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Maruti Suzuki Innovation

Maruti Suzuki Innovation is a corporate initiative by Maruti Suzuki India Limited that fosters automotive innovation by supporting startups in developing technology solutions for the automotive sector. Based in Gurugram, Haryana, it emphasizes collaboration and co-creation with startups.

Founded
2019
Recorded stages
Pre Seed, Seed, Accelerator, Growth Equity
Focus sectors
Mobility, AI, Iot, Logistics
Recorded regions
India

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Overview

Maruti Suzuki Innovation is an initiative by Maruti Suzuki India Limited aimed at fostering automotive innovation in India. The platform supports startups in validating their solutions, transitioning from concept to pilot, and working on paid projects. It focuses on new-age technology solutions relevant to the automotive industry, emphasizing collaboration and co-creation to develop unique and efficient solutions. The organization has engaged with over 200 startups and has enabled more than 50 proof of concepts (POCs), onboarding 30 startups as business partners. Programs include Nurture, Incubation, Accelerator, and the Mobility Challenge, providing structured support and access to industry expertise.

Focus

Maruti Suzuki Innovation focuses on investing in startups that are developing new-age technology solutions relevant to the automotive industry. The organization emphasizes collaboration and co-creation with startups to develop unique and efficient solutions that address modern automotive needs.

Support

Maruti Suzuki Innovation provides significant value to its portfolio companies through access to Maruti Suzuki's test beds, paid proof-of-concept opportunities, expert mentorship, and potential pathways to commercial onboarding with India's largest passenger vehicle manufacturer.

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