Wipro Acquires Additional 20% Stake in Aggne Global for US$28.5M, Raising Total Stake to 80%

According to regulatory filing, Wipro will acquire an additional 20% stake in Aggne Global Inc, an insurtech firm, for US$28.5 million through its subsidiary Wipro IT Services LLC, raising its total shareholding to 80%. The deal is expected to close by June 5, 2026. This follows Wipro's initial 60% acquisition of Aggne Global in February 2024 for approximately US$66 million, aimed at strengthening its insurance and insurtech capabilities.
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