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Wipro invests in US based AI startup vFunction
Wipro invests in US based AI startup vFunction

Wipro invests in US based AI startup vFunction

Wipro is investing over USD 1 billion over the next three years to build out the capabilities of Wipro FullStride Cloud Services.

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Key takeaways

  • Wipro has partnered with vFunction to enhance its cloud services and digital transformation solutions.
  • The investment exceeds USD 1 billion over three years to strengthen Wipro FullStride Cloud Services.
  • vFunction's AI technology aids in modernising Java applications and facilitates cloud migration for enterprises.
  • The partnership aims to support businesses in achieving cloud-native architecture and application modernisation.
5 min

Wipro Limited  has formed a joint go-to market partnership with Palo Alto-based startup vFunction.  The partnership will reinforce Wipro FullStride Cloud Services’ position as a leading provider of digital transformation solutions and further Wipro’s commitment to accelerating cloud innovation for clients. Wipro Ventures, the corporate investment arm of Wipro, has invested in vFunction’s Series A.

“We are proud to partner with vFunction to enhance our cloud offerings and provide clients with additional capabilities in a critical sector. Wipro is investing over USD 1 billion over the next three years to build out the capabilities of Wipro FullStride Cloud Services, and we are committed to working with partners and other industry leaders to deliver a cloud ecosystem that meets our clients’ needs,” said Ramachandran Padmanabhan, Vice President, Wipro FullStride Cloud Services.

vFunction has developed a scalable, AI-based technology platform for modernising Java applications and accelerating migration to the cloud. The firm helps enterprises to eliminate the time, risk, and cost constraints of modernising business applications.

“Wipro is an established leader in the cloud segment, and we are excited to partner with them to accelerate our joint customers’ journey to cloud-native architecture. As more and more businesses embrace the cloud to gain a competitive edge, this partnership will be critical in helping them realise the benefits of application modernisation and moving to the cloud,” said Moti Rafalin, CEO and co-founder of vFunction.

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