Wipro Limited is a global leader in technology services and consulting, headquartered in India and serving clients across 65 countries. With a workforce exceeding 230,000 professionals, the company provides a comprehensive range of services and solutions that empower businesses to undergo transformative change.
Company Profile
Wipro’s strength lies in its deep industry expertise, broad service portfolio, and client-centric approach. As a pioneer in responsible AI and sustainability, Wipro is committed to building innovative, future-ready solutions while upholding the highest standards of corporate governance. The company integrates AI across consulting, design, engineering, operations, and delivery to help clients navigate an increasingly complex business landscape.
Wipro’s unique approach to stakeholder capitalism is reflected in its philanthropic vision—approximately two-thirds of Wipro’s economic interest is irrevocably committed to the Azim Premji Foundation. This initiative is aimed at building a just, equitable, and sustainable society.
Business Segments
Wipro has strategically organized its business around five Global Business Lines (GBLs) as of April 1, 2025. Each GBL is designed to deliver high-impact, client-focused services that cater to evolving digital transformation demands:
1. Technology Services
This segment is Wipro’s largest and focuses on delivering industry-specific, cloud-enabled technology solutions.
- Data, Analytics and AI (DAAI): Offers responsible AI-powered, industry-specific solutions that enable decision-making, process optimization, and transformation.
- Cloud and Infrastructure Services (CIS): Supports IT modernization through hybrid cloud, DevOps, IoT, and data center transformation.
- Cybersecurity and Risk Services (CRS): Provides next-gen security frameworks for AI-powered enterprise protection.
- Enterprise Applications (EA): Partners with SAP, Oracle, Salesforce, ServiceNow, and MS Dynamics to modernize enterprise software environments.
- Industry Cloud & Digital (IC&D): Offers cloud-native transformation, performance optimization, and application modernization.
- Digital Experience (DX): Creates digital touchpoints through UX/UI design, omnichannel platforms, and marketing automation.
- Designit: Wipro’s global design and marketing agency.
- Contribution: ~75% of total revenue.
2. Consulting
Wipro Consulting leads transformation initiatives and delivers industry-aligned strategic insights:
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- Industries Served:
- BFSI (Banking, Financial Services, Insurance)
- EMR (Energy, Manufacturing, and Resources)
- Health
- Consumer
- Technology and Communications
- Core Functional Areas:
- Finance Transformation
- People and Change
- Sustainability
- Supply Chain and Operations
- Sales and Marketing
- Technology Strategy
- Contribution: ~7% of total revenue.
3. Engineering Services
- Capabilities: Embedded systems, silicon chip engineering, software-defined products, cloud automotive technology, and physical AI.
- Global Reach: Collaboration with 8 of the top 10 semiconductor firms.
- Ecosystem: Includes a world-class test lab (Tarang Labs), SDV capabilities, and ORAN integration.
- Contribution: ~10% of total revenue.
4. Business Process Services (BPS)
- Focus Areas:
- Customer Experience (CX)
- Finance and Accounting (F&A)
- Supply Chain Management
- Talent Processes (HR Outsourcing)
- Trust and Safety (Content moderation, fraud detection)
- Industry Offerings across BFSI, Healthcare, Manufacturing, Consumer, and Energy
- Contribution: ~6% of total revenue.
5. IT Products
- Offerings: Resale and system integration of third-party IT products such as servers, storage devices, and networking solutions.
- Contribution: ~2% of total revenue.
Products and Services
Wipro offers a comprehensive suite of services across its business segments. These include:
- AI and Data Services: E-IQ (Enterprise Intelligence Quotient), Agentic AI, WeGA Studio, GenAI-driven development, predictive analytics.
- Consulting: Business strategy, digital transformation, and sustainability advisory.
- Cloud Services: Migration, integration, and optimization with hyperscalers like AWS, Azure, Google Cloud.
- Cybersecurity: Threat intelligence, governance frameworks, risk audits, and secure digital transformation.
- Digital Operations: Business process automation, customer experience design, and intelligent operations.
- Engineering and R&D: IoT, VLSI design, embedded firmware, chip-to-cloud solutions.
- Application Services: ERP and CRM modernization with SAP, Oracle, Salesforce, etc.
- Industry Solutions: Telecom AI, Wealth AI, Inspect AI, and Sovereign AI platforms.
Wipro continues to embed AI and digital intelligence across these services to drive efficiency, scale, and value creation.
Company History
Wipro was founded in 1945 by Mohamed Premji as Western India Vegetable Products Ltd, focused initially on edible oils. The company diversified into IT services in the 1980s under the leadership of Azim Premji, transforming into a global IT giant. Key milestones include:
- 1980s–90s: Entry into computer hardware and software.
- 2000s: Expansion into global IT consulting.
- 2015: Establishment of Wipro Ventures.
- 2020s: Strategic acquisitions including Capco and Designit.
- 2024–25: Celebrates 80 years with an AI-powered transformation focus.
Brand Portfolio
Wipro operates several strategic brands:
- Designit: UX design and innovation services.
- Capco: Consulting services for the financial industry.
- Wipro AI Platform: AI-first development framework.
- WeGA Studio: Generative AI development and deployment platform.
- Tarang Labs: Testing and validation infrastructure.
While specific revenue contributions per brand are not disclosed, these brands are central to Wipro’s innovation and delivery ecosystem.
Geographical Presence
Wipro serves clients in over 65 countries across the Americas, Europe, and APMEA. The regional revenue split for FY25 is as follows:
- Americas (1 & 2): ~55% of total revenue. Primary growth driver with 1.2% YoY increase.
- Europe: ~25% of total revenue. Saw a decline in FY25.
- APMEA (Asia Pacific, Middle East, Africa): ~20% of total revenue. Also witnessed a decline.
Financial Statements (FY25)
Consolidated Profit & Loss
| Particulars | Amount (Rs million) |
|---|---|
| Revenue | 890,916 |
| Cost of Revenue | 617,802 |
| Gross Profit | 273,114 |
| Selling & Marketing Expenses | 64,378 |
| General & Admin Expenses | 57,465 |
| Operating Income | 151,271 |
| Net Profit | 131,354 |
Consolidated Balance Sheet
| Particulars | FY25 (Rs million) |
| Share Capital | 20,944 |
| Net Worth | 830,447 |
| Gross Cash | 533,448 |
| Total Debt | 161,817 |
| Net Cash | 371,948 |
| Net Current Assets | 491,522 |
Cash Flow Statement
| Particulars | FY25 (H million) |
| Operating Cash Flow | ~169,733 |
| Capital Expenditure | ~26,000 |
| Free Cash Flow | ~143,000 |
Subsidiaries, Wholly-Owned Subsidiaries, and Associates
Wipro has an extensive network of subsidiaries and associate companies that help expand its global reach and domain expertise. Key subsidiaries and associates include:
Major Subsidiaries and Entities:
- Capco (The Capital Markets Company NV): Global consulting in financial services.
- Designit A/S: Global design firm specializing in user experience and innovation.
- Wipro Financial Outsourcing Services Limited (WFOSL): Delivers business process outsourcing and financial services.
- Wipro Gallagher Solutions Inc.: Mortgage software solutions.
- Wipro Technology Services Limited: Handles technology services operations.
- Appirio Inc.: Cloud-based technology services.
- Wipro HR Services (India) Pvt. Ltd.: HR outsourcing and management.
- Topcoder, Inc.: Crowdsourcing platform for developers and designers.
- Wipro IT Services LLC (USA): Manages operations in North America.
- Wipro Arabia Limited: Regional entity for Middle East operations.
- Wipro Japan KK: Focused on services in the Japanese market.
- Wipro Chengdu Limited: Operational presence in China.
- Wipro (Thailand) Co., Ltd.
- Wipro Technologies S.A. (Brazil)
- Wipro (Dalian) Limited
- Wipro Do Brasil Tecnologia Ltda.
(Note: Full list with shareholding % to be included once all tables parsed)
Physical Properties
Wipro owns and operates numerous facilities worldwide including:
- Corporate Headquarters: Bengaluru, India.
- Global Delivery Centers: Over 20 delivery centers across India, USA, UK, Canada, Australia, Germany, UAE, and Brazil.
- Innovation Centers: Located in the USA, UK, and India.
- Tarang Labs: One of India’s largest third-party validation and testing labs, used for safety-critical systems.
- AI and Cloud Studios: Set up in collaboration with hyperscalers (Microsoft, AWS, Google) across major global tech hubs.
- Data Centers: Located in India, UK, and USA.
Founders Details
- Mohamed Premji: Founded the company in 1945, originally focusing on consumer products.
- Azim Premji: Son of Mohamed Premji, transformed Wipro into a global IT services company from the 1980s onwards. He is considered one of India’s greatest philanthropists and remains Founder Chairman.
Board of Directors (FY2025)
| Name | Role | Committee Memberships |
|---|---|---|
| Rishad A. Premji | Chairman | Member – Nomination Committee |
| Azim H. Premji | Founder Chairman | Non-Executive |
| Srinivas Pallia | CEO & MD | Executive Director |
| Deepak M. Satwalekar | Lead Independent Director | Chair – Audit, Risk, Compliance |
| Patrick Dupuis | Independent Director | Chair – Stakeholders Committee |
| Tulsi Naidu | Independent Director | Member – Nomination & Stakeholder Committees |
| Dr. Patrick Ennis | Independent Director | Member – Audit Committee |
| Päivi Rekonen | Independent Director | Member – CSR Committee |
| N.S. Kannan | Independent Director | Member – Audit & Risk Management |
Demographics:
- 22% Female Representation
- 56% Foreign Nationals
- 22% Directors >70 years old
Shareholding Details
- Share Capital: H20,944 million (as of March 31, 2025)
- Bonus Issue: 1:1 Bonus Share issued in FY25
- Shareholders: 2,431,180 (excluding ADR holders)
- Share Price: H262.3 as on March 31, 2025 (NSE)
- Net Worth: H830,447 million
Parent Company
Wipro Limited is an independent, publicly listed company with no parent holding entity. However, over two-thirds of its economic interest is irrevocably designated for the Azim Premji Foundation.
Investment Details
- Wipro Ventures: Strategic $500 million fund launched to invest in startups.
- Active Investments: 25 startups and 10 venture capital funds.
- Sectors: AI, cybersecurity, automation, DevOps, cloud infrastructure.
- Partner VC Funds: B Capital, Boldstart, Glilot, Nexus Venture Partners, Sorenson, SYN Ventures, Work-Bench, GTM Fund, TLV Partners, Pi Ventures.
- Purpose: Accelerate innovation and strategic advantage in emerging technologies.
Future Investment Plans
Wipro has laid out clear strategic priorities for FY26 and beyond:
- Scale WeGA 2.0 (Agentic AI) across all major client processes.
- Invest in cloud modernization, cybersecurity and AI-focused delivery centers.
- Global Expansion: Strengthening presence in Europe and APMEA.
- Sustainability: Achieve 100% renewable energy use by FY27.
- Innovation Network: Expand cloud studios, GenAI hubs, and Topcoder community partnerships.
- Talent Development: Upskilling 230,000 employees in GenAI, AI/ML, security, and design.
- Strategic Acquisitions: Focused M&A pipeline in high-growth verticals like sustainability tech, autonomous systems, and smart manufacturing.
What are the core business segments of Wipro?
Wipro operates through five core segments: Technology Services, Consulting, Engineering Services, Business Process Services, and IT Products. Technology Services contribute the largest share of revenue, followed by Engineering and Consulting.
Where does Wipro have a global presence?
Wipro has operations in over 65 countries including the USA, UK, Germany, UAE, Australia, Brazil, and India. Its largest revenue share comes from the Americas, followed by Europe and APMEA.
What is Wipro’s approach to Artificial Intelligence?
Wipro follows an AI-first strategy with platforms like WeGA Studio and E-IQ. It offers agentic AI, generative AI, and AI-powered transformation in operations, delivery, and innovation networks.
Who are the key subsidiaries of Wipro?
Key subsidiaries include Capco, Designit, Topcoder, Appirio, Wipro IT Services LLC, and Wipro Financial Outsourcing Services Limited. These support Wipro’s consulting, engineering, and outsourcing operations worldwide.
What are Wipro’s future investment plans?
Wipro plans to invest in AI platforms, sustainability (targeting 100% renewable energy by FY27), cloud studios, and AI centers of excellence. It also continues to explore strategic M&A in GenAI, automation, and cybersecurity.
Who founded Wipro and what is its legacy?
Wipro was founded by Mohamed Premji in 1945. His son, Azim Premji, transformed it into a global IT leader. The company has a philanthropic legacy, with over two-thirds of economic interest committed to the Azim Premji Foundation.
