Mphasis, Plaksha University host second TrackShift innovation challenge

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Mphasis Foundation and Plaksha University hosted the second TrackShift Innovation Challenge on September 12–13, 2026
  • Over 3600 applications were received, with approximately one-third of applicants being female students
  • More than 180 undergraduate and postgraduate students participated in the 24-hour applied innovation event
  • Top prizes included ₹1,00,000 for first place and fully sponsored visits to the TGR Haas F1 Team facility
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*this image is generated using AI for illustrative purposes only.

Mphasis Foundation and Plaksha University hosted the second edition of the TrackShift Innovation Challenge on September 12–13, 2026, in Bengaluru. The event engaged more than 180 student innovators in applied engineering problems.

The 24-hour challenge drew over 3600 applications from institutions including IITs, NITs, and BITS Pilani. Approximately one-third of the applicants were female students. Participants developed proofs of concept at the intersection of artificial intelligence and mobility.

Challenge Focus Areas

Developed as part of Mphasis' association with the TGR Haas F1 Team, the challenge required students to apply emerging technologies to motorsport engineering constraints. The three problem statements focused on:

  • Energy & Overtake Intelligence: Building real-time decision engines for optimal energy deployment.
  • Track Limits Detection: Developing AI-powered video analysis for track-limit violations.
  • Tyre Degradation Intelligence: Creating predictive models for tyre performance degradation curves.

Winners and Prizes

The top three teams received cash prizes and mentorship-based internships at Mphasis. Selected participants will also receive a fully sponsored visit to the TGR Haas F1 Team facility in the United Kingdom.

Rank Institution Prize Amount
1st Vellore Institute of Technology, Vellore ₹1,00,000
2nd Yeshwantrao Chavan College of Engineering, Nagpur ₹50,000
3rd Maharaja Agrasen Institute of Technology, Delhi ₹25,000

Veda Iyer, Global Chief Marketing Officer at Mphasis, stated that the initiative builds a talent pipeline by having students from diverse institutions work on complex professional problems. Solutions developed during the challenge will be made available through an open repository on the TrackShift website.

Historical Stock Returns for Mphasis

1 Day5 Days1 Month6 Months1 Year5 Years
-1.03%-0.98%-6.48%+8.67%-24.09%-28.92%

How might Mphasis leverage the open-source solutions from TrackShift to enhance its own AI-driven mobility service offerings?

What is the projected timeline for integrating the winning teams' prototypes into the TGR Haas F1 Team's actual operational strategy?

Could this initiative signal a broader shift in Mphasis' recruitment strategy towards prioritizing applied AI engineering skills over traditional credentials?

Mphasis joins SGBS Unnati Foundation and BMRCL for greener Bengaluru

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Mphasis partners with SGBS Unnati Foundation and BMRCL for Bengaluru sustainability
  • MOU signed for maintenance of metro corridor Piers BP-382 to BP-437
  • SGBS Unnati Foundation was the first NGO to list on Indian Social Stock Exchanges
  • Mphasis supports planting 100,000 trees at Doddasagare Botanical Garden
  • Initiative includes 1,200 percolation wells to conserve 153 million litres of rainwater
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*this image is generated using AI for illustrative purposes only.

Mphasis has partnered with the SGBS Unnati Foundation and Bangalore Metro Rail Corporation Limited (BMRCL) to support environmental sustainability in Bengaluru. The collaboration focuses on maintaining public spaces along a designated metro corridor.

The initiative involves an MOU signed between SGBS Unnati Foundation and BMRCL for the maintenance of Pier Nos. BP-382 to BP-437. Mphasis is supporting this effort as part of its broader corporate social responsibility (CSR) commitments to address environmental priorities in the communities where it operates.

Partnership Details

SGBS Unnati Foundation, which became the first NGO in India to list on the Social Stock Exchanges of both NSE and BSE in December 2023, leads the environmental initiative. The foundation works on youth employability and community development.

Deepa Nagraj, Senior Vice President & Global Head - ESG, Sparkle Innovation Ecosystem, and Communications at Mphasis, stated that building sustainable communities requires shared responsibility. She noted that the association with SGBS Unnati Foundation and BMRCL strengthens the upkeep of Bengaluru's shared spaces.

Dr. Ramesh Swamy, Director of SGBS Unnati Foundation, emphasized that meaningful community development is possible when organizations collaborate. He highlighted the contribution towards cleaner public spaces and stronger community ownership.

Broader CSR Initiatives

This collaboration aligns with Mphasis' ongoing environmental projects in Karnataka. The company supports the planting and maintenance of 100,000 trees at the Doddasagare Botanical Garden. Additionally, Mphasis is contributing to the revival of Bodanahosahalli Lake to enhance groundwater recharge and local biodiversity.

Further water conservation efforts include establishing 1,200 percolation wells across Bengaluru. These wells aim to conserve an estimated 153 million litres of rainwater by 2026.

Historical Stock Returns for Mphasis

1 Day5 Days1 Month6 Months1 Year5 Years
-1.03%-0.98%-6.48%+8.67%-24.09%-28.92%

How might Mphasis' partnership with a Social Stock Exchange-listed NGO influence investor perception of its ESG credentials?

What are the projected long-term environmental and economic impacts of conserving 153 million litres of rainwater by 2026 in Bengaluru?

Could this public-private partnership model for metro corridor maintenance be replicated in other Indian metropolitan cities?

More News on Mphasis

1 Year Returns:-24.09%