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Informist, Wednesday, Apr. 1, 2026

KOLKATA - Wipro Ltd. Wednesday said it has launched a dedicated artificial intelligence-powered native business and platforms unit to complement its services business. This will help to strengthen Wipro's position in the world of services as software, placing it at the forefront of innovation while delivering consulting-led, AI-powered transformation for clients, the company said in a statement.

With targeted investments and a distinct operating model, the unit will accelerate the development of enterprise-grade agentic AI solutions and enhance outcome-based value creation. It will also incubate new AI-led business streams through an invest-build-partner approach, working in close collaboration with Wipro Ventures and its broader partner ecosystem, according to the statement.

The business unit will bring together a rich portfolio of platforms and AI-native businesses. It will own and scale Wipro Intelligence's platform assets, including industry platforms such as NetOxygen--an AI-powered lending platform, CROAMIS--an integrated aviation cargo operations platform, and healthcare platforms like IHS and HPS.

"This strategic pivot further sharpens Wipro Intelligence's ability to deliver tangible value to clients and drive stronger business outcomes," said Srini Pallia, chief executive officer and managing director of Wipro in the statement. "It positions us to build and scale AI-led platforms at an unprecedented speed and unlock new growth opportunities. By deepening our capabilities across data, workflows, decision engines, and infrastructure, we are well-positioned to lead in the era of intelligent transformation."

Nagendra Bandaru, president and managing partner of technology services global business lines at Wipro, who has been with the company for nearly three decades, has been appointed chief executive officer of the new business unit, effective immediately. Bandaru will continue to report to Pallia.

Kanwar Singh has joined Wipro as the new president and managing partner of technology services global business lines and will report to Pallia while joining the company's leadership.

For the December quarter, on a consolidated basis, Wipro had reported a net profit of INR 31.19 billion on a revenue of INR 235.56 billion. Wednesday, its shares closed nearly 2% higher at INR 191.18 on the National Stock Exchange.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Avishek Rakshit

Edited by Rajeev Pai

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