Tuesday, March 17, 2015

Wipro invests US$5M in US-based cloud startup Drivestream

The Bangalore-headquartered IT company recently floated a US$100 million fund to back tech startups Wipro Ventures, the US$100 million VC arm of Indian IT services major Wipro, has invested US$5 million in US-based cloud startup Drivestream*in exchange for a minority stake. This partnership gives the customers of Wipro and Drivestream the ability to benefit from...

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