Wipro: $1 Billion Strategic Transformation Deal With Food And Agri-Business Company Olam Group

By Amit Chowdhry • Today at 7:22 AM

Wipro Limited announced it has secured one of its largest strategic transformation engagements, signing an eight-year agreement with Olam Group valued at over $1 billion, with a committed spend of $800 million.

As part of the agreement, Wipro will deliver end-to-end transformation services through a consulting-led and AI-powered approach. The company will leverage its Wipro Intelligence platform suite along with partnerships and domain expertise to strengthen Olam Group’s operations across its global farm-to-fork value chain.

The engagement will focus on key areas including farming, forecasting, trading, supply chain operations, and customer engagement, with the goal of improving operational effectiveness, resilience, and long term growth.

In conjunction with the deal, Wipro will acquire Olam Group’s IT and digital services business, Mindsprint, which employs more than 3,200 professionals. Mindsprint will become a wholly owned subsidiary of Wipro, subject to regulatory approvals, with the transaction expected to close by the end of June 2026.

Mindsprint has played a central role in Olam Group’s digital transformation and brings specialized capabilities in supply chain transformation, digital platforms, and proprietary solutions such as Farmsprint, Procuresprint, SprintAP, Salessprint, and Tradesprint.

Wipro said the acquisition will enhance its capabilities in the food and agri business sector and strengthen its ability to deliver industry-specific solutions at scale.

The partnership is also expected to support Olam Group’s broader reorganization strategy aimed at sharpening its focus on core businesses and maximizing shareholder value while advancing sustainability and operational efficiency across its global footprint.

KEY QUOTES:

“We are pleased to partner with Wipro on our transformation journey. Wipro’s scale, consulting led approach, innovation investments, and Wipro Intelligence position it well to advance Olam Group’s mission critical programmes and drive scalable outcomes. As Olam Group accelerates its journey towards being more agile, future ready, and in line with our priorities under the Re-organisation Plan to sharpen focus on core businesses and maximise shareholder value, we are bringing together the strengths of Mindsprint with Wipro. Mindsprint’s deep expertise in the food and agri business industry, combined with Wipro’s global capabilities, creates powerful synergies for growth and end to end transformation across the value chain.”

Sunny Verghese, Co-Founder And Group CEO, Olam Group

“Wipro’s strategic engagement with Olam Group is an important step in expanding our farm to fork capabilities and scaling the impact of Wipro Intelligence across the food and agri business industry. I welcome the leadership team and employees of Mindsprint who will become a part of the Wipro family. By bringing Mindsprint’s deep domain expertise and IP led solutions, together with Wipro’s consulting led and AI powered capabilities, we aim to unlock growth opportunities, catalyze innovation, and drive market ready transformation for Olam Group and our global clients across the industry.”

Srini Pallia, Chief Executive Officer And Managing Director, Wipro Limited