Wipro to acquire Olam Group’s IT, digital services business Mindsprint

Wipro (WIT) has secured a multi-year strategic transformation deal with Olam Group. Olam Group is a $50B+ food and agri-business headquartered in Singapore, employing nearly 40,000 people, and majority owned by Temasek Holdings. The 8-year engagement with Olam Group is expected to exceed $1B in contract value, with a committed spend of $800M. As part of the engagement, Wipro will deliver end-to-end transformation services to Olam Group through a consulting-led and AI-powered approach. The engagement will draw on Wipro’s industry expertise, partnerships with leading technology providers, and Wipro Intelligence. its unified suite of AI-powered platforms, solutions, and transformative offerings. Together, these capabilities will strengthen Olam Group’s core operations and support the creation of a sustainable competitive advantage. Building on this foundation, Wipro will deploy its capabilities across Olam Group’s ‘farm-to-fork’ value chain, delivering industry-specific solutions that align with the Group’s business priorities. This will focus on areas such as farming, forecasting, trading, supply chain operations, and customer engagement, with the goal of improving operational effectiveness, strengthening resilience, and supporting long-term growth at scale. Under the terms of the acquisition of Mindsprint by Wipro, Mindsprint will become a wholly owned subsidiary of Wipro, subject to regulatory approvals and closing conditions. This is expected to close at quarter ending Q1 FY27. Primarily based in India, Mindsprint employs over 3,200 professionals and has been an enabler of Olam Group’s digital transformation journey. It brings deep domain expertise in the food and agri-business sector, alongside strong capabilities in supply chain transformation, digital platforms, and proprietary IP-led solutions such as Farmsprint for plantation management, Procuresprint for agentic AI-enabled procurement transformation, SprintAP for payables transformation, Salessprint for sales operations, and the Tradesprint Commodity Trading and Risk Management platform.