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Mphasis Ltd has announced that its subsidiary has acquired a 26% preferred stock stake in Aokah Inc, a US-based AI startup, for a total consideration of up to USD 4 million. The move signals Mphasis’s continued push into next-gen AI innovation.
Investment Highlights
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- Aokah specializes in secure Agentic AI frameworks, with applications in healthcare, finance, and enterprise automation.
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- The deal includes strategic collaboration rights, allowing Mphasis to co-develop AI solutions and integrate Aokah’s technology into its NeoZeta and NeoCrux platforms.
Strategic Rationale
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- The investment aligns with Mphasis’s AI-first strategy and complements its recent launches in Gen AI-powered modernization and software engineering.
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- It also strengthens Mphasis.ai, the company’s dedicated AI business unit focused on scalable, ethical AI adoption.
Market Outlook
- Analysts view the stake as a calculated move to gain early access to disruptive AI capabilities, especially in regulated industries.
Sources: Mphasis Investor Relations, Economic Times, Business Standard, Rediff Money, TechCircle India, Aokah Inc Corporate Briefs
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