Wipro names former Accenture, KPMG exec Satya Easwaran India head; The $80 bln India semiconductor opportunity

Indian industry could reap benefits of up to $80 billion by participating in the global semiconductor manufacturing supply chain, by 2030, according to a report by the Indian Electronics and Semiconductor Manufacturing Association. And Wipro has recruited Satya Easwaran, a former Accenture and KPMG executive as its country head for India. Indian industry could reap benefits of up to $80 billion by participating in the global semiconductor manufacturing supply chain, by 2030, according to a report by the Indian Electronics and Semiconductor Manufacturing Association (IESA). According to IESA’s ‘Global Semiconductor Manufacturing Supply Chain Report,’ from $440 billion in 2020, the semiconductor manufacturing market, comprising materials, equipment and services, is likely to touch $1 trillion by 2030. The overall global opportunity across these segments is estimated to be $550-600 billion, and of that Indian industry could capture about $80 billion, IESA said in a press release. ReshaMandi, a digital commerce platform provider for the natural fibre supply chain, has set up Asia's second-largest cocoon mandi in Ramanagara, near Bengaluru, the company said in a press release. The cutting-edge processing plant and warehouse will benefit over 30,000 sericulture farmers and serve over 6000 reelers to optimise the silk value chain and produce high-quality raw silk through data-driven interventions. Whatfix, a digital adoption platforms provider, has acquired Leap.is, a mobile-first onboarding and assistance platform startup that brings the value of digital adoption platforms to mobile applications. The deal marks Whatfix’s first mobile DAP product-focused acquisition, as well as its largest M&A deal so far, according to a press release. Whatfix didn’t provide financial details. Leap’s toolset will integrate with Whatfix’s existing applications by adding guidance to mobile apps to improve activations and adoption, reduce time-to-ship for onboarding experiences, and increase the customisation of user experiences overall. UrbanPiper, a restaurant management platform provider, has raised $24 million in Series B funding led by existing investors Sequoia Capital India and Tiger Global, new investors Swiggy and Zomato, and several angel investors, according to a press release. Founded by Saurabh Gupta, Anirban Majumdar and Manav Gupta, UrbanPiper is a B2B software platform that aims to become a single window to help restaurants run their entire operations. The Bengaluru startup is developing a suite of digital applications to ensure all the commerce workflows for a restaurant can happen seamlessly simply and intuitively. Wipro has named Satya Easwaran as the company’s Country Head for India, leading strategic consulting, transformation and modernisation engagements, India’s fourth-biggest IT services provider said in a press release. Satya brings global experience in leading end-to-end business transformation programmes for large enterprises in different sectors, according to Wipro. Before joining Wipro, Satya was the Head of Business Consulting and the Telecom, Media and Technology Sector Leader at KPMG India. During his tenure at KPMG, in India and the US, and at Accenture India, Satya held multiple leadership positions in management consulting, with a focus on Software-as-a-Service (SaaS), cloud, digital, and strategy and transformation. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds