Wipro Secures $1B Olam Deal, Buys Mindsprint for $375M

Bengaluru-based IT services giant Wipro has secured an eight-year strategic transformation deal with Singapore-headquartered Olam Group, valued at more than $1 billion, including the acquisition of Olam's digital services arm, Mindsprint, for $375 million in an all-cash transaction.

The agreement, announced on April 6, 2026, features a committed spend of $800 million from Olam, a Temasek-backed food and agribusiness company with operations in over 60 countries and nearly 40,000 employees. Under the deal, Wipro will provide end-to-end transformation services across Olam's farm-to-fork value chain, encompassing farming, forecasting, trading, supply chain operations, and customer engagement. The company plans to deploy its AI-powered suite, Wipro Intelligence, alongside industry-specific solutions to enhance operational effectiveness and build resilience.

As part of the broader engagement, Wipro will acquire a 100 percent stake in Mindsprint, founded in 2007 and based in Singapore. The unit, which employs over 3,200 professionals across India, Singapore, the United States, the United Kingdom, and the Middle East, specializes in technology and digital services including enterprise...