Mphasis, (BSE: 526299; NSE: MPHASIS), a global AI-led, platform-driven technology solutions provider, under its Sparkle Innovation Program, collaborates with startups, academic institutions, and research partners to rapidly co-innovate and scale transformative solutions for enterprise clients.
Through this program, Mphasis has been actively collaborating with Nasscom's InnoTrek participants, particularly US-based startups, by offering mentorship, enterprise solution guidance, and customer access. In the 2025 edition, Mphasis partnered with five standout startups from the InnoTrek cohort, namely Edgeable AI, Perpetuuiti Technosoft, QuoQo and SuperBryn AI, helping them refine their offerings and connect with enterprise clients worldwide.
Mphasis will be working closely with these startups to co-create enterprise-grade solutions by providing technical mentorship, refining their go-to-market strategies, and facilitating access to global enterprise clients. Their key focus areas include Edge AI, IT resilience and automation powered by AI, AI-led contract management, and voice-based AI operations.
"At Mphasis, we develop our solutions in-house while actively seeking innovative partnerships, particularly with startups that address region-specific challenges. In a world where speed and agility are crucial, this dual approach enables us to deliver faster, more effective solutions to our clients. In September, we hosted the 2025 edition of Nasscom's InnoTrek for startups in New York. InnoTrek enables us to explore opportunities to partner, share expertise, and extend support while continuing to strengthen our engagement with the broader innovation ecosystem. We value our ongoing collaboration with Nasscom on InnoTrek and look forward to engaging with this year's startup cohort," said Srikumar Ramanathan, Chief Solutions Officer, Mphasis.
"Nasscom's DeepTech startups have consistently raised the bar on innovation, building solutions that are globally relevant and industry-defining. Programs such as InnoTrek exemplify the power of industry-startup partnerships, where enterprises and startups come together to co-create, mentor, and accelerate breakthrough technologies. Collaborations like these are critical for strengthening the deep tech ecosystem, enhancing innovation capabilities, and encouraging more startups to develop enterprise-ready solutions tailored to sectoral needs. We congratulate the startups on this milestone and their partnership with Mphasis in driving enterprise-focused innovation," said Sangeeta Gupta, Senior Vice President & Chief Strategy Officer, Nasscom.
Mphasis continues its collaboration with Nasscom for InnoTrek 2025, evaluating and selecting promising startups to induct into the Sparkle Innovation Program. These startups will receive hands-on guidance in product positioning, go-to-market strategies, and enterprise client engagement, accelerating their journey to becoming global technology leaders.
Shares of MphasiS Limited was last trading in BSE at Rs. 2860.60 as compared to the previous close of Rs. 2839.75. The total number of shares traded during the day was 10719 in over 1735 trades.
The stock hit an intraday high of Rs. 2875.00 and intraday low of 2831.45. The net turnover during the day was Rs. 30628128.00.