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Wipro acquired cloud services company Appirio for $500 million in 2016, technology consultancy Capco for $1.45 billion in 2021, and SAP consulting firm Rizing Intermediate Holdings for $540 million in 2022.
In 1996, Wipro shifted its base to Bangalore, where our Headquarters remain today. In 2000, Wipro grows to a one billion-dollar company and is listed on the New York Stock Exchange.
Dec 30, 2020 · 75 years ago today, on Dec 29, 1945 my grandfather MH Premji registered a co. called Western India Vegetable Prdts Ltd. Today, we unveil the story of its making into Wipro, a global IT co.
Aug 24, 2024 · The company was originally founded as Western India Vegetable Products Limited in 1945 by Mohamed Premji in Amalner, Maharashtra. The company’s initial focus was on producing vegetable oil under the brand name “Sunflower,” which became popular across India.
- Humble Beginnings: Mid-1940S to Earlyl970s
- Going High-Tech: Mid-1970S to Late 1980s
- Rapid Growth and Expansion in The 1990s
- Going Global in The 21st Century
- Principal Subsidiaries
- Principal Competitors
- Further Reading
Western India Vegetable Products Ltd. (Wipro Limited) was founded in 1945 by M.H. Premji. The company sold vanaspati solidified sunflower oil to retailers, who sold it in bulk, scooping 50 and 100 grams for customers who brought along their own containers. In 1947 the same year that India gained independence from British rule, 32-year-old Premji la...
The company’s first departure from its main cooking oil business came about in 1975. Drawing Azim Premji’s his engineering background, and at the suggestion of one of the new IIM recruits, M. Seethapathy Rao, Premji launched Wipro Fluid Power, an operation that manufactured hydraulic and pneumatic cylinders. And under the direction of P.S. Pai, Wip...
India’s software industry continued to take off throughout the nineties, at a compounded annual rate of nearly 60 percent for most of the decade. India quickly became the third-largest supplier of IT labor, and its communications infrastructure rapidly improved. Part of this growth was driven by a growing number of U.S. corporations that began to t...
Wipro seemed to have survived the effects of the U.S. economic slowdown of 2000, with massive layoffs and profit warnings, and raced ahead in 2001 amid its own soaring growth rates and a huge expansion in its operating margins. Given that 60 percent of India’s IT-related services and software exports were tied to the U.S., Wipro’s unscathed emergen...
Wipro Inc. (United States); Enthink Inc. (United States); Wipro Japan KK (Japan); Wipro Welfare Limited; Wipro Prosper Limited; Wipro Trademarks Holding Limited.
Accenture; Booz-Allen; Cambridge Technology; Cognizant Technology Solutions; Compaq; Computer Sciences; Deloitte Touche Tohmatsu; EDS; Ernst & Young; GE; Getronics; Hewlett-Packard; Hindustan Lever; IBM; Infosys Technologies; Johnson & Johnson; McKinsey & Company; KPMG; Perot Systems; Philips Electronics; PricewaterhouseCoopers; Procter & Gamble; S...
Beltran, Eamon, “Wipro Launches Operations in Germany,” Business Wire, posted May 17, 2001, http://www.businesswire.com. Chakravarty, Subrata N., “What’s Cooking at Wipro?,” Forbes,December 14, 1998, pp. 74-65. Chanda, Nayan, “How Precarious Is India’s Perch?,” Far Eastern Economic Review,April 12, 2001. Dhume, Sadanand, “Who’s That Man?,” Far East...
Feb 28, 2022 · On October 19, as the company’s chairman Azim Premji rang the opening and closing bells at the NYSE, Wipro became the first Indian IT company and just the third from across sectors to list on the 183-year-old US exchange.
Jun 21, 2011 · A diversified global business that is admired by millions and built on a bedrock of solid values, Wipro has emerged as a global leader in the IT industry. The journey, however, started on a different note, with an entirely different product on hand.
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