Latest News | Wipro Consumer Care - Ventures Invests in Singapore-based Fund
Get latest articles and stories on Latest News at LatestLY. Wipro Consumer Care & Lighting's venture funding arm, Wipro Consumer Care - Ventures, has invested in a Singapore-based VC Fund DSG Consumer Partners IV, a statement said.
New Delhi, Mar 31 (PTI) Wipro Consumer Care & Lighting's venture funding arm, Wipro Consumer Care - Ventures, has invested in a Singapore-based VC Fund DSG Consumer Partners IV, a statement said.
The company did not disclose the amount of funding.
Also Read | OnePlus 10 Pro 5G Launched in India at Rs 66,999; First Sale on April 5, 2022.
DSG, since its inception in 2012, is focused on the Asian consumer segment with marquee investments in Southeast Asia as well as India, a statement from Wipro Consumer Care - Ventures said.
Last week, Wipro Consumer Care - Ventures had invested in a D2C Ayurveda brand - T.A.C.-The Ayurveda Co.
Also Read | OnePlus 10 Pro 5G India Price To Start at Rs 66,999: Report.
Wipro Consumer Care & Lighting CEO Vineet Agrawal said: "This is our first overseas investment from Wipro Consumer Care - Ventures. This is also the first time we are investing in a fund as Limited Partners (LP). Wipro Consumer Care & Lighting has a strong presence in South-east Asia, and we would be able to support startups in the region.”
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)