Maruti Suzuki acquires stake in Amlgo Labs Private Limited, a startup specializing in machine learning, artificial intelligence, and data analytics. The investment exceeds INR 1.99 crore, marking Maruti Suzuki’s second venture into startup investment. Aligned with the Government’s #StartUpIndia initiative, this move aims to bolster the startup ecosystem and foster innovation relevant to the automotive industry. Through the Maruti Suzuki Innovation Fund, the company will hold an equity stake of over 6.44% in Amlgo Labs, enhancing data-driven decision-making processes and refining new model development. Mr. Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki India Limited, expressed the company’s commitment to supporting technological innovation and collaboration with startups, while Mr. Ajay Yadav, Founder of Amlgo Labs, emphasized the beneficial synergy between their expertise and Maruti Suzuki’s resources.