A-'; Outlook Stable". www.fitchratings.com. Retrieved 28 September 2023.
  5. ↑ "Wipro: From a vegetable oil maker to an IT major". NDTV Profit. Archived from the original on 17 October 2013. Retrieved 15 November 2013.
  6. ↑ 6.0 6.1 "Company History of Wipro". Money Control. Archived from the original on 13 November 2013. Retrieved 15 November 2013.
  7. ↑ "Wipro acquires 45 per cent of Wipro Net from KPN Telecom". The Financial Express. Archived from the original on 22 May 2013.
  8. ↑ "Wipro's early years". Rediff. 20 July 2006. Retrieved 16 July 2024.
  9. ↑ "Indian IT's pioneering pivot". The Times of India. 9 April 2023. Retrieved 16 July 2024.
  10. ↑ "Wipro: From vanaspati to IT leader". The Times of India. 16 April 2004. Retrieved 16 July 2024.
  11. ↑ "The PC in India The Desktop Story". Dataquest. Retrieved 16 July 2024.
  12. ↑ "Scaling New Highs". Business Standard. 17 August 1998. Retrieved 17 July 2024.
  13. ↑ "Wipro software exports increase 49 per cent". Rediff. Retrieved 17 July 2024.
  14. ↑ "Wipro becomes most valuable Indian company, Azim Premji the richest Indian ever". India Today. 6 March 2000. Retrieved 16 July 2024.
  15. ↑ "India's $30 Billion Man". Forbes. Retrieved 16 July 2024.
  16. ↑ "Wipro Joins Billion Dollar Club". 17 April 2004. Archived from the original on 21 April 2022.
  17. ↑ "Wipro plans further expansion in Chennai". Business Standard. 31 January 2007. Retrieved 4 August 2024.
  18. ↑ "Wipro Infotech launches supercomputers". The Economic Times. 12 September 2007. Retrieved 19 July 2024.
  19. ↑ Chari, Sridhar K. (3 January 2011). "Wipro building India's fastest supercomputer for space agency". Mint. Retrieved 19 July 2024.
  20. ↑ "Isro stakes claim to India's fastest supercomputer". Business Standard. 3 May 2011. Retrieved 19 July 2024.
  21. ↑ "Wipro hives off non-IT business into separate company". The Economic Times. 1 November 2012. Archived from the original on 5 November 2013. Retrieved 15 November 2013.
  22. ↑ "Wipro gets shareholders nod for demerger". Business Standard. 29 December 2012. Retrieved 19 July 2024.
  23. ↑ Sood, Varun (24 July 2014). "Wipro's digital business unit to be guided by Bhanumurthy Ballapuram". The Economic Times. Retrieved 17 July 2025.
  24. ↑ Rao, Rukmini (26 February 2025). "Wipro Ventures secures $200 million in fresh funds, eyes bigger bets on startups". Fortune India. Retrieved 17 July 2025.
  25. ↑ Hinchcliffe, Dion (16 August 2023). "Exploring Wipro Ventures: An Enterprise-Focused Tech Incubator". Constellation Research Inc. Retrieved 17 July 2025.
  26. ↑ Dey, Victor (30 November 2021). "Wipro Staffed A Third Of Its Workforce to Cloud Business, Says CEO". Analytics India Magazine. Retrieved 25 July 2025.
  27. ↑ "Wipro to realign its four global business lines starting April 1; here are the Big changes". The Times of India. 16 March 2025. Retrieved 25 July 2025.
  28. ↑ "Integrated Annual Report 2024-25" (PDF). Business Standard. Wipro. Retrieved 25 July 2025.
  29. ↑ "Wipro To Buy 90% In Spectramind". Business Standard. 20 July 2002. Retrieved 25 July 2025.
  30. ↑ "Wipro buys NewLogic for $56mn". 19 December 2005. Retrieved 27 August 2024.
  31. ↑ "Wipro acquires US-based cMango for $20mn". Business Standard India. 20 February 2006.
  32. ↑ McCue, Andy (1 June 2006). "India's Wipro acquires Enabler". ZDNET. Retrieved 27 August 2024.
  33. ↑ Ganesh, Venkatesh (7 August 2007). "Wipro buys Infocrossing in largest overseas acquisition". Hindustan Times. Retrieved 27 August 2024.
  34. ↑ "Wipro buys Citi Tech for $127m". The Times of India. 24 December 2008. Retrieved 27 August 2024.
  35. ↑ "Wipro to acquire Australia's Promax Applications Group for Rs 192 crore". The Economic Times.
  36. ↑ "ATCO sells internal IT dept. for $210M, then outsources IT". Canadian Manufacturing. 18 July 2014. Retrieved 27 August 2024.
  37. ↑ "Wipro to acquire Designit for €85 million". 9 July 2015.
  38. ↑ Mendonca, Jochelle (3 December 2015). "Wipro agrees to buy German IT services company Cellent AG for $78 million". The Economic Times. Retrieved 27 August 2024.
  39. ↑ Sen, Anirban (11 February 2016). "Wipro buys US-based HealthPlan Services for $460 million". The Economic Times. Retrieved 27 August 2024.
  40. ↑ Darrow, Barb (20 October 2016). "Why IT Services Giant Wipro is Snapping up Appirio for $500 Million". Fortune.
  41. ↑ "Wipro to acquire US-based ITI for around Rs 312 crore". The New Indian Express. 5 June 2019. Retrieved 27 August 2024.
  42. ↑ Baruah, Ayushman (23 July 2020). "Wipro to acquire Belgium-based 4C for 68 million euros". mint. Retrieved 14 February 2025.
  43. ↑ "Wipro Digital acquires CX consulting firm Rational Interaction". www.consulting.us. 24 February 2020. Archived from the original on 25 February 2020. Retrieved 25 February 2020.
  44. ↑ Doshi, Ankit (15 October 2020). "Wipro to acquire American engineering services firm Eximius for $80 mn". VCCircle. Retrieved 27 August 2024.
  45. ↑ "India's Wipro to buy Capco for $1.45 billion – TechCrunch". TechCrunch. Archived from the original on 4 March 2021. Retrieved 4 March 2021.
  46. ↑ "Wipro Agrees To Buy Australian Cybersecurity Provider; Stock Gains". 1 April 2021. Archived from the original on 17 April 2021. Retrieved 18 August 2021.
  47. ↑ "Wipro to acquire LeanSwift Solutions for $21 million". Financial Express. 17 December 2021. Retrieved 27 August 2024.
  48. ↑ "Wipro to acquire cybersecurity consulting provider Edgile". Mint. 20 December 2021. Retrieved 27 August 2024.
  49. ↑ "Wipro acquires consulting firm Convergence Acceleration Solutions for $80 million". Moneycontrol. 12 April 2022. Retrieved 12 January 2024.
  50. ↑ Ishwarbharath, Sai (26 April 2022). "Wipro to acquire SAP Consulting firm Rizing for $540 million". The Economic Times. Retrieved 12 January 2024.
  51. ↑ "Wipro to acquire US-based insurtech company Aggne Global for $66 million". Moneycontrol. 13 February 2024. Retrieved 13 February 2024.
  52. ↑ "Wipro acquires IT consulting firm AVT for $40 mn". Techcircle. 17 December 2024. Retrieved 14 February 2025.
  53. ↑ "Wipro IPO rises 19 percent". CNN Money. 19 October 2000. Retrieved 4 August 2024.
  54. ↑ "Shareholding Pattern 2025" (PDF). Wipro. Retrieved 17 July 2025.
  55. ↑ "Azim Premji commits Rs 1.45 lakh crore, 67 per cent Wipro stake to charity". India Today. 13 March 2019. Retrieved 25 July 2025.
  56. ↑ Sood, Varun (19 March 2019). "Azim Premji trusts get a share of his wealth, but not voting rights". Mint. Retrieved 25 July 2025.
  57. ↑ "Integrated Annual Report 2023-24" (PDF). www.wipro.com. Retrieved 20 August 2024.
  58. ↑ "Changes stir hopes of stability at Wipro". Business Standard. 7 April 2015. Retrieved 16 July 2024.
  59. ↑ Wright, Robert (6 August 2005). "Vivek Paul Leaves Wipro". CRN.
  60. ↑ "Wipro's ex-CEOs Paranjpe & Vaswani get Rs 7 crore each as severance amount". The Economic Times. 24 February 2011. ISSN 0013-0389. Retrieved 9 May 2025.
  61. ↑ "Wipro appoints T K Kurien as CEO". Business Today. 21 January 2011. Retrieved 28 April 2025.
  62. ↑ "Wipro Names Abidali Neemuchwala As Its New CEO". Forbes India. Retrieved 28 April 2025.
  63. ↑ Mendonca, Jochelle (1 February 2020). "Wipro CEO Abidali Neemuchwala steps down". The Economic Times. ISSN 0013-0389. Retrieved 28 April 2025.
  64. ↑ Suresh, Haripriya; Ishwarbharath B, Sai (6 April 2024). "Wipro CEO Delaporte resigns; to be replaced by veteran insider". Reuters. Retrieved 28 April 2025.
  65. ↑ "Wipro Ropes In Srini Pallia As CEO: Who Is He?". BW Marketing World. Retrieved 17 April 2025.
  66. ↑ "Infy, Wipro to part-fund Bangalore expressway". Rediff. Retrieved 18 July 2024.
  67. ↑ "Wipro to be title sponsor of San Francisco Marathon". Business Standard. 18 April 2012. Retrieved 18 July 2024.
  68. ↑ Connolly, Eoin (18 September 2012). "Wipro to title sponsor first ever Chennai Marathon". SportsPro. Retrieved 18 July 2024.
  69. ↑ "Wipro's fitness push: Tech giant all set to sponsor Bengaluru Marathon". Moneycontrol. 25 May 2023. Retrieved 18 July 2024.
  70. ↑ "Wipro settles US case with $5 million fine". Deccan Chronicle. 24 December 2016. Retrieved 22 September 2025.
  71. ↑ "Wipro agrees to pay $5 million to SEC to settle six-year-old case". Mint. 23 December 2016. Retrieved 17 October 2025.
  72. ↑ "Five former employees file class action lawsuit against Wipro in US". The Financial Express. 27 April 2020.
  73. ↑ ""Unjust, Unacceptable": Anger After Wipro Cuts Salary Offers To Freshers". NDTV. Retrieved 20 August 2024.
  74. ↑ "Wipro: Pay cut shock for new hires at India IT giant". BBC. Retrieved 20 August 2024.

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