Wipro Arm In Asia-Pacific, Middle East Thrust
Wipro 01 Markets, the e-commerce initiative from the stable of the Rs 3,000 crore Wipro Ltd is all set to expand base to the Asia-Pacific and Middle East.
The e-commerce division, which notched up transaction volumes of Rs 210 crore and turned profitable last fiscal, is looking at the markets in Singapore, Malaysia, Hong Kong, Australia and Dubai.
It would also be leveraging the presence of another division of Wipro, Wipro Infotech, in these markets.
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Mythily Ramesh, head of Wipro 01 Markets, said the company has been able to get onto the path of profitability only because it had widened the number of industrial segments it was catering to.