Mphasis Limited
Mphasis Limited is an Indian multinational information technology service and consulting company headquartered in Bengaluru, Karnataka, India. The company specializes in providing infrastructure technology and applications outsourcing services, architecture guidance, application development and integration, and application management services. Mphasis positions itself as an AI-led, platform-driven company with human-in-the-loop intelligence, aiming to help global enterprises modernize, infuse AI, and scale with agility, with engineering deeply embedded in its operational DNA.
Mphasis offers a comprehensive suite of services including application, blockchain, business process, cognitive, cybersecurity, DevOps, AI, digital, enterprise automation, experience design, infrastructure, modernization, data, IT operations, product engineering, Salesforce consulting, and cloud services. The company also provides governance, risk, and compliance solutions. It serves a diverse range of market segments, notably financial services, telecom, logistics, technology, insurance, healthcare, life sciences, oil and gas, public, hi-tech, communications, energy and utilities, and manufacturing sectors. Key to its strategy is the Front2Back™ Transformation approach and platforms like Mphasis.ai, NeoIP™, and Mphasis Tria™ to deliver hyper-personalized digital experiences.
Nitin Rakesh has served as the Chief Executive Officer and Director of Mphasis since January 2017. In recent news, Mphasis launched Mphasis Tria™, an enterprise agency platform, in May 2026, and announced an investment of Rs 250 crore in building AI platforms during the same month. The company also acquired Theory and Practice Business Intelligence Inc. in April 2026 to strengthen its 'Decisioning Intelligence' capabilities and appointed Richard Miller as Global Head of Insurance Business. Mphasis is publicly traded on Indian stock exchanges and is significantly owned by Blackstone Group LP.
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