Product Code Database
Wipro Limited () 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.
The company changed its name to Wipro Products Limited in 1977, followed by Wipro Limited, a syllabic abbreviation of the original name, in 1982.
By the mid-1990s, Wipro had become one of India's leading manufacturers of personal computers, , and medical diagnostic equipment. In 1998, the company reported being the second-largest software exporter from India, and gradually increased its focus on the higher-Profit margin software services business which accounted for the vast majority of its profits.
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.
In 2004, Wipro became the second listed Indian IT company to report annual revenues exceeding US$1 billion. By 2006, approximately 30% of its total revenue came from product engineering R&D services.
In 2007, Wipro introduced a line of known as Wipro Supernova. 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.
In 2012, Wipro Demerger its non-IT businesses into a new private company named Wipro Enterprises. 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.
In 2014, Wipro set up its design and Mobile computing services business division called Wipro Digital. 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.
In 2021, Wipro reported that a third of its workforce was engaged in cloud computing projects, and announced a $1 billion investment in its FullStride Cloud Services vertical.
| + ! Year !! Company !! Country !! Industry !! Acquisition cost |
| $83 million |
| €47 million |
| $20 million |
| €41 million |
| $600 million |
| $127 million |
| A$35 million |
| C$210 million |
| €85 million |
| €73 million |
| $460 million |
| $500 million |
| $45 million |
| €68 million |
| Undisclosed |
| $80 million |
| $1.45 billion |
| $117 million |
| $21 million |
| $230 million |
| $80 million |
| $540 million |
| $66 million |
| $40 million |
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 and an employee trust. Since 2019, proceeds from the promoter group's 67% stake have been directed to the philanthropic activities of Azim Premji Foundation.
| Ashok Narasimhan | 1981–1988 |
| Ashok Soota | 1991–1999 |
| Vivek Paul | 1999–2005 |
| Azim Premji | 2005–2008 |
| Girish Paranjpe and Suresh Vaswani | 2008–2011 |
| T. K. Kurien | 2011–2016 |
| Abidali Neemuchwala | 2016–2020 |
| Thierry Delaporte | 2020–2024 |
| Srini Pallia | 2024–present |
The company has also faced legal action in the United States. In 2020, five former employees filed a class-action lawsuit in a New Jersey court accusing Wipro of discriminatory practices against individuals who are not of South Asian or Indian origin, alleging the company maintained a "grossly disproportionate workforce."
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