ntel Capital’s Venu Pemmaraju & company veteran Biplab Adhya to lead Wipro’s startup investments


Wipro, India’s third largest software company, is doubling down on its hunt for the next disruptive startups by hiring an Intel Capital executive and promoting a company veteran from within to set up its corporate venture arm in the Silicon Valley.

Venu Pemmaraju, a senior investment manager at Intel Capital’s San Francisco, Bay Area offices, and Biplab Adhya, who currently heads Wipro’s Oracle software practice, are being appointed to lead the company’s Corporate Venture arm backed with a $100 million (Rs 600 crore) fund.

The duo will lead Wipro’s startup investments, and report to Rishad Premji, the chief strategy officer, according to people familiar with the decision.

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