# Wipro Ventures

Wipro Ventures is a Venture Capital based in Mountain View, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Mountain View, United States
- **Region:** North America
- **Address:** Mountain View, CA, United States
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** www.wipro.com
- **LinkedIn:** https://www.linkedin.com/company/wiprosss

## Regulatory record

- **Reports private funds:** No

## About

As a global leader, Wipro blends consulting and AI expertise across design, engineering and operations to accelerate business transformation and deliver future-ready technology.

## Sectors

- Enterprise Software
- AI/ML
- Cybersecurity
- Industrial Tech
- Digital Health
- FinTech

## Offices

- Bangalore, India

## People

- Srivatsan Rajan — Vice President & Global Head, Wipro Ventures

## Questions

### Who runs investment decisions at Wipro Ventures?

Srivatsan Rajan leads the fund as Vice President and Global Head, based in Mountain View. Rajan joined Wipro in 2009 and has overseen the venture operation since its launch. Investment decisions are made by his team with strategic alignment from Wipro's senior executive leadership.

### Is Wipro Ventures structured as a traditional venture firm or a corporate VC?

It operates as a corporate venture capital arm funded entirely from Wipro's balance sheet. The fund does not raise capital from external limited partners. This structure means investment pace and exit decisions are driven by strategic value to Wipro's consulting and technology services business, not by IRR targets or fund lifecycles.

### What investment stages does Wipro Ventures typically target?

The fund invests from seed through late-stage, with initial check sizes ranging from $1 million to $5 million. Approximately 50% of the fund is reserved for follow-on investments. The stage-agnostic approach reflects the dual mandate of gaining early technology visibility and scaling companies through Wipro's global client network.

### Does Wipro Ventures invest in fund commitments or only direct deals?

Wipro Ventures primarily executes direct equity investments in operating companies. In 2020, the firm committed $50 million to a dedicated cybersecurity investment program focused on Israeli startups, which blended direct and partnership-style deployment. The core model, however, remains direct minority equity stakes.

### How is Wipro Ventures related to the Azim Premji Foundation?

The two entities are wholly separate. The Azim Premji Foundation is the philanthropic endowment established by Wipro's founder, funded by his personal shareholding in Wipro Limited. Wipro Ventures, by contrast, is a corporate unit deploying Wipro's treasury capital for strategic technology investment. There is no operational or governance overlap.

### Which sectors does Wipro Ventures explicitly avoid?

The fund has publicly avoided consumer internet, hardware, and biotech — areas with no clear integration path to Wipro's enterprise IT services model. Portfolio concentration remains in enterprise software, cybersecurity, applied AI, and industrial IoT, where Wipro can serve as a channel partner or deployment client.

## Related profiles

- [Winzac Capital Management](https://altss.com/profile/winzac-capital-management)
- [Wipunen Incrementum Capital](https://altss.com/profile/wipunen-incrementum-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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