Wipro and Factory Partner to Accelerate Agent-Native Software Development For Enterprises Globally

Business Wire India

Wipro Limited, (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, and Factory, a leading agent-native software development platform and a portfolio company of Wipro Ventures, today announced a strategic partnership to help enterprises operationalize agent-native development across their engineering organizations. Wipro Ventures, the corporate investment arm of Wipro Limited, also announced its participation in Factory’s recent funding round.

 

Factory enables engineering teams to delegate meaningful portions of software development to AI agents, called Droids, across the development lifecycle. When implemented across an organization, Droids enable feature development, refactors, migrations, testing and more to be completed at a greater efficiency and scale than ever before while preserving existing engineering standards and architectural consistency.

 

Wipro will integrate Factory’s capabilities into its WEGA agent?native delivery platform to further enhance Wipro Intelligence™, the unified suite of AI-powered platforms, solutions, and transformative offerings. Factory will be rolled out across tens of thousands of engineers thereby accelerating the creation of production-ready code and helping Wipro shorten innovation cycles, enhance code quality, and unlock greater value for its clients. Wipro will offer Factory-enabled solutions to its clients across key industry sectors including banking and financial services, healthcare, manufacturing, retail, and technology.

 

partnership with Factory reflects a broader shift among global enterprises, from Al experimentation towards production-scale adoption. Together we will help clients modernize faster and accelerate development using safe, production-grade autonomous agents.”

 

Ali Wasti, Managing Partner, Wipro Ventures, noted, “Enterprises today are under immense pressure to innovate faster while maintaining quality and security. Our investment reinforces Factory’s strength as an enterprise-grade AI platform and Wipro Ventures’ commitment to backing cutting-edge AI platforms that transform enterprise software development.”

 

“We are excited to partner with Wipro to bring autonomous software development to global enterprises,” said Matan Grinberg, Co?Founder and Chief Executive Officer of Factory. “Wipro’s strong enterprise relationships and engineering capabilities, combined with Factory’s AI?native development platform, create a powerful foundation for organizations looking to significantly improve software delivery performance.”

About Wipro Limited  

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our consulting-led approach and the Wipro Intelligence™ unified suite of AI-powered platforms, solutions and transformative offerings, we help clients realize their boldest ambitions to build intelligent and sustainable businesses. The Wipro Innovation Network – part of the Wipro Intelligence™ suite – underpins our commitment to client-centric co-innovation and co-creation by bringing together capabilities from the innovation labs and partner labs, academia, and global tech communities.  With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.

 

About Wipro Ventures

Wipro Ventures is the corporate investment arm of Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) focused on investing in early to mid-stage enterprise software startups that specialize in AI, Data, Cybersecurity, and Cloud technologies. With assets worth over $500 million under management, Wipro Ventures helps portfolio companies accelerate growth and market expansion while providing Wipro’s customers early access to these innovative technologies. Wipro Ventures, along with the Wipro Intelligence™ unified suite of AI-powered platforms and solutions, underpins Wipro’s commitment to client-centric innovation. For more information, please visit https://www.wipro.com/ventures/.

 

About Factory

Factory is pioneering agent-native development, a new way of building software that keeps developers in control of the important high-level details while agents – or Droids – handle the coding. By shifting from autocomplete to delegation, Factory puts the orchestration and management of Droids into the hands of engineers and enables teams to ship faster, improve code quality, and embrace a new philosophy of working with AI. Founded in 2023 and headquartered in San Francisco, Factory is backed by investors including Wipro Ventures, Sequoia Capital, NEA, NVIDIA, J.P. Morgan, Abstract Ventures, Mantis VC, SV Angel, and BoxGroup.

 

Forward-Looking Statements 

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. 

 

Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.