Maruti Suzuki India invests in AI and ML start-up Amlgo

Maruti Suzuki India has invested over Rs 1.99 crore in Amlgo Labs, a technology-led startup. With this, Maruti Suzuki will own an equity stake of over 6.44% in the startup.

The startup operates in the area of data analytics, cloud engineering, Machine Learning (ML) and Artificial Intelligence (AI), to assist companies in data-driven decision making.

The investment is being made through the Maruti Suzuki Innovation Fund, an initiative to undertake strategic investments in startups which exhibit high levels of technological innovation.