Wipro to Invest in US-Based Technology Startup

Wipro Ventures, the investment arm of Indian IT services major Wipro (WIPRO, BOM:507685), is investing an undisclosed amount in US-based technology startup vFunction as part of the latter’s seed funding round.

The investment aims to strengthen Wipro FullStride Cloud Services’ position as a provider of digital transformation solutions, according to a post-market hours filing on Tuesday.

Price (INR): ₹564.15, Change: ₹-6.65, Percent Change: -1.17%

Source: 05:53 Feb 23, 2022 MT Newswires


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