Wipro to invest $ 200 mn in Wipro Ventures to accelerate startups funding

Q: How long will it take to read this news story?

The story "Wipro to invest $ 200 mn in Wipro Ventures to accelerate startups funding" has 312 words across 11 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Wipro to invest $ 200 mn in Wipro Ventures to accelerate startups funding" was covered 6 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 219 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26457952</li><li>URL: https://chronographically.beamstart.com/news/wipro-to-invest-200-mn-17405710557385</li></ul>

Business Standard Logo Business Standard 6h ago

Wipro to invest $ 200 mn in Wipro Ventures to accelerate startups funding - Business Standard

Quick Summary:

This marks the fourth funding round for Wipro Ventures since it began operations ten years ago, and is aimed at speeding up investments in startups at the early to mid-stage level, a company statement said.

IT major Wipro on Wednesday said it will invest USD 200 million (about Rs 1,740 crore) in its arm Wipro Ventures to accelerate its funding for startups in the technology innovation space.

We envision a collaborative ecosystem, where these emerging technologies can be deployed globally, drive progress, and create sustainable value for all stakeholders involved," Wipro CEO and MD Srini Pallia said.