INDIANAPOLIS--(BUSINESS WIRE)--
Five thousand books are being donated to students in the Indianapolis area through the end of June as the result of a partnership between Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, First Book, a nonprofit social enterprise that has delivered more than 160 million books and educational resources to programs and schools with children in need.
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The books will be distributed to registered First Book members in the Indianapolis area, providing additional education resources in the community where Wipro employees live and work. The books will be used to stock classroom libraries, facilitate reading circles and help students build their home libraries.
Launched in 1998, the First Book National Book Bank is the first and only centralized distribution system for large-scale children’s book donations from publishers to schools and programs serving kids in need. The National Book Bank distributes 10 million books annually, and with Wipro’s support, 19,000 of these books will be donated to schools and programs in Indiana, Boston, East Palo Alto and Atlanta.
Wipro’s presence in Indianapolis has been expanded through its 2016 acquisition of Appirio, an Indianapolis-based global cloud services company that helps customers create next-generation worker and customer experiences using the latest cloud technologies. Wipro’s acquisition of Appirio created one of the world’s largest cloud transformation practices, a game changer in today's as-a-service and digital economy. Since the founding of the Indianapolis office in 2012, the company’s headcount has grown in Indiana and globally.
“Wipro has a growing presence in the Indianapolis community and is excited to further engage with the community through its contribution to the critical importance of access to books,” said Anurag Behar, Chief Sustainability Officer, Wipro Ltd. “Our goal is to support reading-focused efforts in Indianapolis to help students continue learning throughout the critical summer months.”
Since 2015, Wipro and First Book have partnered together to distribute over 118,000 books throughout the U.S. and Canada, with a goal of distributing over 200,000 books to children in need, as part of their three-year partnership.
A simple bag of books can help beat Summer Slide. In fact, research shows that children who are given access to books over the summer perform 35-40 percent better on reading achievement tests than those without access to books. Book ownership and a print-rich environment are leading indicators of a child’s educational success, but for the 32 million children growing up in low-income families in the U.S. alone, books are scarce. A recent study found that in one low-income neighborhood, there was only one book for more than 800 children, whereas in moderate income neighborhoods, there are 13 books for every one child.1
First Book, which has operations in both the U.S. and Canada, works with formal and informal educators serving children in need aged between 0-18 years in a wide range of settings – from schools, classrooms, summer school and parks and recreational programs, to health clinics, homeless shelters, faith-based programs, libraries, museums, summer food sites and more. The organization supports more than one in four of the estimated more than 1.3 million classrooms and programs that are serving children in need in the U.S. alone.
“Wipro and its employees in Indianapolis and across the country continue to help advance First Book’s mission to spread the transformative power of books into the communities where they work and live,” said Kyle Zimmer, president and CEO of First Book. “Thanks to the dedication and support of Wipro’s employees, tens of thousands of children will be able to fuel learning and unlock their futures. We are enormously grateful.”
About First Book
First Book is a nonprofit social enterprise founded in 1992 that has distributed more than 160 million books and educational resources to programs and schools serving children from low-income families throughout the United States and Canada, which, with more than 275,000 members, is the largest and fastest growing network of educators exclusively serving kids in need. By making new, high-quality books and educational resources available on an ongoing basis, First Book is transforming the lives of children in need and elevating the quality of education. Eligible educators, librarians, program leaders, and others serving children in need can sign up at firstbook.org/register. For more information, please visit firstbook.org or follow the latest news on Facebook and Twitter.
About Wipro Unlimited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have a dedicated workforce of over 170,000, serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
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