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(20 Feb 2026, 15:08)

Intellect launches Academic TeamSpace powered by Purple Fabric

To enable colleges and universities to operationalise AI for learning, research and institutional innovation


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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Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

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