Debasis Mohapatra
Bengaluru, 6 April 2026
IT services major, Wipro on Monday said it has secured a multi-year large deal from Singapore-based food & agri-business conglomerate, Olam worth around $1 billion.
The eight-year engagement with Olam Group is expected to exceed $1 billion in contract value, with a committed spend of $800 million, the company said in an exchange filing.
Olam is a $50 billion plus food and agribusiness conglomerate headquartered in Singapore, which employs nearly 40,000 people. The company is majority-owned by Temasek Holdings.
As part of the mega outsourcing deal, Wipro will acquire Olam’s IT Services arm- Mindsprint for $350 million, the exchange filing said. The acquisition is likely to be completed by June 30, 2026.
Under the multi-year mega outsourcing deal, Wipro will partner in an end-to-end transformation through a consulting-led and AI-powered approach.
Wipro will deploy its capabilities across Olam Group’s ‘farm-to-fork’ value chain, delivering industry-specific solutions that align with the Group’s business priorities. This will focus on areas such as farming, forecasting, trading, supply chain operations, and customer engagement among others.
“Wipro’s strategic engagement with Olam Group is an important step in expanding our farm-to-fork capabilities and scaling the impact of Wipro Intelligence across the food and agri-business industry. I welcome the leadership team and employees of Mindsprint, who will become a part of the Wipro family. By bringing Mindsprint’s deep domain expertise and IP-led solutions, together with Wipro’s consulting-led and AI-powered capabilities, we aim to unlock growth opportunities, catalyze innovation, and drive market‑ready transformation for Olam Group and our global clients across the industry,” Srini Pallia, CEO of Wipro said.
