Wipro Enterprises
Wipro Enterprises Private Limited (stylized as Wipro Enterprises) is a privately held Indian company whose main activities are in the fast-moving consumer goods, lighting, hydraulic cylinders, industrial automation, 3D printing and aerospace component manufacturing and industrial water treatment business. It is almost entirely owned by Azim Premji, his associates, and his charitable associations. Revenues of the company stood at US$1.44 billion in 2020–21. The company was founded in 2013 as a spin-off of Wipro Limited's non-IT businesses. Subsidiaries Wipro Consumer Care and Lighting Wipro Consumer Care and Lighting (WCCLG) caters to the fast-moving consumer goods (FMCG) segment dealing in personal care, home care, lighting and seating solutions. Established as Western India Vegetable Products in 1945, its first product was vegetable oil, later sold under the brand name "Sunflower Vanaspati." Later the company also launched laundry bars under the brand name "787". It has gone on to sell personal care products like Santoor, Chandrika, Aramusk and Yardley, which are its toilet soap brands. It also owns the Wipro Safewash, Softouch, Maxkleen and Giffy range of home care products. The firm also sells lighting products that include Garnet LED lights. and Smartlite CFL. Through product sales and acquisitions, Wipro Consumer Care and Lighting has grown steadily in the FMCG segment in Asia. Its turnover as of March 2022 was Rs. 8634.6 Crore (US$1.16 billion) Mergers and acquisitions - Consumer Care Business 2003 - Glucovita brand from HLL. 2003 - Chandrika Soap 2006 - Northwest Switches for Rs. 102.2 crore. 2007 - Singapore-based Unza Holdings for ₹1,010 crore. 2009 - Yardley India and Middle East business (undisclosed sum). 2011 - Aramusk 2011 - Yardley global business 2013 - L D Waxsons, Singapore Rs.790 crore 2016 - Zhongshan Ma Er, China 2019 - Splash Corporation, Philippines 2019 - Canway Corporation, South Africa Wipro Consumer Care Ventures In September 2019, Wipro Consumer Care and Lighting launched Wipro Consumer Care Ventures, a venture fund to invest in startups in India and Southeast Asia. The company has invested in 7 companies in India including a few D2C brands. In March 2022, Consumer Care Ventures invested in a Singapore-based VC fund. Wipro Infrastructure Engineering (WIN) Wipro Infrastructure Engineering is the hydraulics business division of the firm and has been in the business of manufacturing hydraulic cylinders, truck cylinders, and their components since being established in 1976 as part of Wipro. It also includes the company's industrial water treatment business. This division delivers hydraulic cylinders to international OEMs . In 2006, Sweden-based Hydrauto Group AB was acquired by Hydraulics business for ₹142.6 crore. In 2011 acquired Brazil-based hydraulic cylinder manufacturer RKM Equipamentos Hidraulicos. In the same year entered a joint venture with Kawasaki Precision Machinery Pvt. Ltd. to manufacture hydraulic pumps for excavators in 2011. 2013 SC Hervil SA in Romania was acquired. In 2016 the business acquired Israel-based Gijon HR in Aerospace business. In 2021, the Aerospace business set up a new manufacturing facility in Bengaluru. 2017 - tied up with Israel Aerospace Industries to manufacture composite aerostructure