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Technology

TechThisWeek: Wipro’s $1.45 bn Capco buy; CoWin hits and misses

5 Mar, 2021

In the most important news development of the week, IT services firm Wipro announced that it will buy London based technology consulting firm Capco for $1.45 billion. This is the Bengaluru based firm’s largest acquisition to date and is expected to further its growth in the BFSI sector. 

Sanjeev Hota, vice president and head of research at Sharekhan by BNP Paribas, joined TechThisWeek to break down the deal and share his perspective on why the stock markets aren’t cheering the development. 

Also, TechCircle’s Shubham Sharma weighs in on the hits and misses of the CoWin portal, launched by the government to register citizens above 60 years of age or over 45 with comorbidities for the first phase of vaccination against Covid-19. 

Catch all the top stories in technology and startups from the week.