Wipro Consumer Care Ventures plots ₹250 cr second fund, ₹10-30 cr cheques, SE Asia push

Wipro's CVC arm is scaling up: bigger ₹10-30 crore cheques, a ₹250-crore second fund, and fund-of-funds bets to back consumer startups across India and Southeast Asia. Expansion targets pet care, appliances and packaged foods, with two portfolio exits teed up in the next 18 months from a 16-company book.

— Source publishedTue, 2 Jun, 2026, 12:15 IST·First seen Tue, 2 Jun, 2026, 12:20 IST·Source Mint · Companies

What happened

Wipro Consumer Care Ventures plans larger ₹10-30 crore cheques, fund-of-funds bets, and expansion into pet care, appliances and packaged foods across India and

Key facts

  • ₹10-30 crore cheques
  • ₹250-crore second fund
  • ₹200-crore first fund
  • 85% first fund deployed
  • 16 portfolio companies
  • $1 billion M&A spend
  • 2 exits in 18 months

Why this matters

Wipro Consumer Care is signaling appetite for larger strategic stakes and cross-border consumer M&A optionality across India and Southeast Asia over the next 18 months.

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