Entamoeba histolytica is an intestinal protist parasite that causes amoebiasis, a major source of morbidity and mortality in developing countries. Phosphoinositides are involved in signalling systems that have a role in invasion and pathogenesis of this parasite. Phosphatidylinositol 4‐phosphate 5‐kinase (PIP5K) catalyses the generation of phosphatidylinositol(4,5)bisphosphate (PtdIns(4,5)P2), a key species of phosphoinositide that regulates various cellular processes. However, phosphatidylinositol phosphate kinase (PIPK) family of enzymes have not been characterized in E. histolytica. Here, we report the identification and characterization of type I PIPK (EhPIPKI) of E. histolytica. Computational analysis revealed homologs of type I and III PIPK family in E. histolytica and the absence of type II PIPK. In spite of low overall sequence identity, the kinase domain was found to be highly conserved. Interestingly, a unique insertion of a tandem repeat motif was observed in EhPIPKI distinguishing it from existing PIPKs of other organisms. Substrate profiling showed that EhPIPKI could phosphorylate at third and fifth hydroxyl positions of phosphatidylinositols, though the predominant substrate was phosphatidylinositol 4‐phosphate (PtdIns(4)P). Furthermore, EhPIPKI underwent intracellular cleavage close to the amino‐terminal, generating two distinct fragments Nter‐EhPIPKI (27p) and Cter‐EhPIPKI (47p). Immunofluorescence and cellular fractionation revealed that the full‐length EhPIPKI and the Cter‐EhPIPKI containing carboxyl‐terminal activation loop were present in the plasma membrane while the Nter‐EhPIPKI was observed in the cytosolic region. In conclusion, E. histolytica has a single EhPIPKI gene that displays novel properties of post‐translational processing, the presence of a repeat domain and substrate specificity not observed in any PIPK enzyme so far.