Bosch acquires 14% stake in B2B deeptech startup Zeliot

Multinational technology company Bosch Ltd has acquired a 14% minority stake in Bengaluru-based deeptech B2B startup Zeliot Connected Services. Founded in 2018, Zeliot offers connected mobility solutions to enterprises and Automotive OEMs. It is a scalable, portable, elastic and device agnostic IoT platform with a focus on automotive telematics. The platform claims to be capable of processing huge amounts of data coming from edge devices efficiently. Zeliot will leverage the SaaS portfolio of Bosch's mobility platform to augment its digital product lifecycle.