India’s Wipro Acquires Singapore-Based Olam Group’s IT Business in…

Team S · 2026-04-06T16:33:05.000Z

India-based Wipro has announced the acquisition of the IT services business of Singapore-headquartered Olam Group in a deal valued at approximately $375 million, marking one of the company’s largest strategic moves in recent years. The acquisition involves Wipro’s subsidiary acquiring a significant stake in Mindsprint, Olam’s digital and technology services arm, which delivers solutions across sectors such as agribusiness, manufacturing, retail, and healthcare. This move strengthens Wipro’s domain expertise in industry-specific consulting while enhancing its capabilities in cybersecurity, cloud, and digital transformation services. In addition to the acquisition, Singapore-based Olam Group has entered into a long-term strategic partnership with Wipro, awarding an eight-year services contract with a committed annual spend of $100 million. The total value of this engagement is expected to exceed $1 billion, providing strong revenue visibility and reinforcing Wipro’s position in global IT services. This deal reflects a broader trend of Indian IT giants expanding through strategic acquisitions and long-term contracts to strengthen global delivery capabilities and deepen sector-specific expertise. For Wipro, the integration of Mindsprint not only enhances its consulting-led approach but also creates a more embedded and long-term client relationship compared to traditional outsourcing models. As global enterprises increasingly demand integrated digital solutions, this acquisition positions Wipro to capture higher-value opportunities, particularly in the food and agribusiness sectors, while reinforcing its presence across international markets.

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India’s Wipro Acquires Singapore-Based Olam Group’s IT Business in… | Newnex