About Mphasis
Mphasis is a company based in Bengaluru (India) founded in 1992 by Jerry Rao was acquired by Blackstone in April 2016.. The company has 30,160 employees as of March 31, 2024. Mphasis has completed 9 acquisitions, including Blink UX, Datalytyx and Digital Risk. Mphasis offers products and services including Application Services, AI Solutions, and Cloud Services. Mphasis operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Bengaluru, India
- Employees 30160 as on 31 Mar, 2024
- Founders Jerry Rao
- Stage Public
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Sectors
Business ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Mphasis Limited
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Annual Revenue
$1.66 B (USD)7.17as on Mar 31, 2024
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Net Profit
$198.83 M (USD)9.47as on Mar 31, 2024
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EBITDA
$313.79 M (USD)16.99as on Mar 31, 2024
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Latest Funding Round
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Investors
Blackstone
& 1 more
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Employee Count
30160
as on Mar 31, 2024
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Investments & Acquisitions
Blink UX
& 8 more
- Acquired by
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IPO & Listings of Mphasis
Mphasis is a publicly listed company on the NSE with ticker symbol MPHASIS in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Mphasis
Mphasis offers a comprehensive portfolio of products and services, including Application Services, AI Solutions, and Cloud Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers development and maintenance for business applications.
Provides AI tools for enhancing operations and productivity.
Offers AWS and Azure solutions for scalable infrastructure.
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Software Development Team
95 people
Delivery Team
50 people
Leadership Team
45 people
Finance and Accounting
16 people
Human Resources and Administration
15 people
Project Team
13 people
Sales and Marketing
7 people
Module Team
7 people
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Funding Insights of Mphasis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mphasis
Mphasis has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone and DXC Technology. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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DXC Technology is recognized as a global provider of IT services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mphasis
Mphasis has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Blink UX, Datalytyx and Digital Risk. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based Salesforce solution development services are provided.
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2010 | ||||
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Renote IT Operations and Management
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2008 | ||||
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DevOps automation and continuous delivery on AWS are provided.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mphasis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mphasis Comparisons
Competitors of Mphasis
Mphasis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mphasis
Frequently Asked Questions about Mphasis
When was Mphasis founded?
Mphasis was founded in 1992.
Where is Mphasis located?
Mphasis is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Mphasis?
Nitin Rakesh is the current CEO of Mphasis.
How many employees does Mphasis have?
As of Mar 31, 2024, the latest employee count at Mphasis is 30,160.
What is the annual revenue of Mphasis?
Annual revenue of Mphasis is $1.66B as on Mar 31, 2024.
What does Mphasis do?
Mphasis was established in 1992 and is based in Bengaluru, India. IT infrastructure, finance and accounting processes, human resources outsourcing, business process management, and customer sales along with support functions are handled through its operations. Services are extended to multiple industries, with a focus on global clients supported from Indian facilities. Key leadership includes co-founder Jerry Rao, CFO Aravind Viswanathan, and CEO Nitin Rakesh.
Who are the top competitors of Mphasis?
Mphasis's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Mphasis offer?
Mphasis offers Application Services, AI Solutions, and Cloud Services.
Is Mphasis publicly traded?
Yes, Mphasis is publicly traded on NSE under the ticker symbol MPHASIS.
How many acquisitions has Mphasis made?
Mphasis has made 9 acquisitions, including Blink UX, Datalytyx, and Digital Risk.
Who are Mphasis's investors?
Mphasis has 2 investors. Key investors include Blackstone, and DXC Technology.
What is Mphasis's ticker symbol?
The ticker symbol of Mphasis is MPHASIS on NSE.
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