Maruti Suzuki India Limited has invested nearly INR 2 crore in Ravity Software Solutions Private Limited, acquiring an equity stake of over 7.84 percent through the Maruti Suzuki Innovation Fund. Ravity Software Solutions operates as a technology-driven startup that delivers connected mobility insights.
Moreover, Maruti Suzuki channels its startup investments through the Maruti Suzuki Innovation Fund, an initiative created to strategically back high-potential startups that demonstrate innovation and the ability to develop solutions aligned with the company’s operational needs.
This investment marks the third funding under the Maruti Suzuki Innovation Fund. The company previously invested INR 2 crore each in Amlgo Labs Private Limited in March 2024 and Sociograph Solutions Private Limited in June 2022.
Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India Limited, said, “Aligning to our core value of keeping the customer at the core of our business, we are focused on enhancing the vehicle ownership experience. In the age of open innovation, we strive to co-create business solutions with specialized entities operating in a particular field. Startups are ideal partners, as they bring agility, fresh thinking, and cutting-edge solutions to support our goal of ensuring customer delight. Our investment in Ravity Software Solutions Private Limited will enable us to elevate customer experience through data-driven insights. We have been associating with startups since 2019 under our Maruti Suzuki Innovation programs. Through this initiative, we are investing in a culture of innovation, building strategic partnerships, and unlocking new opportunities, in line with the government’s ‘Startup India’ initiative to promote entrepreneurship in the country.”
Vikas Rungta, Founder, Ravity Software Solutions Private Limited, said, “It is an honor to be associated with an industry leader like Maruti Suzuki, whose name is synonymous with bringing personal mobility to millions in India as well as across the globe. An automobile major like Maruti Suzuki partnering with a startup speaks volumes about its forward-thinking mindset, humility, and openness to learn and collaborate to explore new ideas. With our excellence and expertise in AI, analytics, and mobility, we are committed to upholding the trust Maruti Suzuki has placed in us. We believe that the high complementarity of our strengths—Maruti Suzuki’s scale of business and our agility and entrepreneurship—will further enhance customer experience and delight.”
