Wipro Consumer plans acquisitions with ₹7,000 crore fund
after close1 source ↓written by the desknot a recommendation
Wipro Consumer Care & Lighting is pursuing an aggressive acquisition strategy with a war chest of ₹6,000-7,000 crore. CEO Vineet Agrawal stated the company is targeting regional brands in spices and personal care to enhance its portfolio. The firm has completed nearly two dozen acquisitions, focusing on higher-margin segments.
This strategy may strengthen Wipro's market position and drive growth in the personal care sector. 📈
Not investment advice. For informational purposes only.