Wipro Launches New Financial Services Advisory Capability in India

BANGALORE, India, November 3, 2022 /PRNewswire/ — Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology advisory and services company, has announced the launch of a new financial services advisory capability in India. Capco, a Wipro company, will complement Wipro’s presence in the Indian financial services industry through its business in Bombay jointly offer end-to-end transformation services for this industry.

The value of the Indian consulting market is estimated at $8.6 billionof which financial services account for an estimated share $2.95 billion*. In partnership with Wipro, Capco will offer strategic advisory and consulting capabilities to Indian financial services companies that are on their digitalization journey. To do this, Capco will rely on the know-how of Wipro India presence, relationships, scale and proven expertise in delivering a full suite of digital transformation services.

Anis Chenchah, CEO of Asia Pacific, Middle Eastand Africa (APMEA), Wipro Limitedsaid: “Capco’s expertise in financial services advisory India aims to accelerate the end-to-end transformation journeys of our clients. I am confident that the joint strengths of Wipro and Capco will play an important role in the next phase of industry innovation. This enriches our full range of capabilities, ensuring that we are well positioned to help our customers achieve their growth ambitions.”

Lance LevyCEO of Capco and executive sponsor of Wipro’s Financial Services businesssaid: “I am delighted to showcase Capco’s financial services advisory capability in India. We will combine our deep domain expertise in digital banking and insurance, data and cloud transformation, intelligent automation and cybersecurity with Wipro’s scale and expansive delivery to deliver an experience new and dynamic end-to-end transformational approach to our most important customers. .”

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on creating innovative solutions that meet customers’ most complex digital transformation needs. By leveraging our holistic portfolio of consulting, design, engineering and operations capabilities, we help our clients realize their boldest ambitions and build sustainable, future-ready businesses. With more than 250,000 employees and business partners in 66 countries, we deliver on our promise to help our customers, colleagues and communities thrive in an ever-changing world. For more information, visit www.wipro.com.