Wipro Share Price Jumps 2% As Company Expands ServiceNow Partnership To Scale Agentic AI Solutions; FII Stake Increases

On Friday, the Indian equity benchmarks traded higher during the morning session, with the benchmark Nifty 50 index rising 0.14 per cent to 23,941.55. The Nifty IT Index outperformed the broader market, gaining 2.61 per cent to 29,661.35, supported by buying interest across technology stocks. In this segment, Wipro  share price was trading at Rs 206.02, up 2.20 per cent from its previous close of Rs 201.58 during the morning session on May 29, 2026.

Wipro Expands Partnership With ServiceNow

Wipro Limited announced an expanded partnership with ServiceNow to implement and scale agentic AI workflows across core enterprise functions, including IT, HR, procurement and cybersecurity. The collaboration aims to help enterprises streamline operations through AI-powered workflow automation and governance.

Under the expanded partnership, Wipro will integrate Wipro Intelligence™, its unified suite of AI-powered platforms, solutions and transformative offerings, with the ServiceNow AI Platform. The integration is designed to streamline the initiation, orchestration and execution of work across enterprise systems while reducing manual intervention and improving visibility into workflow progression.

Focus On Enterprise AI Adoption

According to the company, the collaboration is intended to help enterprises accelerate turnaround times, improve accountability and strengthen operational governance by embedding agentic AI into secure and policy-aligned workflows.

The companies stated that the partnership will connect data, decisions and execution across enterprise departments that traditionally operate in silos, enabling organisations to implement AI-driven workflows at scale.

Key Solutions Under The Partnership

Several Wipro Intelligence™ solutions will leverage ServiceNow's AI Platform capabilities under the partnership.

These include SmartProcure, which focuses on streamlining procurement workflows and reducing cycle times through standardised approvals and execution processes; Telco Autonomous Networks, designed to modernise telecom service operations through AI-enabled workflows; and Cyber Transform, aimed at strengthening cybersecurity operations through improved vulnerability management and incident response processes.

The companies said clients are expected to benefit from unified work request management, policy-aligned execution, reduced manual coordination, faster cycle times and improved visibility into operational processes.

Management Commentary

Amit Zavery, President, Chief Operating Officer and Chief Product Officer at ServiceNow, said: "AI isn’t new to enterprises, but connected, governed, and outcome-driven AI is. That’s what this partnership makes real. When agentic AI runs inside secure workflows, ideas start delivering real results and the agentic enterprise becomes possible."

Malay Joshi, Chief Executive Officer of Wipro’s Americas 1 Strategic Market Unit, said: "For most enterprises, the real challenge with AI is not ambition, but execution at scale. Our expanded partnership with ServiceNow is designed to bridge that gap through a consulting-led, AI-powered approach that translates business priorities into industry-aligned AI solutions. Together with Wipro Intelligence™, we are helping clients streamline operations, drive measurable outcomes, and scale AI adoption with the right governance and controls in place."

About Wipro

Founded in 1945, Wipro Ltd is a global technology services and consulting company focused on digital transformation, cloud, engineering and artificial intelligence-led solutions. The company operates across 65 countries and serves enterprises through its consulting, technology and business services offerings. Wipro employs more than 240,000 people globally and delivers services across multiple industries through its AI-powered platforms, innovation network and technology partnerships.

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Disclaimer: This article is for informational purposes only and not investment advice.