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Wipro clinches multi-year, billion-dollar transformation deal with Olam Group

Story Highlights
  • Wipro wins an eight-year, over US$1 billion transformation deal with Olam Group, including acquiring its IT arm Mindsprint.
  • The partnership expands Wipro’s role in food and agribusiness, using AI-driven platforms to modernise Olam’s farm-to-fork operations and support its reorganisation plan.
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Wipro clinches multi-year, billion-dollar transformation deal with Olam Group

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An announcement from Wipro Limited ( (IN:WIPRO) ) is now available.

Wipro Limited has secured one of its largest strategic transformation engagements, signing an eight-year deal with Singapore-headquartered food and agri-business major Olam Group expected to exceed US$1 billion in value, with a committed spend of US$800 million. As part of the agreement, Wipro will acquire Olam’s IT and digital services arm Mindsprint and deploy its consulting-led, AI-powered Wipro Intelligence suite across Olam’s farm-to-fork value chain to improve operational effectiveness, bolster resilience, and support long-term scalable growth, while combining Mindsprint’s sector expertise with Wipro’s global capabilities to sharpen Olam’s focus on core businesses and shareholder value.

The deal positions Wipro as a deeper strategic partner in the global food and agriculture sector, expanding its footprint with a Temasek-backed industry leader and reinforcing its ambition to lead large-scale AI-driven transformations. For Olam, consolidating technology capabilities under Wipro is designed to accelerate its reorganisation plan, modernise core operations from farming and forecasting to trading and customer engagement, and create sustainable competitive advantages across its global supply chain.

More about Wipro Limited

Wipro Limited is a leading AI-powered technology services and consulting company that provides end-to-end digital, IT, and transformation solutions to global clients. The company leverages its industry expertise and partnerships with major technology providers to deliver consulting-led, AI-driven platforms and services across sectors, including food and agribusiness.

Average Trading Volume: 788,571

Technical Sentiment Signal: Hold

Current Market Cap: 2041.2B INR

For a thorough assessment of WIPRO stock, go to TipRanks’ Stock Analysis page.

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