Wipro Ventures buys into BPO platform Tradeshift

Wipro’s venture arm has invested an undisclosed amount in business process platform company Tradeshift. The IT firm said it will partner with the startup to offer cloud-based supply chain solutions. Wipro said the partnership would help customers boost automation in their procurement, finance and accounting functions. In a statement, Wipro’s global head of business process services, Nagendra Bandaru, said joining forces with an innovative company such as Tradeshift will provide Wipro’s customers access to a global, cloud-based supply chain platform. Tradeshift is a startup based out of San Francisco in the US.