Mphasis grants an Rs 18 crore grant to Ashoka University
- ByStartupStory | November 18, 2022
Mphasis, a supplier of information technology (IT) solutions, announced the latest installment of its gift to Ashoka University on Thursday via its Corporate Social Responsibility (CSR) arm. The new award, worth Rs 18 crore, will be used to strengthen the university’s Mphasis Laboratory of Machine Learning and Computational Thinking during the next three years. The lab’s expansion will include areas for experiential learning, such as live projects and hackathons, as well as flexible spaces for industry-academia collaboration, such as lecture series and seminars.
The university will also establish a digital maker space to increase student participation and practical learning. According to the corporation, it will give both computer science (CS) and non-CS students an equal opportunity to benefit from Ashoka’s multidisciplinary atmosphere. The maker space, it continues, will be a collaborative workplace for making, learning, exploring, and sharing, utilizing high-tech and low-tech equipment and enabling the ideation of tech-enabled solution-centric enterprises.
Mphasis, a Blackstone portfolio company, established a 2020 relationship with Ashoka University. Nine initiatives were launched under the three pillars of digitization and society, health analytics, and dissemination in a first-of-its-kind partnership at an interdisciplinary institution in India.
“With our partnership with Ashoka University, we aim to inspire students across all academic fields to foster innovation and harness their potential to create a lasting impact on society. With the growing digital edge, it has become imperative to build a culture of innovation to have a future-ready generation with unmatched capabilities and skill sets,” Mphasis’ Chief Executive Officer and Managing Director, Nitin Rakesh, stated.
The machine learning lab would scale up existing high-impact projects and pilot new initiatives, such as the Ashoka Centre for Health Analytics, Research, and Trends (CHART), to create India-specific metrics and visualization tools that would help policymakers identify appropriate strategies and schemes. It will also serve as the basis for BharatSim, an open-source, large-scale agent-based simulation platform.
“Our Build Ashoka plan outlines a bold vision for interdisciplinary research in our accelerated growth phase. With this extended support from Mphasis, we will raise the bar in academic excellence with a pioneering vision as we collaborate to fuel research-based solutions for real-life challenges and long-term sustainable impact that lasts beyond our time,” said Pramath Raj Sinha, Chairperson, Board of Trustees, Ashoka University.
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