Mphasis Acquires 26% Stake In US-Based AI Startup Aokah For $4 Million

Mphasis Ltd. on Thursday said its US arm, Mphasis Corp., has acquired a 26% preferred stake in Delaware-based Aokah, Inc. for $4 million.

The acquisition is aimed at leveraging artificial intelligence to enhance speed, intelligence, and operational efficiency, the company said in an exchange filing. Mphasis also plans to build high-performance global capability centres through the partnership to support innovation and business resilience.

Post-deal, Mphasis will gain access to Aokah’s AI-driven platform that integrates automation, data insights, and ecosystem intelligence. Aokah, incorporated in January, has operations in the US and India but has not yet generated any revenue. The company offers business intelligence platforms and IT services.