Wipro has concluded its acquisition of Mindsprint, Olam Group's IT and digital services business, following regulatory approvals. The acquisition expands Wipro's farm-to-fork capabilities and brings Mindsprint's IP-led solutions including Tradesprint for commodity trading and Procuresprint for AI-enabled procurement, with the business now operating as a wholly owned subsidiary.
Wipro has announced that its acquisition of Olam Group's IT and digital services business, Mindsprint, has been concluded following the completion of relevant regulatory approvals, according to an official announcement. The Mindsprint acquisition was originally announced on April 6, 2026, as part of Wipro's 8-year strategic transformation deal from Olam Group, a food and agri-business headquartered in Singapore majority owned by Temasek Holdings. Under the terms, Mindsprint has become a wholly owned subsidiary of Wipro, operating as "Mindsprint, a Wipro Company".
Wipro is an AI-powered technology services and consulting company. Mindsprint employs over 3,200 professionals and has been an enabler of Olam Group's digital transformation journey, bringing deep domain expertise in the food and agri-business sector, alongside capabilities in supply chain transformation, digital platforms, and proprietary IP-led solutions including 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.
This development matters for the food and agri-business technology sector, where the strategic engagement expands Wipro's farm-to-fork capabilities, scaling the impact of Wipro Intelligence across the industry. Mindsprint's deep domain expertise and IP-led solutions across supply chain and commodity trading, combined with Wipro's consulting-led and AI-powered capabilities, aim to unlock growth opportunities, catalyse innovation, and drive market-ready transformation for Olam Group and Wipro's global clients in key areas such as farming, forecasting, trading, supply-chain operations, and customer engagement.
For the technology services industry, the acquisition strengthens Wipro's position in supply chain and commodity trading as well as the global food and agri-business sector, expanding the ability to deliver AI-powered, IP-led, and domain-centric transformation at scale. Rothschild & Co. acted as exclusive financial advisor to Wipro, and Avendus Capital acted as exclusive financial advisor to Olam Group and Mindsprint.
About GlobeNewsInfo
GlobeNewsInfo.com is a business news platform providing latest updates on global business developments, projects, and contract opportunities across diverse sectors and regions. The platform is designed to serve as a trusted source of information for companies, investors, and professionals worldwide.