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Mphasis Corporation, founded in 1998 in Bangalore, India, provides cloud, AI and digital transformation services.
Founded in 1998 and based in Bangalore, India, Mphasis Corporation provides customized technology services for banking, insurance, healthcare and telecommunications clients. On June 10, 2024, a PIPE round raised INR 67.36 billion, with Morgan Stanley Private Equity Asia and Société Générale Group acquiring a 15.1% minority stake from Blackstone Group. For fiscal 2024 the company reported revenue of INR 1,604,051,142.40 and EBITDA of INR 312,496,617.80.
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