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.

Read More


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: