Wipro Limited, founded in 1945 as Western India Vegetable Products Limited, evolved from a vegetable oil company into a global IT services powerhouse under Azim Premji's leadership, with key milestones in diversification, software innovation, acquisitions, and financial growth on BSE/NSE.
Wipro was incorporated in Mumbai as Western India Vegetable Products Limited, starting with vegetable oils and soaps.
Wipro went public and listed on the Bombay Stock Exchange (BSE), becoming one of the early publicly traded companies in India.
After the death of his father, Azim Premji took over Wipro at age 21, transforming it from a vegetable oil company into a diversified conglomerate.
Wipro entered the personal care and cosmetics market, launching products like soaps and shampoos, expanding beyond vegetable oils.
Wipro changed its name to Wipro Products Limited to reflect its broader product portfolio.
Wipro established Wipro Information Technology Limited, marking its entry into the information technology industry.
Wipro introduced its first indigenously developed microcomputer, the Wipro Series 86, competing in the Indian IT hardware market.
Azim Premji was formally appointed as Managing Director of Wipro, solidifying his leadership role.
Wipro created its first software product, a Unix-based system, becoming a pioneer in Indian software development.
Wipro started exporting software, entering global markets and laying the foundation for its international IT services business.
Wipro set up its Fluid Power division, manufacturing hydraulic and pneumatic components for industrial automation.
Wipro established a dedicated software development center in Bangalore, India's tech hub, to scale its IT services.
Wipro achieved ISO 9001 certification for its software development processes, setting a quality benchmark in India.
Azim Premji topped Forbes list of India's richest individuals, highlighting Wipro's market success.
Wipro acquired Apex Knowledge Solutions, a US-based consulting firm, to strengthen its BPO capabilities.
Wipro acquired the financial services division of American Management Systems, expanding its US presence.
Wipro entered the BPO sector with the launch of Wipro Spectramind, offering business process outsourcing services.
Wipro acquired US-based IT consulting firm NerveWire to boost its global consulting footprint.
Wipro acquired cMango, a US infrastructure management company, enhancing its IT infrastructure services.
Wipro acquired Infocrossing, a US-based IT infrastructure services provider, for $600 million, its largest acquisition at the time.
Wipro acquired the technology services unit of Citigroup (Citi Technology Services) to strengthen its banking IT offerings.
Wipro demerged its consumer care and lighting business into a separate entity, Wipro Enterprises, to focus on IT services.
T.K. Kurien became CEO of Wipro after Azim Premji stepped down, leading a major reorganization.
Wipro acquired Opus Capital Markets Consultants, a US firm specializing in capital markets IT, expanding its financial services.
Wipro acquired US-based HealthPlan Services, a healthcare BPO provider, to enter the healthcare market.
Abidali Neemuchwala succeeded T.K. Kurien as CEO of Wipro, focusing on digital transformation.
Wipro acquired Appirio, a US cloud services company, for $500 million to boost its cloud and digital offerings.
Wipro acquired International TechneGroup, a US engineering services firm, enhancing its engineering R&D capabilities.
Thierry Delaporte became CEO of Wipro, the first non-Indian CEO, ushering in a new strategic direction.
Wipro acquired Ampion, a US cybersecurity and cloud firm, strengthening its security services.
Wipro acquired Edgile (cybersecurity) and Convergence Acceleration Solutions (cloud) to expand its digital portfolio.
Wipro reported annual revenue exceeding $10 billion, marking a significant financial milestone.
Wipro introduced its ai360 platform, integrating AI across its services to drive innovation.