Wipro to Acquire Additional 20% Stake in Aggne Global for $28.5M

Deal Summary

Wipro Ltd's step-down subsidiary, Wipro IT Services, LLC, announced it will purchase an additional 20% stake in insurtech firm Aggne Global Inc for $28.5 million, raising its ownership to 80%. The cash deal is expected to close by June 5, 2026, expanding Wipro's footprint in the property-and-casualty insurance technology market.