Maruti Suzuki to acquire 12.09% stake in AI firm Sociograph Solutions
Maruti Suzuki India (MSI) on Monday said it will acquire an equity stake of 12.09 per cent in Sociograph Solutions Pvt Ltd (SSPL) for about Rs 2 crore.
 "Maruti Suzuki India")
Maruti Suzuki India
Maruti Suzuki India (MSI) on Monday said it will acquire an equity stake of 12.09 per cent in Sociograph Solutions Pvt Ltd (SSPL) for about Rs 2 crore.
SSPL is an artificial intelligence (AI) software company that specialises in visual AI platform predominantly used to help enterprises improve sales experiences and improve efficiency in their business.
"The investment would help MSI strengthen its offering to customers by creating a customised sales experiences on the web, virtual reality and augmented reality," the auto major said in a regulatory filing.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: May 23 2022 | 4:39 PM IST