Info-tech

Wipro arm invests in US-based app testing firm Headspin

Our Bureau Bengaluru | Updated on January 09, 2018 Published on December 15, 2017

Wipro has partnered with Headspin, a San Francisco-based app testing company that offers next-generation engineering and testing solutions on global mobile networks.

Wipro Ventures, the strategic investment arm of Wipro Ltd that is focused on investing in early- to mid-stage start-ups, made an investment in Headspin in October. It, however, did not disclose the quantum of funding.

This partnership will leverage Headspin’s network of 22,000 mobile devices deployed in carrier networks across 150 locations along with Wipro’s ability to monitor applications, identification of performance bottlenecks and rectification of inefficient content delivery to ensure a smooth experience for end users, across geographies, the company said in a statement.

“In today’s world, mobile is a critical channel for doing business and hence, the reliability and performance of mobile devices and applications are key to enabling a superior customer experience,” said Hiral Chandrana, Senior Vice-President, Business Application Services, Wipro.

Wipro Ventures is the $100-million corporate venture fund of India’s third largest software exporter, which has invested $24.5 million in nine start-ups between 2015 and 2017, according to data it has filed with the US Securities Exchange Commission. The fund is headed by Wipro Chief Strategy Officer Rishad Premji, the elder son of chairman Azim Premji. The venture fund is focussed on niche technology start-ups such as open source, data, AI, fintech, mobility and industrial internet.

The start-ups funded by the Wipro venture fund include Vectra Networks, Emailage Corporation, Altizon Systems, Vicarious, Drivestream Inc, Avaamo, Intsights, Talena, and TradeShift.

Published on December 15, 2017
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