Intellect Design Arena has announced the launch of Academic TeamSpace, a secure, collaborative AI environment built on its Purple Fabric Open Business Impact AI platform. To operationalize AI for learning and research, Intellect signed MoUs with 6 leading institutes, including the University of Stirling (UAE) and SRM Institute of Science & Technology. This initiative aims to create India’s first governed AI campus ecosystem, promoting responsible AI adoption and bridging the gap between theoretical learning and practical, real-world application.
Intellect Launches Academic TeamSpace Powered by Purple Fabric
Intellect Design Arena Ltd., a leader in AI-First financial technology, has launched Academic TeamSpace. This is described as a secure, collaborative AI environment built upon Intellect’s Purple Fabric Open Business Impact AI platform. The platform is designed to enable colleges and universities to operationalize Artificial Intelligence for learning, research, and institutional innovation.
Strategic University Partnerships Signed
As part of this initiative, Intellect formalized collaborations by signing a Memorandum of Understanding (MoU) with 6 leading institutions. These partners include:
- 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)
- Lloyd Institute of Engineering & Technology (Noida campus, Uttar Pradesh)
The MoUs seek to establish a shared AI innovation environment for academic institutions, promoting multi-departmental co-creation and governed AI experimentation. Academic TeamSpace extends the Purple Fabric “Enterprise AI on Tap” model into education via a subscription model, ensuring governance and academic integrity.
Addressing the AI Adoption Challenge in Education
The announcement highlights that educational institutions currently struggle with fragmented tools and ungoverned experimentation. Academic TeamSpace addresses this by providing a shared, secure environment for collaboration, responsible AI agent deployment, and building real-world problem-solving capabilities.
The platform facilitates institutions to:
- Replace fragmented AI tools with a governed, shared innovation environment.
- Provide students with hands-on exposure to enterprise-grade AI platforms.
- Enable faculty-led AI research and applied problem-solving.
- Foster responsible AI adoption aligned with governance and ethics.
- Build cross-campus collaboration across participating colleges.
Vision for an AI-Ready Future
Arun Jain, Chairman and Managing Director of Intellect Design Arena and Chief Architect of Purple Fabric, stated that the goal is to create a shared innovation infrastructure where campuses can collaborate responsibly and translate AI from theory into measurable impact. He emphasized that campuses that produce AI-ready talent will shape India’s AI future.
Dr. Anbu Rathinavel, Chief Design Officer at Intellect Design Arena, added that the platform integrates Design Thinking with Enterprise AI, enabling learning to become experiential and allowing institutions to build future-ready ecosystems where students, faculty, and industry can co-create solutions.
Source: BSE
