Maruti Suzuki India on Saturday announced it has invested in Amlgo Labs Private Limited, an Artificial Intelligence and Machine Learning (AI-ML)-led startup.
India Business News: Maruti Suzuki India invests Rs 1.99 crore in Amlgo Labs Private Limited, securing a 6.44% stake. This marks the second investment by Maruti Suzuki in
The investment is being made through Maruti Suzuki Innovation Fund, an initiative to undertake strategic investments in startups exhibiting high levels of technological innovation, the auto major said in a statement.
This marks Maruti Suzuki's second foray into strategic investments in startups, following its previous investment in Sociograph Solutions Private Limited in June 2022.
Maruti Suzuki invests ₹2 crore in AI, ML start-up Amlgo Labs thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.