Maruti Suzuki Buys Stake in Indian AI Startup Amlgo Labs

Indian automaker Maruti Suzuki India has invested in Amlgo Labs, an Indian startup focused on data analytics, cloud engineering, machine learning (ML), and artificial intelligence (AI). The investment secures Maruti Suzuki a 6.44% equity stake and is the company's second play in startup investments.

"Our investment in Amlgo Labs will help us to further strengthen the quality of new models, using advanced analytics and machine learning," says Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India.

Leveraging its expertise in data analytics, machine learning, and artificial intelligence alongside mentorship from Maruti Suzuki, Amlgo Labs anticipates refining its offerings further.

Ajay Yadav, Founder of Amlgo Labs, says, “Our collaboration with Maruti Suzuki has proven to be fruitful, helping our company augment and scale up operations.”