Wipro Consumer Care Ventures expands its investment focus into pet care, home appliances, and packaged foods while increasing deal sizes to up to ₹30 crore. The firm aims to strengthen its footprint in India and Southeast Asia through targeted startup investments and fund commitments. The move reflects a broader strategy to diversify its portfolio beyond its core consumer care sector.
Wipro Consumer Care Ventures leads the early-stage investment round for a Singapore-based women’s health startup. The funding supports the development of health solutions tailored to women’s wellness needs. Details on the startup’s specific products or services remain undisclosed.
Wipro Consumer Care backs women’s health startup **Gynoveda** with an undisclosed investment. The move expands Wipro’s focus into health-tech startups specializing in women’s wellness solutions. Gynoveda develops products and services targeting reproductive and menstrual health challenges.
Wipro Consumer Care Ventures plans to pursue **4 to 6 investment deals** in the coming year, expanding its focus on health and wellness sectors amid heightened consumer attention driven by the Covid-19 pandemic. The venture arm targets opportunities aligned with evolving consumer priorities, though specific sectors or targets remain unspecified. The move reflects broader industry trends toward wellness-driven investments.
Dec 2020Wipro Consumer Care & LightingNews article
Wipro Consumer Care Ventures
Wipro Consumer Care Ventures, venture arm of Wipro Consumer Care & Lighting, backs consumer startups in India, South East Asia.
