How Sparkle Program Is Winning Multi-Year Deals for Mphasis

IT services company Mphasis’ Sparkle Innovation Program has emerged as a significant channel for enterprise-focused innovation, helping it accelerate solution development, strengthen its AI-led portfolio, and support clients across banking, insurance, healthcare, logistics, and other sectors. 

Launched in 2016, the initiative aims to foster innovation by partnering with startups, academic bodies and research entities. Over the years, Mphasis has partnered with ventures across sectors, including fintech Upswot to cater to US-based regional and global banks, as well as the Museum of Art & Photography through its CSR arm.

In an email interaction with AIM, Srikumar Ramanathan, chief solutions officer at Mphasis, said the programme is delivering measurable business outcomes and