|Industry||IT / Computer Software|
|Founded||29 Dec 1945|
|Location||Bengaluru, Karnataka, India 560035|
Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services. It is headquartered in Bengaluru, Karnataka, India.
In 2013, Wipro separated its non-IT businesses into separate companies.
The company was incorporated on 29 December 1945 in Amalner, Maharashtra by Mohamed Premji as "Western India Vegetable Products Limited", later abbreviated to "Wipro". It was initially set up as a manufacturer of vegetable and refined oils in Amalner, Maharashtra, British India, under the trade names of Kisan, Sunflower, and Camel.
In 1966, after Mohamed Premji's death, his son Azim Premji returned from Stanford University and took over Wipro as its chairman at the age of 21.
During the 1970s and 1980s, the company shifted its focus to new business opportunities in the IT and computing industry, which was at a nascent stage in India at the time. On 7 June 1977, the name of the company changed from Western India Vegetable Products Limited, to Wipro Products Limited.
The year 1980 marked the arrival of Wipro in the IT domain. In 1982, the name was changed from Wipro Products Limited to Wipro Limited. Meanwhile, Wipro continued to expand in the consumer products domain with the launch of "Ralak" a Tulsi based family soap and "Wipro Jasmine", a toilet soap. In 1988 Premji took a loan of 1 million dollars from Sonkar and Sons to set up the project. Later the entire loan amount was waived.
Credit : en.wikipedia.org