wipro consumer ventures

The Indian Army is organising a startup workshop in Jammu and Kashmir to boost business. WIN is a diversified engineering business in Hydraulics, Water Treatment, Additive Manufacturing, Aerospace and Automation Solutions. Founded in 2015, Wipro Ventures is a corporate venture capital investment arm of Wipro Limited based in Mountain View, California. Founded by Natasha Tuli in 2001. The clean beauty D2C startup claims to be a pioneer in offering cruelty-free beauty products. ”Onelife Nutriscience, which owns the consumer healthcare brand Onelife has raised funding from Wipro Consumer Care – Ventures, the venture capital arm of Wipro Consumer Care and Lighting. Wipro Consumer Care - Ventures (WCCV), the corporate venture capital arm of Bengaluru-based FMCG firm Wipro Consumer Care and Lighting, has closed its first deal with a Rs 4 crore or a little over $500,000 investment in Happily Unmarried Marketing, the company that retails personal care products Happily Unmarried and Ustraa. Wipro Consumer Care Ventures . Ltd. Bengaluru-based Wipro Consumer made the investment through its newly launched consumer-focused venture fund, it said in a statement. According to … Soulflower was founded by Natasha Tuli, a woman entrepreneur who focuses on transforming the natural care category of face, body hair care products. by Ashish Nain • February 15, 2021. Wipro Consumer Care - Ventures, the venture funding arm of Wipro Consumer Care & Lighting, said it has made its first overseas investment in Singapore-based venture capital (VC) Fund DSG Consumer Partners IV (DSG). Bengaluru: Wipro Consumer Care and Lighting has set up a venture fund to invest in start-ups in the consumer brands space with India and South East Asia being focus markets. Lead Investments 5. The brand claims to have unique formulations developed through robust R&D … Going by the inbound interest from startups in the consumer brands focused fund, Keshan believes that the corpus will be invested in 18-24 … The ' Wipro Consumer Care - Ventures' will focus on companies with a differentiated approach where both parties can learn by leveraging their strengths and add value to each other. Read More 6 … DSG has been focused on Asian consumer segment with marquee investments in South-east Asia as well as India, Wipro said in a statement. Summary Financials Investments People Signals & News Similar Companies. The company will use the funds to foray into newer channels, expand its product portfolio and invest in technology to scale up faster, Sumit Keshan, managing partner of Wipro Consumer Care Ventures, said. Wipro Consumer Care Ventures, the venture capital fund arm of Wipro Consumer Care & Lighting (WCCL), has invested an undisclosed amount in personal care start-up LetsShave. The venture capital fund which has a pool size of Rs 200 crore will be deployed over the next three years with fresh investments in 4-5 start-ups each year. About. One such company, Wipro Consumer Care and Lighting has announced that its venture capital arm, Wipro Consumer Care Ventures, has made significant investments in Onelife Nutriscience, a Mumbai-based consumer healthcare company. Connect to CRM . Wipro Consumer Care - Ventures invests in Soulflower Founded by Natasha Tuli, Soulflower caters to high efficacy Farm2Face personal care solutions in domestic and international markets.Our investment in Soulflower is part of our strategy to support innovative D2C Clean Beauty Brands. Wipro Consumer Care Ventures was set up in September 2019 with a corpus of ₹200 crore to invest in start-ups in the consumer brands space. Wipro Consumer Care- Ventures, a venture capital fund of Wipro Consumer Care Lighting, has signed an agreement to invest in Soulflower, a D 2 C company in the clean beauty space. Wipro Consumer Care Ventures has made 5 investments. Wipro Consumer Care Ventures has made 5 investments. This fund was announced on Sep 20, 2019 and raised a total of $28M. Wipro Consumer Care Ventures is a venture capital Fund. Their most recent investment was on Mar 23, 2022, when The Ayurveda Co raised $3M. Yardley was the second major global inorganic expansion deal struck by Wipro Consumer Care after it snapped up Unza, a Singapore-based FMCG major, for $256 million in 2007. Wipro Consumer Care & Lighting has a strong presence in South-east Asia, and we would be able to support startups in the region.” Commenting on the investments, Mr Sumit Keshan, Managing Partner, Wipro Consumer Care - Ventures said, “We are excited to announce two investments this week. Wipro Consumer Care and Lighting has set up a venture fund to invest in start-ups in the consumer brands space with India and South East Asia being focus markets. Wipro's FMCG unit, Wipro Consumer Care Lighting has announced a venture fund to support innovative startups working in the consumer brands space. Set up in 2019 with a corpus of ₹ 200 crore, Wipro Consumer Care Ventures focuses on immunity-building, hygiene and grooming products. The venture capital arm of the Azim Premji-backed FMCG company is in talks with over a dozen startups in these areas to invest ... April 21, 2020, Tuesday. Funds 1. Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. Wipro has been at the forefront of supporting innovation in India. Clean beauty D2C startup Soulflower, has raised an undisclosed amount from Wipro Consumer Care-Ventures, the VC fund of Wipro Consumer Care and Lighting. Wipro Consumer Care Ventures has acquired a minority stake in LetsShave, raising the company more than Rs 30 crore, according to The Economic Times, India Times. The government has proposed to reduce fees for intellectual property rights for startups and … Wipro Consumer Care - Ventures, the venture capital fund of Wipro Consumer Care & Lighting, has signed an agreement to invest in … Wipro Consumer Care Ventures, the venture capital fund arm of Wipro Consumer Care & Lighting (WCCL), has invested an undisclosed amount in personal care start-up LetsShave. He is currently leading the newly created VC fund at Wipro Consumer focusing on investing in innovative and disruptive startups in this space. Wipro Consumer Care inaugurates its factory in Telangana; Chandrika Pushpaveda Media Coverage; Funding in the FMCG sector to stay strong: Sumit Keshan, Wipro Consumer Care – Ventures; 9Unicorns leads $6 mn round in nutraceutical platform Power Gummies [Funding alert] Power Gummies raises $6M from 9Unicorns, Wipro, others Wipro Consumer Care–Ventures, the venture capital fund of Wipro Consumer Care & Lighting, has signed an agreement to invest in Soulflower, a D2C company in the clean beauty space. Onelife has a diverse set of offerings focusing on wellness, immunity, and overall nutraceutical segment. Wipro Consumer Care Ventures invests in LetsShave LetsShave focuses predominantly on shaving category, and is expanding into personal care categories like body care, skin care and electric trimmers, the city-headquartered Wipro said in a statement. It has a strong brand presence with significant market share across segments in India, South East Asia, East Asia, Africa and the Middle East. The acquisitions of Unza, Yardley, LD Waxsons and Ma Er – over the years have given Wipro Consumer Care a global footprint. Wipro Consumer Care, a unit of Wipro Enterprises Pvt. Bengaluru: Wipro Consumer Care and Lighting has set up a venture fund to invest in start-ups in the consumer brands space with India and South East Asia being focus markets. Leading the VC fund at Wipro Consumer-Ventures focusing on investing in innovative and disruptive startups in this space. Wipro Consumer Care and Lighting (Wipro Consumer Care), the number two personal care company in Malaysia and owner of the number one Halal facial care brand Safi, launches venture fund, Wipro Consumer Care – Ventures, to invest in innovative consumer brand start-ups in South East Asia and India. Wipro Enterprises (officially Wipro Enterprises Private Limited) is a privately-held Indian company whose main activities are in the fast-moving consumer goods, lighting, and hydraulic cylinders, Industrial Automation, 3D Printing and Aerospace component manufacturing and Industrial Water treatment business. Funding. The … The campus also houses Wipro Consumer Care's India Research and Innovation Centre. Barely two months after launching a Rs 200 crore ($28 million) maiden fund, Sumit Keshan, managing partner at Wipro Consumer Care Ventures, is already expecting a second and larger fund to follow within two years. The company, however, did not disclose the financial details of the transaction. Wipro Consumer Care–Ventures, the venture funding arm of Wipro Consumer Care & Lighting has announced its investment in DSG Consumer Partners IV, a Singapore-based VC Fund. In a statement, the company said that “The venture will focus on the consumer’s brands. The firm seeks to invest in early to mid-stage companies operating in the enterprise software, fintech, and healthcare IT sectors. Investing professional with more than 2.5 decades of experience in VC, PE, M&A and Business Operations. Wipro Ventures General Information Description. Soulflower was started by Natasha Tuli, an entrepreneur focused on transforming the natural personal care category of face, body and hair care products. Legacy consumer companies have been showing a growing interest in healthcare brands since the COVID-19 outbreak in 2020. Soulflower was founded by Natasha Tuli, a woman entrepreneur focused on transforming the natural personal care category of face, body & hair care products. It didn’t disclose the amount. Covid-19: Wipro Consumer Care fast-tracks launch of health-related products. Wipro Consumer Care - Ventures, the venture funding arm of Wipro Consumer Care & Lighting has announced its investment in DSG Consumer Partners IV, a Singapore-based VC Fund. 0. Wipro Consumer Care-Ventures is a venture capital fund managed by Wipro Consumer Care-Ventures. Onelife has a diverse set of offerings focusing on wellness, immunity, and overall nutraceutical segment. Wipro Infrastructure Engineering is a diversified engineering business in the fields of Hydraulics, Water Treatment, Additive Manufacturing, Aerospace and Automation Solutions. The strategic move will help Wipro in expanding its reach and expertise in the innovative consumer tech market. It had earlier invested in LetsShave and Ustraa. Till … A part of Wipro Enterprises, it has appointed Sumit Keshan, a former Wiproite, as the Managing Partner of the Ventures, it said in a statement. Capital Raising; Business (India) India; Money (India) Finance (India) Wipro Limited. Mr. Sumit Keshan, Managing Partner, Wipro Consumer – Ventures comes with more than two decades of experience in VC, PE, M&A and Business Operations. Highlights. Ltd, has invested in Chandigarh-based male grooming startup LetsShave Pvt. Since its inception in 2012, DSG is focused on Asian consumer segment with marquee investments in South-east Asia as well as India. “We plan to rapidly expand our newly launched portfolio of shower, beard, body and electric trimmers to focus on becoming a one-stop grooming solution for men and women,” LetsShave CEO Sidharth … It almost entirely owned by Azim Premji, his associates, and his charitable associations. The company was founded in 2013 as a spin-off of Wipro Limited 's non-IT businesses. Wipro Consumer Care and Lighting (WCCLG) caters to the fast-moving consumer goods (FMCG) segment dealing personal care, home care, lighting and furniture products. Their most recent investment was on Mar 23, 2022, when The Ayurveda Co raised $3M. Set up in 2019 with a corpus of ₹ 200 crore, Wipro Consumer Care Ventures focuses on investment categories such as hygiene, immunity building, and grooming products. Wipro GE Medical Systems is a joint venture between GE Healthcare South Asia and Wipro in 1990 and is currently one of the top Wipro companies in India. We are excited to be supported by Wipro Consumer Care. Wipro Consumer Care Ventures has raised a total of $28M in a single venture fund, Fund I. The company will use the funds for its next level of growth Onelife Nutriscience, which owns the consumer healthcare brand Onelife has raised funding from Wipro Consumer Care – Ventures, the venture capital arm of Wipro Consumer Care & Lighting. Founded in 2015, Wipro Ventures is a corporate venture capital investment arm of Wipro Ltd. based in Mountain View, California. The firm seeks to invest in early to mid-stage companies operating in the enterprise software, fintech and healthcare IT sectors. Bangalore, Karnataka, India 24,051 Highlights Funds 1 Investments 5 Similar Companies 3 Details Headquarters Regions Asia-Pacific (APAC) Sub-Organization of Wipro Consumer Care and Lighting Operating Status Active Lists Featuring This Company Investors with Funds Raised in 2019 Wipro Consumer Care Ventures has acquired a minority stake in LetsShave, raising the company more than Rs 30 crore, according to The Economic Times, India Times. The 'Wipro Consumer Care - Ventures' will focus on companies with a differentiated approach where both parties can learn by leveraging their strengths and add value to each other. Connect to CRM . 180. Legacy consumer companies have been showing a growing interest in healthcare brands since the COVID-19 outbreak in 2020. However, the company has not disclosed the amount. Summary Financials Investments People Signals & News. The company will use the … Last year, Wipro Consumer acquired privately held FMCG firm VVF’s soap brands Aramusk and Moloy (which were in turn acquired from German consumer product major Henkel). Highlights. With Covid-19 boosting the demand for health and hygiene products, Wipro Consumer Care Ltd.’s (WCCL) VC fund is looking at expanding its scope of investment by focusing on segments like hygiene, health supplements and immunity, in addition to new-age consumer tech and grooming firms. One such company, Wipro Consumer Care and Lighting has announced that its venture capital arm, Wipro Consumer Care Ventures, has made significant investments in Onelife Nutriscience, a Mumbai-based consumer healthcare company. Unit of Wipro Limited, when the Ayurveda Co raised $ 3M investing with... Yardley business < /a > About fund, IT said in a statement, the company has not disclosed amount... 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