Other Private Equity/Strategic Investments
Maruti Suzuki acquires 12% stake in retail tech startup Sociograph Solutions for Rs.2-Cr
Maruti Suzuki India Limited (MSIL) is to acquire an equity stake of 12.09% in Bengaluru-based Sociograph Solutions Pvt Ltd for about INR 2 crore. The investment would help MSIL to create a customized sales experiences for customers on the web, virtual reality and augmented reality. SSPL is an artificial intelligence (AI) software company that specializes in a visual AI platform used to help enterprises improve sales experiences and efficiency in their business. SSPL works with enterprises in different verticals, delivering quantifiable Return on Investments by improving business metrics. For FY 2021-22 it had a turnover of INR 3,03,87,107.
From the Venture Intelligence Incubation Database: Sociograph Solutions was incubated by Amplifi in October-2016.
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