Maruti Suzuki India Limited (MSIL), one of the leading automotive manufacturers in the country, has announced a strategic investment of over INR 1.99 crore in Amlgo Labs Private Limited, a technology-driven startup specialising in data analytics, cloud engineering, machine learning (ML), and artificial intelligence (AI). The Maruti Suzuki Innovation Fund is dedicated to strategic investments in startups demonstrating high levels of technological innovation.
Amlgo Labs Private Limited, founded in July 2017, operates with a focus on providing advanced analytics, ML, AI, and big data solutions to organisations, aiding them in making data-driven decisions. The startup's collaboration with Maruti Suzuki is aimed at leveraging its expertise to enhance the quality of new models through advanced analytics and ML technologies.
Hisashi Takeuchi, Managing Director & CEO of MSIL, highlighted the company's commitment to fostering innovation within the startup ecosystem. He emphasised the importance of leveraging advanced technologies to drive innovation in the automobile industry, aligning with the Government's #StartUpIndia initiative.
Ajay Yadav, Founder, Amlgo Labs Private Limited emphasised the value of combining Amlgo Labs' expertise in data analytics and AI solutions with the mentorship and networking opportunities provided by Maruti Suzuki.
Maruti Suzuki's investment in Amlgo Labs represents its ongoing efforts to strengthen the startup ecosystem and encourage innovation relevant to the automotive sector. With a focus on leveraging cutting-edge technologies, the collaboration aims to drive transformative change and enhance the competitiveness of Maruti Suzuki's product offerings.
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