Why Wipro, TCS, Infosys are wooing retail, healthcare startups and investing in them for survival

By the end of March this year, Tata Consultancy Services, India’s largest software company, would have screened over 1,000 startups across Silicon Valley, Israel and Helsinki as part of its hunt for the next big, disruptive idea. Of these, TCS will eventually work with around two dozens, taking their solutions to some of its biggest customers. "It is very hard to do this in the confines of a big business because people are afraid of taking risks and challenging authority. But that is what startups do, and that is why they are investing in them," said Wadhwa, a former technology entrepreneur.

Source: http://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/why-wipro-tcs-infosys-are-wooing-retail-healthcare-startups-and-investing-in-them-for-survival/46195281

Comments are closed.