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Intellect Design Arena announced the launch of Academic TeamSpace, a secure, collaborative AI environment built on Intellect's Purple Fabric Open Business Impact AI platform to enable colleges and universities to operationalise AI for learning, research and institutional innovation.

As part of the initiative, Intellect signed a Memorandum of Understanding (MoU) with 6 leading institutes, including University of Stirling (Ras Al Khaimah campus, UAE), SRM Institute of Science & Technology (Trichy & Ramapuram campuses, Tamil Nadu), Sairam Institutions (Chennai, Tamil Nadu), Periyar Maniammai Institute of Science & Technology (Thanjavur, Tamil Nadu), Vignana Jyothi Institute of Management (Hyderabad) and Lloyd Institute of Engineering & Technology (Noida campus, Uttar Pradesh).

The MoU with these institutions intends to establish an Academic TeamSpace hub that will serve as a shared AI innovation environment for academic institutions. More importantly, it promotes multi-departmental cocreation, thereby creating an ecosystem for governed AI experimentation and applied learning. Academic TeamSpace extends Intellect's Purple Fabric ?Enterprise AI on Tap? model into the education sector. It enables institutions to access enterprise-grade AI through a subscription model, ensuring governance, academic integrity and responsible usage.

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Intellect Design Arena  announced the launch of eMACH.ai AI-First banking as part of its participation at India AI Impact Summit 2026 in New Delhi. The platform is purpose-built to drive inclusive banking with 550 domain-aware agents across Lending, Trade, Payments, Treasury, Wealth, Bank Operations, Customer Servicing and Complaint Management. The AI-First Banking ecosystem empowers banks to make banking invisible, intelligent, and inseparable from their daily life.

The AI-First banking ecosystem is purpose-built for Indian banks and leverages enterprise-grade knowledge to deliver high-impact applications that comply with local regulatory protocols.

Arun Jain, Chairman & Managing Director of Intellect Design Arena, said: I am extremely excited to launch the next wave in Inclusive Intelligent Banking. Banking customers are no longer limited by their resources, exposure, access, or the language they speak. We have achieved Boundaryless Banking by launching multi-lingual, Natural language based AI-First Banking for a global audience. It's here and now for everyone to experience. Indian banking has always been a global pioneer, leading with inclusive financial innovations such as UPI and the Aadhaar-enabled payment system to deliver value to the common man. We at Intellect are proud to offer an AI-first banking ecosystem that enables banks to accelerate innovation through first-principles thinking, keeping the needs of the common man at the heart of our design.?

?By being multilingual and natural-language-experience based, our ecosystem reaches the common man and democratises banking innovation, making it accessible to every remote banking customer. By embedding compliance into its DNA, Intellect is enabling Indian banks to transform their cost structures while delivering human-centric, auditable, and resilient AI outcomes at scale,? Arun added.

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In a landmark move to accelerate AI adoption across the HR landscape, Intellect Design Arena and Adrenalin eSystems, a trusted leader in Human Capital Management (HCM), today jointly announced the launch of HR TeamSpace, a secure, collaborative AI environment for HR teams, built on Intellect's Purple Fabric Open Business Impact AI platform.

The launch extends Intellect's Purple Fabric ?Enterprise AI on Tap? model, priced at ₹99,500 per month for up to 50 users, bringing enterprise-grade AI capabilities within reach of functional teams through a simple subscription on a proven platform. With HR TeamSpace, Intellect and Adrenalin extend this mission to the human capital landscape, enabling HR teams to deploy pre-built AI agents with speed and measurable outcomes.

Powered by Purple Fabric, HR TeamSpace brings together ready-to-use, domain-trained AI agents with the flexibility to build and configure organisation-specific agents aligned to specific use-cases and tasks across the employee lifecycle. This provides HR teams with a practical foundation to operationalise AI across core HR functions and drive measurable business impact.

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Intellect Design Arena today announced that Purple Fabric, India's Judgment-Centric full-stack Open Business Impact AI platform, is now available as an Enterprise AI on Tap at Rs 99,500 per month, enabling up to 50 users to deploy and scale Business Impact AI without the traditional infrastructure burden. The move positions reliability-first artificial intelligence as certified, trustworthy, governance-ready institutional infrastructure.

Conceptualised and engineered in India since 2016 by Intellect's dedicated Enterprise AI Research Program, Purple Fabric represents a structural shift in how institutions adopt artificial intelligence. Made in India for the global world, the platform positions our country not merely as a consumer of AI technology, but as a creator of trustworthy enterprise AI infrastructure. Designed for mid-market enterprises, financial institutions, IT services firms, academic ecosystems and government environments, Purple Fabric enables organisations to deploy consequence-aware AI without building large internal AI departments or committing to capital-intensive infrastructure projects.

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