Wipro Deepens Its Push Into Digital Agriculture With a More Than $1 Billion Deal With Olam Group
🌿 Wipro has signed an 8-year digital transformation agreement with Olam Group, one of Singapore’s major food and agribusiness companies, with total deal value expected to exceed $1 billion. Olam’s committed spending alone is estimated at around $800 million, or $100 million per year.
🤝 Alongside the services agreement, Wipro will also acquire 100% of Mindsprint for $375 million in cash. The unit currently has more than 3,200 employees, generated about $135.6 million in 2025 revenue, and brings specialized capabilities in agricultural supply chains, digital platforms, and agri-tech.
📈 The market reacted positively to the announcement, with Wipro shares rising as much as 3.2% during the April 6 session. The deal suggests the company is pushing deeper into specialized industry verticals rather than competing only through traditional IT services.
🔄 For Olam, the transaction marks another step in its broader restructuring plan and sharper focus on core operations. If completed on schedule by the quarter ending June 30, the deal could help both sides accelerate the digitalization of agricultural value chains in the coming years.