Wipro’s investment arm, Wipro Ventures has invested in Tradeshift which is a business commerce platform.
It has said in a statement that “Wipro Ventures has made an investment in Tradeshift to strengthen the partnership and further develop Tradeshift’s innovative applications, trade financing solutions, platform and business to business marketplace ecosystem.”
However, the details of the investment has not been disclosed.
According to Wipro, “The partnership aims to help customers accelerate digitalisation and automation in their procurement, finance and accounting functions.”