Wipro has become a majority shareholder in insurtech company, Aggne.

Founded in 2019, Aggne is incorporated in the US and India, with 230 employees based in both countries.

Aggne offers IP-led consulting, implementation and managed services with a strong focus on the Duck Creek platform, a full suite of cloud-based, low-code products for P/C insurers.

Harpreet Arora, senior vice president and global head of banking, financial services and insurance domain and consulting at Wipro said: “We are thrilled to add Aggne’s unique capabilities to our portfolio. Their innovative, IP-driven consulting capabilities in the insurance space and premier partnership status on the Duck Creek platform stand out in the marketplace. Combined with our domain expertise, these capabilities will allow us to bring clients a truly end-to-end offering that will help them drive competitive advantage and customer loyalty.”

Asha Kalidindi, co-founder and CEO of Aggne, added: “Joining forces with Wipro will allow us to reach a larger and global set of clients and deepen our presence in the insurance sector. Further, Wipro’s commitment to talent development will provide our employees with new growth opportunities. With access to Wipro’s scale and deep technical capabilities, as well as investments in artificial intelligence, we will be able to innovate faster, expand our capabilities and build new ones in alignment with evolving industry needs. We look forward to tapping into the potential ahead of us and driving continued growth for our clients.”

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