New Delhi, Feb. 26 -- IT major Wipro on Wednesday said it will invest USD 200 million (about Rs.1,740 crore) in its arm Wipro Ventures to accelerate its funding for startups in the technology innovation space.

This marks the fourth funding round for Wipro Ventures since it began operations ten years ago, and is aimed at speeding up investments in startups at the early to mid-stage level, a company statement said.

"This latest investment reaffirms our commitment to helping startups grow faster, innovate, and collaborate with the IT services industry to support large enterprises. We envision a collaborative ecosystem, where these emerging technologies can be deployed globally, drive progress, and create sustainable value for all stakehold...