ABOUT US

Wipro Ventures is the strategic investment arm of Wipro Ltd. (NYSE: WIT) and focuses on investing in early- to mid-stage startups. It is a $100 million fund that leverages Wipro’s global reach and market knowledge to accelerate the growth of our portfolio companies. Wipro’s broad customer base of Global 1000 clients gives us a better understanding of customer needs and market trends, enabling us to provide valuable guidance to our startup partners.

Wipro Ventures
Wipro Ventures
 
PORTFOLIO

Altizon

Altizon is the world’s first Industrial Internet Platform company focused on making enterprises Internet of Things (IoT) ready. Datonis, Altizon’s flagship product, helps build an IoT product in weeks by providing device connectivity kits, a device management layer, a highly-scalable, real-time, big-data analytics engine, as well as alerting and monitoring services.

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Avaamo

Avaamo provides an AI-driven enterprise bot platform that dramatically reduces the time needed to design and deploy enterprise bots to corporate employees and their customers. At the core of the Avaamo mobile platform is a secure business-messaging infrastructure that delivers scalability, reliability, security and integration to legacy enterprise workflows and applications.

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Demisto

Demisto Enterprise is the first and only comprehensive Security Operations Platform to combine security orchestration, incident management and interactive investigation. Demisto’s orchestration engine automates security product tasks and weaves in the human analyst tasks and workflows. Demisto enables security teams to reduce MTTR, create consistent incident management process and increase analyst productivity.

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Emailage

As the global hub of email intelligence, Emailage connects companies around the world in the fight against fraud. Our talented team creates innovative fraud prevention and risk assessment technologies that deliver exceptional value to empower customers and partners to successfully grow their business.

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Imanis Data

Imanis Data backup and recovery software has built-in machine learning to handle massive datasets for applications running on modern data platforms, such as DataStax/Cassandra, Couchbase, Hadoop HBase/Hive, MongoDB and Vertica. Imanis Data helps minimize the impact of data loss caused by human and application errors, improves business agility and reduces downtime to minutes and hours, as opposed to days and weeks while reducing overall capital and operating costs.

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Intsights

IntSights is a cyber-threat intelligence service provider established to meet the growing need for rapid, accurate cyber intelligence and incident mitigation. IntSights technology detects, analyzes and remediates cyber-attacks, as well as prevents exploitation of data and personnel. Our holistic, customized cyber threat intelligence services provide a range of key benefits, including data leakage detection and built-in incident response.

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Tradeshift

Tradeshift has built a global collaboration platform connecting buyers, suppliers, and their processes. Tradeshift helps transform and digitize the supply chain, by leveraging Cloud technology to improve source-to-pay (S2P) business processes such as AP automation, procurement, supplier management and working capital optimization. Launched in 2010, Tradeshift connects 800,000 companies across 190 countries.

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Tricentis

Tricentis enables rapid development of automated tests using a number of different automation paradigms and testing styles. Using model-based test automation and a test case design approach that encompasses risk-based testing, service virtualization and other features, Tosca Testsuite delivers significant performance improvement for enterprise testing use cases.

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Vectra Networks

Vectra Networks automates the hunt for hidden threats inside campuses, data centers and the cloud by continuously monitoring internal network traffic to detect cyber attacks in real-time. The Vectra solution automatically prioritizes attacks that pose the greatest risk to key assets and enables organizations to quickly prevent or mitigate loss.

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Vicarious

Vicarious is building a unified algorithmic architecture to achieve human-level intelligence in vision, language, and motor control. Using inductive biases drawn from neuroscience, the Vicarious system requires orders of magnitude less training data than traditional machine learning techniques. The underlying framework combines the advantages of deep architectures and generative probabilistic models.

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FOCUS AREAS
  • ARTIFICIAL INTELLIGENCE
    BIG DATA & ANALYTICS
    CLOUD INFRASTRUCTURE
    DIGITAL
    FINANCIAL TECHNOLOGY
    HEALTHCARE IT
    INTERNET OF THINGS
    SECURITY
TEAM

The core investment team and advisors of Wipro Ventures are technology sophisticates. They possess skills that range from fiscal management to business development, sales, process and operational excellence.

RISHAD PREMJI Chief Strategy Officer

Rishad Premji is the Chief Strategy Officer and Head of Investor Relations at Wipro Ltd., a global technology products, services and consulting provider with over 160,000 employees spread across 61 countries. He has been instrumental in shaping Wipro’s strategy and aligning it with the future business landscape.
Rishad is an MBA from Harvard Business School, a graduate in Economics from Wesleyan University and has spent a year at the London School of Economics where he was part of the General Course Program. Rishad is skilled at sniffing out teams that are bound for success.

BIPLAB ADHYA Vice President & Co-Head

Biplab is Vice President and Co-Head, Wipro Ventures. Prior to this he was leading the Oracle practice at Wipro globally. Biplab has close to 20 years of Business Process and IT consulting experience. He holds a Bachelor’s degree in Computer Science and Engineering from IIT Kharagpur and an MBA (Finance and Systems) from IIM Bangalore. He is a certified Six Sigma Green Belt.
Biplab has a way of ensuring that other teams and businesses can grow on the back of his experience.

VENU PEMMARAJU Vice President & Co-Head

Venu is Vice President and Co-Head, Wipro Ventures. Prior to this he was an Investment Director at Intel Capital. He is an MBA (Finance and Strategy) from the Booth School of Business at the University of Chicago, holds a MS in Electrical Engineering from the University of Houston and a BS in Electronics & Communication Engineering from IIT, Kharagpur.
Venu has a successful track record in identifying investment opportunities around open-source software, cloud and mobile technologies.

DANIEL GREENE Principal

Daniel is a Principal at Wipro Ventures. He holds an MBA from the University of California, Irvine, and a Bachelors degree in Bioengineering from UCLA. Daniel’s investment focus is emerging technology in the Financial Services and Healthcare industries.

GIDEON WILK Principal

Gideon is a Principal at Wipro Ventures. He holds an MBA from Harvard Business School and a BASc in Systems Engineering from the University of Toronto. A business generalist and software specialist, Gideon’s professional interests include machine learning, artificial intelligence (AI), digital health and fintech. As Principal, he works with portfolio companies to maximize their Wipro channel revenues, and has an investment focus on cross-industry solutions for SDLC, cybersecurity, analytics and infrastructure.

SUHAIL REFAYE Principal

Suhail is a Principal at Wipro Ventures. A Chartered Accountant from the Institute of Chartered Accountants of India, Suhail focuses on HealthCare, Digital, Internet of Things, as well as the Insurance and Mortgage industries.

BLOGS
ICOS AND CORPORATIONS – WHERE DO THEY INTERSECT?

Along with many others in the investing community, we at Wipro Ventures have been watching the ICO (Initial Coin Offering) and Token craze with a mix of interest, excitement, and measured caution. If you are not familiar with the topic, you can find a list of suggested resources at the end of this post.

CHOOSING THE RIGHT CORPORATE VENTURE INVESTOR

In today’s venture environment, there is an abundance of capital available for investment. According to research firm CB Insights, Corporate VCs alone invested $24.9B in 2016 and 53 new Corporate Venture units made their first investment in the first half of 2016,

CULTURAL CONSIDERATIONS WHILE INVESTING

Investment managers and business leaders often cite “culture” as a critical element while evaluating investments, M&As, or potential business partnerships.

INNOVATION @ WIPRO

Wipro’s Artificial Intelligence Platform, Holmes, is comprised of a rich set of cognitive computing services for the development of digital virtual agents, predictive systems, cognitive process automation, visual computing applications, knowledge virtualization, robotics and drones. Know More

Wipro Digital is a place where strategists, creative directors, designers, writers, media strategists, digital marketers, developers and relationship builders come together to create vibrant and relevant brand experiences on every level. Know More

INVESTMENT CRITERIA

AT WIPRO VENTURES, WE INVEST


  • In enterprise software, FinTech, and Healthcare IT
  • In early- to mid-stage companies with generally available products and paying customers
  • Alongside other institutional investors, with the ability to lead a round as appropriate
  • Between $1M - $10M per financing round, with flexibility to adjust as needed
  • In companies located in the U.S, India, and Israel
CONTACT US

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Mountain View, CA 94043
Phone: (650) 316 3555
Fax: (650) 316 3468
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Wipro Limited
Doddakannelli, Sarjapur Road
Bangalore - 560 035
India
Ph: +91 (80) 28440011
Fax: +91 (80) 28440256
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