-1.60 (-0.06%) Mphasis has singed a Memorandum of Understanding (MoU) with International Institute of Information Technology (IIIT-B) to support and nurture social enterprises. As a part of this MoU, IIIT-B will leverage a portion of the company’s Corporate Social Responsibility (CSR) funds for supporting social enterprises and will also make available focused mentoring services, logistics support and business network support for the incubatees.
Mphasis is a $1 billion global service provider, delivering technology based solutions across industries, including Banking & Capital Markets, Insurance, Manufacturing, Media & Entertainment, Telecom, Healthcare, Life Sciences, Travel & Transportation, Hospitality, Retail & Consumer Goods, Energy & Utilities, and Governments around the world.