Wipro has signed an 8-year strategic transformation deal with Olam Group valued at over $1 billion, with a committed spend of $800 million. The engagement will deliver AI-powered services across Olam's farm-to-fork value chain, while Wipro also acquires Mindsprint, Olam's digital transformation enabler, as a wholly owned subsidiary.
Wipro has secured a multi-year strategic transformation deal with Olam Group, with the 8-year engagement expected to exceed $1 billion in contract value and a committed spend of $800 million, according to an official announcement. Wipro will deliver end-to-end transformation services using its consulting-led, AI-powered approach, leveraging Wipro Intelligence across Olam's farm-to-fork value chain including farming, forecasting, trading, supply chain, and customer engagement.
Wipro is an AI-powered technology services and consulting company headquartered in India. Olam Group is a food and agri-business with over $50 billion in revenue, headquartered in Singapore, majority-owned by Temasek Holdings, and employing nearly 40,000 people. Under the agreement, Wipro will acquire Mindsprint, Olam Group's digital transformation enabler, as a wholly owned subsidiary subject to regulatory approvals, expected to close by the end of June 2026.
Mindsprint employs over 3,200 professionals primarily in India and brings domain expertise in food and agri-business, alongside IP-led solutions including Farmsprint for plantation management, Procuresprint for procurement transformation, SprintAP for payables, Salessprint for sales operations, and Tradesprint for commodity trading and risk management.
This development matters for the food and agri-business technology sector, where integrated farm-to-fork digital solutions are increasingly critical for supply chain resilience and operational efficiency. The combination of Mindsprint's domain IP with Wipro's global AI capabilities creates a specialised industry offering.
For the technology services industry, the deal demonstrates continued demand for large-scale transformation programmes in the agri-food sector. Stakeholders including farmers, suppliers, and trading partners stand to benefit from enhanced supply chain visibility and automation.
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.