Other Private Equity/Strategic Investments
Maruti Suzuki picks up 6.44% stake in AI startup Amlgo Labs for Rs.2- Cr
Publicly listed Maruti Suzuki India Ltd has picked up a 6.44% stake in Gurugram-based AI and ML startup Amlgo Labs Pvt Ltd for INR 1.99 crore.Founded in 2017, Amlgo Labs operates in the areas of data analytics, cloud engineering, Machine Learning (ML) and Artificial Intelligence (AI).This is the second investment in a startup by Maruti Suzuki. The company had invested in Sociograph Solutions Pvt Ltd in June 2022.
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