Maruti Suzuki invests ₹2cr in Ravity Software Solutions
Maruti Suzuki just put nearly ₹2 crore into Ravity Software Solutions, picking up an over 7.84% stake through its Innovation Fund.
This is their third startup investment, after backing Amlgo Labs and Sociograph Solutions.
According to Maruti Suzuki's CEO Hisashi Takeuchi, teaming up with specialized startups helps them make car ownership better and keeps the company focused on what customers want.
Why this matters
By investing in Ravity, Maruti Suzuki is doubling down on innovation and fresh ideas from the startup world—especially when it comes to using data for a smoother customer experience.
Ravity's founder Vikas Rungta is excited about the partnership, saying both sides bring something valuable to the table.
The move also lines up with Maruti's push for entrepreneurship under 'Startup India' since 2019.