Wipro Share Price in Focus; Launches AI-Native Business Unit to Drive Growth

Wipro Limited has announced a strategic organisational shift with the launch of a new AI-focused business unit, aimed at strengthening its position in next-generation technology services. 

Launch of AI-Native Business & Platforms Unit 

The company has introduced a dedicated AI-Native Business & Platforms Unit to complement its core services and accelerate innovation-led growth.  

This unit is designed to build enterprise-grade AI solutions and expand platform-led offerings, aligning with the growing “services as software” model in the technology sector. 

It will also focus on developing AI-driven business streams through an invest-build-partner strategy, working closely with Wipro Ventures and its broader ecosystem. 

Leadership Appointments to Drive Execution 

Nagendra Bandaru has been appointed as the Chief Executive Officer of the new unit, bringing nearly three decades of experience within the company. 

Additionally, Kanwar Singh has joined as President and Managing Partner of Technology Services GBL, strengthening leadership depth. Both leaders will report to CEO and MD Srini Pallia. 

Focus on Platforms and Scalable Growth 

The new division will integrate and scale multiple platforms, including solutions across lending, aviation cargo operations, healthcare, telecom, and enterprise delivery systems.  

By combining platform capabilities with dedicated engineering teams, Wipro aims to enhance client outcomes, improve scalability, and drive non-linear growth opportunities. 

The initiative is expected to position the company strongly in AI-led transformation, with a sharper focus on data, workflows, and intelligent decision systems. 

Read More: TCS Cuts Bench Duration to 25 Days: Why Are IT Giants Like Infosys and Wipro Choosing A Leaner Workforce? 

Wipro Share Price Performance 

As of 01 April,2026, at 3:30 PM, Wipro share price closed at ₹191.10 per share, reflecting a surge of 1.84% from the previous closing price.  

Conclusion 

The launch of the AI-native unit marks a significant strategic shift for Wipro as it moves towards platform-led and AI-driven growth. By combining services with scalable AI platforms, the company is positioning itself to capture higher-value opportunities, improve operating leverage, and drive long-term sustainable growth in an increasingly competitive digital transformation landscape. 

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