Wipro Merges North American Designit Units and Deregisters Australian Subsidiary

28 Jun 2024, 12:30 pm · 806d ago · 1 min read · indianweb2.com

Indian IT services giant Wipro has consolidated its corporate structure by merging two North American subsidiaries, Designit North America and Wipro Designit Services, effective July 1. Alongside this consolidation, Wipro deregistered its step-down Australian subsidiary, Attune Australia Pty Ltd, on June 26. The move aims to streamline group operations and optimize business efficiencies. Wipro Designit Services recorded a turnover of $48 million as of March 31, 2024, while Designit North America generated $1.6 million. The deregistered Australian entity had reported operational revenue of 269,554 Australian dollars during the same financial period.