Wipro has agreed to acquire Mindsprint, the IT services business of Singapore-based food and agri-business major Olam Group, in a deal valued at $375 million (about ₹3,494 crore).
Under the terms of the acquisition of Mindsprint by Wipro, Mindsprint will become a wholly owned subsidiary of Wipro, subject to regulatory approvals and closing conditions. This is expected to close at quarter ending Q1 FY27 (end of June 2026).
“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,” said Srini Pallia, Chief Executive Officer and Managing Director, Wipro Limited.
Sunny Verghese, Co-Founder and Group CEO of Olam Group, said: “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.”
Primarily based in India, Mindsprint employs over 3,200 professionals and has been an enabler of Olam Group’s digital transformation journey. It brings deep domain expertise in the food and agri-business sector, alongside strong capabilities in supply chain transformation, digital platforms, and proprietary IP‑led solutions such as Farmsprint for plantation management, Procuresprint for agentic AI-enabled procurement transformation, SprintAP for payables transformation, Salessprint for sales operations, and the Tradesprint Commodity Trading and Risk Management platform.
