Wipro secures $ 1 billion Olam Group deal, to buy Mindsprint for $375 million
By
Binu Mathew
IT services firm Wipro has secured an eight-year transformation deal with Singapore-based food and agri-business major Olam Group, which is expected to exceed USD 1 billion (about Rs 9,314 crore) in contract value.
As part of the broader engagement, Wipro said it will acquire Olam Group’s IT and digital services business, Mindsprint Pte. Ltd., for USD 375 million (about Rs 3,494 crore).
