Overview
- The investment was made through the Maruti Suzuki Innovation Fund, giving the automaker a 7.84% holding in Ravity Software Solutions.
- Ravity specializes in connected-mobility insights that use AI and analytics for vehicle data and operations.
- This is the fund’s third such deal, following stakes in Sociograph Solutions in June 2022 and Amlgo Labs in March 2024.
- MD and CEO Hisashi Takeuchi said the tie-up aims to elevate customer experience through data-driven insights.
- Maruti Suzuki shares traded about 1.8% higher on the BSE after the announcement.