Wipro announces $1B deal and Mindsprint acquisition with Olam Group
Wipro · IT - Software
Key highlights
- Wipro secured an 8-year, $1 billion strategic transformation contract with Olam Group.
- Wipro will acquire Mindsprint, Olam's IT and digital services business, expected to close by end Q1 FY27 (June 2026).
- Mindsprint employs over 3,200 professionals and offers domain expertise and IP-led platforms in food and agri-business.
Why it's rated notable: amount is ₹500 crore or more
Original filing
Disclosure Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Wipro
- Acquisition / mergerNotableWipro Limited completes acquisition of select customer contracts of Alpha Net Consulting
- Acquisition / mergerNotableWipro completes acquisition of 100% shareholding in Mindsprint Pte. Ltd.
- Acquisition / mergerNotableWipro completes acquisition of Mindsprint, Olam Group’s IT and digital services unit
- Acquisition / mergerNotableWipro to acquire 100% stake in Mindsprint Pte. Ltd. for US$ 375 Million
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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.