As part of the deal, Wipro will provide an eight-year service contract to Olam with a "committed annual spend" of US$100 million.
Agri-food player Olam Group is selling its IT services unit Mindsprint to Wipro for US$375 million, as part of its ongoing re-organisation bid.
Upon completion of the sale, Olam will recognise a gain of around US$310.5 million.
