Wipro bags $1 billion contract from Olam Group, in which Temasek Holding has majority stake

Wipro Ltd. on Monday (April 6, 2026) mentioned it bagged an 8-year contract price $1 billion from Olam Group, a Singapore-based meals and agri‑enterprise agency in which state-owned funding agency Temasek Holdings has a majority stake.

Wipro mentioned as a part of the contract it could purchase Olam Group’s IT and digital companies enterprise, Mindsprint, for $375 million, an all-cash deal. Mindsprint would change into a completely owned subsidiary of Wipro, topic to regulatory approvals and shutting circumstances. The acquisition course of is predicted to shut by the tip of Q1 FY27.