Wipro Ventures, the corporate venture arm of India-based IT giant Wipro, has raised $150 million for its second namesake vehicle. The fund will be used to help the firm continue investing in tech companies, with a specific focus on verticals such as cybersecurity, financial services and cloud infrastructure. Founded in 2015, Wipro Ventures raised a reported $100 million for its inaugural fund. The firm has backed 16 startups to date.