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After IT, Wipro's Azim Premji, Infosys's Narayana Murthy squaring off in $3-bn e-commerce market

Aug 15, 2014 3:16:10 AM / by Shanmugavel Sankaran posted in flipcart, infosys, Wipro, azim premji, Blog, ecommerce, entrepreneur, narayana murthy

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India's tech titans and fierce cross-town rivals, Wipro's Azim Premji and Infosys' N R Narayana Murthy, are squaring off in the burgeoning $3-billion e-commerce market space too. Premji has gone with the domestic players; he has investments in Myntra (recently acquired by Flipkart) and Snapdeal while Murthy has placed his bets on global e-tailing giant Amazon.

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Premji Jr. to head Wipro’s venture arm, to invest Rs 600 cr in startups

Jul 28, 2014 12:13:17 AM / by Shanmugavel Sankaran posted in funding, startups, Wipro, Blog, business, entrepreneur

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Wipro is setting up a corporate venture arm to be spearheaded by Rishad Premji that will initially invest up to $100 million (Rs 600 crore) in startups to help the country's third-largest software exporter fill the missing innovation strand.

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