Mphasis and ISB Collaborate to Establish 'AI Hub' for AI-Led Research in India
Mphasis, a global AI-led, platform-driven technology solutions provider, and the Indian School of Business (ISB) have launched the 'Mphasis AI Hub'. This cross-functional collaboration is aimed at accelerating AI-led research, innovation, and capacity building for both societal and sectoral impact within India.The initiative is significantly supported by the Mphasis F1 Foundation, which will invest approximately INR 20 crore over four years in Phase 1 to advance research and applied AI solutions through the new hub.
The dedicated AI research hub at ISB will serve as a platform for interdisciplinary research and multi-stakeholder collaboration. The partnership's initial focus areas are Healthcare and Finance, with subsequent plans to expand into other priority sectors.
The core objective of the partnership is to advance responsible AI innovation in the financial and healthcare sectors. This involves driving research that addresses real-world challenges, enabling the responsible adoption, evaluation, and impact assessment of AI solutions in live environments. Furthermore, the hub aims to strengthen digital literacy and institutional capacity among relevant stakeholders and foster wider knowledge-sharing.
The Mphasis AI Hub will also focus on building frameworks necessary to assess the tangible business value and long-term sustainability of AI deployments, generate policy insights, and create comprehensive AI learning resources. The collaboration seeks to sustain cooperation across academia, industry, and government.
Deepa Nagraj, Senior Vice President & Global Head - ESG, Sparkle Innovation Ecosystem, and Communications at Mphasis, stated that the partnership with ISB will advance responsible, informed decision-making. She added, "Through this initiative, we look forward to building a meaningful collaboration that brings together cross-functional collaboration to advance AI-led knowledge creation and innovation."
Professor Madan Pillutla, Dean of ISB, expressed gratitude for the collaboration, stating it reflects the belief that AI, guided by rigorous research and ethical frameworks, can drive meaningful change. He added that the partnership will strengthen ISB's commitment to building knowledge that helps shape India's future through innovation, inclusion, and evidence-based decision-making.
The Mphasis AI Hub marks a major step in ISB's mission to advance evidence-led research and utilize technology for national development. By combining ISB's academic expertise with Mphasis' leadership in technology, the initiative aims to unlock new possibilities at the intersection of AI, innovation, and societal impact.
The key investment details for the AI Hub are summarized below:
| Component | Detail |
|---|---|
| Partners | Mphasis and Indian School of Business (ISB) |
| Initiative | Mphasis AI Hub |
| Funding Source | Mphasis F1 Foundation |
| Investment Amount | INR 20 crore |
| Duration | Four years |
| Initial Focus Sectors | Healthcare and Finance |
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