Maruti Suzuki invests ₹2 crore in connected mobility startup Ravity Software

Maruti Suzuki India Ltd has announced an investment of nearly ₹2 crore in startup Ravity Software Solutions Private Ltd, for an equity stake of over 7.84% through Maruti Suzuki Innovation Fund.

Ravity Software Solutions specialises in providing connected mobility insights.

This is the third investment under the Maruti Suzuki Innovation Fund. Before this, the company had invested nearly ₹2 crore each in Amlgo Labs Private Ltd in March 2024 and Sociograph Solutions Private Ltd in June 2022.

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Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Ltd, said, “Aligning to our core value of keeping customer at the core of our business, we are focused on enhancing vehicle ownership experience. In the age of open innovation, we strive to co-create business solutions with specialised entities operating in the 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 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,” he said. 

“Through this initiative, we are investing in a culture of innovation, building strategic partnerships, and unlocking new opportunities, in line with Government’s ‘Startup India’ initiative to promote entrepreneurship in the country,” he added. 

Vikas Rungta, Founder, Ravity Software Solutions, said, “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,” he added.