Wipro completes acquisition of Mindsprint, Olam Group’s IT and digital services unit
Wipro · IT - Software
Key highlights
- Wipro finalized the acquisition of Mindsprint, Olam Group’s IT and digital services business, on May 15, 2026, following regulatory approvals.
- Mindsprint, with over 3,200 employees, becomes a wholly owned subsidiary of Wipro, operating as "Mindsprint, a Wipro Company."
- The acquisition enhances Wipro’s capabilities in food and agri-business supply chain and commodity trading, supporting an 8-year strategic deal with Olam Group.
Why it's rated notable: The filing states completion of the Mindsprint acquisition, a business of over 3,200 professionals, but gives no transaction value to size against the ₹192,715 crore market value, so the level stays at medium.
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Wipro
- Acquisition / mergerNotableWipro Limited completes acquisition of select customer contracts of Alpha Net Consulting
- Acquisition / mergerNotableWipro completes acquisition of 100% shareholding in Mindsprint Pte. Ltd.
- Acquisition / mergerNotableWipro to acquire 100% stake in Mindsprint Pte. Ltd. for US$ 375 Million
- Acquisition / mergerNotableWipro announces $1B deal and Mindsprint acquisition with Olam Group
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Potential multibaggers · Q2 FY27
Potential multibaggers in IT - Software
on management's own guidance
- Strong growth2
- Strong growth1
- Fractal AnalyticsGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.