Maruti Suzuki acquires 6.44% stake in AI/ML firm Amlgo Labs for Rs 2 crore

The investment would help MSIL make best data-driven decisions to further enhance its offerings to customers.

Autocar Pro News Desk By Autocar Pro News Desk calendar 22 Mar 2024 Views icon134 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Maruti Suzuki acquires 6.44% stake in AI/ML firm Amlgo Labs for Rs 2 crore

Maruti Suzuki India (MSIL) has acquired a 6.44% stake in Amlgo Labs, an artificial intelligence and machine learning firm, for Rs 2 crore.

"The investment will help  MSIL make best data driven decisions to further enhance it's offerings to customers by leveraging the strength of this entity", the company said in an exchange filing.

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