Maruti Suzuki Invests In AI-Based Start-Up Amlgo Labs

Maruti Suzuki has announced it will invest more than ₹1.99 crore in Amlgo Labs Pvt Ltd, a US-based tech startup. The Amlgo Labs deals in data analytics, cloud engineering, machine learning (ML) and artificial intelligence (AI). 

This investment is being made through the Maruti Suzuki Innovation Fund, the brand’s initiative to undertake strategic investments in startups. Amlgo Labs has offices in India, Singapore, the UK and the USA. Amigo says since its operations began in 2017, it has been offering analytics-based solutions to help improve business through data-driven insights. 

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki, said, “Aligned with the Government's #StartUpIndia initiative, we are actively working to help strengthen the startup ecosystem and encourage innovation to develop solutions relevant to the automobile industry. Our investment in Amlgo Labs Private Limited will help us to further strengthen the quality of new models, using advanced analytics and machine learning.”

Ajay Yadav, Founder, Amlgo Labs, said, “Our collaboration with Maruti Suzuki has proven to be fruitful, helping our company augment and scale up operations. Combining our expertise in Data Analytics, Machine Learning and Artificial Intelligence based solutions, with mentorship and networking opportunities offered by Maruti Suzuki, we will be able to further refine our offering.”

This is the second time Maruti Suzuki has invested in a tech-based startup. In June 2022, Maruti Suzuki invested around ₹2 crore in Sociograph Solutions Pvt Ltd. The investment was a part of Maruti Suzuki’s Mobility and Innovation Lab program.