Leading provider of technology and services in the mobility ecosystem, Bosch Limited announced that it has acquired a minority stake of 14% in Zeliot Connected Services, a Bengaluru-based B2B start-up.
As per the statement issued by the company, this investment will enhance its role in the mobility landscape through offerings on digital platforms in personalised and connected mobility.
The investment, supplemented with Bosch Mobility Marketplace, will also enhance Zeliot’s ability to offer microservices as APIs to device-agnostic solutions deployed for a wide range of customers in India.
As the automotive industry undergoes rapid technology transformation, the company has been working extensively in the connected mobility environment and is creating a digital mobility ecosystem that has safety and sustainability at its core. The technology company has been consciously foraying into new business models, which is reflected through its recent acquisitions and the launch of Mobility Could Platform and Mobility Marketplace, a platform to transact digital assets.
The combination of Bosch’s Mobility Marketplace and Zeliot Micro services platform will create a one-stop-shop for the new age mobility players while improving vehicle ownership experience for all stakeholders.
Zeliot will leverage the SaaS portfolio of Bosch‘s mobility platform to augment its digital product lifecycle from development to customer experience.