Wipro Increases Stake in Aggne Global to 80%
Indian technology company Wipro is set to increase its stake in US-based insurtech firm Aggne Global from 60% to 80%, acquiring an additional 20% for $28.5 million (Rs1.95 billion). The transaction, expected to close by June 5, 2026, is part of Wipro's strategy to strengthen its position in the insurance sector through AI and IP-led transformation services.
Topics: Aggne Global AI services insurtech P&C insurance Wipro