Wipro Limited (WIT) Completes Acquisition of Olam Group’s Mindsprint

Wipro Limited (NYSE:WIT) is one of the

8 Best Affordable AI Stocks to Buy Right Now.

On May 15, Wipro Limited (NYSE:WIT) reported that it completed the acquisition of Olam Group’s IT and digital services unit, Mindsprint, following regulatory approvals. It integrated the business as a wholly owned subsidiary operating as “Mindsprint, a Wipro Company.”

The company noted it originally announced the deal on April 6 as part of an eight-year strategic transformation engagement with Olam Group, which has nearly 40,000 people and is majority owned by Temasek Holdings. Mindsprint brings over 3,200 professionals and capabilities across supply chain, commodity trading, and IP-led platforms, including Farmsprint and Tradesprint, Wipro Limited (NYSE:WIT) noted.

Vinay Firake, CEO of Wipro APMEA, said the acquisition “strengthens Wipro’s position in supply chain and commodity trading” and expands its ability to deliver AI-powered transformation at scale.

Mindsprint CEO Suresh Sundararajan said joining Wipro Limited (NYSE:WIT) provides “greater scale” and access to consulting and AI capabilities, allowing broader, complete transformation for clients.

Wipro Limited (NYSE:WIT) is a multinational information technology, consulting, and outsourcing firm that creates and applies solutions. It operates in three segments: information technology services, India state-run enterprise services, and information technology products.

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