Wipro Share Price

Wipro Limited was founded on December 29, 1945, by Mohamed Hasham Premji. It was originally referred to as Western India Vegetable Products Limited, focusing on the manufacturing of cooking oils. The registered and corporate office is at Doddakannelli, Sarjapur Road, Bengaluru, Karnataka, 560035, India.

Wipro Business Segments and Revenue Model

Wipro primarily provides information technology (IT) services, consulting, and business process outsourcing to clients in various sectors including financial services, healthcare, manufacturing, retail, and telecommunications.

Key products and services include cloud computing, cybersecurity, digital transformation, artificial intelligence, data analytics, application development and maintenance services, business process services, and engineering. The Wipro Holmes artificial intelligence platform and Wipro Smart Lighting solutions are two notable proprietary products.

Wipro organises its business into four main divisions, or verticals, which it refers to as Global Business Lines (GBL): Technology Services, Business Process Services, Consulting Services, and Engineering. Each GBL is intended to be well-aligned with its changing client needs and growth opportunities in sectors such as AI, cloud, and digital transformation. The various verticals and GBLs enable Wipro to provide clients with integrated solutions across the full spectrum – from IT consulting and cloud migration to product engineering and business process automation.

Wipro Key Milestones

• Wipro Limited was founded in 1945 by Mohamed Hasham Premji
• Azim Premji succeeded his father as the company’s chairman in 1966 at age 21.
• In October of 2000, Wipro became the second Indian company to be traded on the New York Stock Exchange (NYSE).
• In 2012, Wipro limited its non-IT business, founding a separate Wipro Enterprises Limited for its non-IT business.
• In 2019, Rishad Premji succeeded his father as chairman of the company.
• In July 2020, Thierry Delaporte was announced as the new CEO and Wipro announced the acquisition of Rational Interaction.
• In March 2021, Wipro announced its biggest acquisition to date, of Capco, a BFSI consulting firm in the US, for $1.45 billion.
• In 2022, Wipro acquired Convergence Acceleration Solutions and Rizing Intermediate Holdings.
• In 2024, Wipro was recognised as a Top Employer in 13 different countries, while winning several industry awards.

Wipro ESG and Sustainability

• Wipro's ESG mission prioritises responsible business practices, ethical governance, and transparency.
• Diversity, equity, and inclusion are really the arms of Wipro's sustainability approach.
• Focus areas with long-term goals include improving resource efficiency and facilitating the transition to a low-carbon economy.

Wipro Awards and Recognitions

• Ranked among the Top 10 Global AI Consulting Firms by AI Magazine in 2025
• Recognised as the #1 top employer in Switzerland in 2025 for the third consecutive year
• Recognised as a ‘great place to work’ second year in a row