Wipro Consumer Care and Lighting has launched “Wipro Consumer Care–Ventures”, a startup venture fund to invest in startups in the consumer brands space. The venture will focus on companies with a differentiated approach where both parties can learn by leveraging their strengths and add value to each other.
Wipro Consumer Care & Lighting is a $1 billion plus arm of Wipro Enterprises, and is among the fastest growing fast moving consumer goods (FMCG) businesses in India.
Source: The Live Mint