Maruti Suzuki To Acquire 12% Stake In Ai Firm Sociograph Solutions

Industry:    2022-05-24

India’s largest carmaker Maruti Suzuki India Ltd (MSI) has agreed to acquire 12.09% equity stake in Sociograph Solutions Pvt Ltd. for ₹2 crore.

The investment would help Maruti to strengthen its offering to customers by creating a customized sales experiences on the web, virtual reality and augmented reality, the company said.

Sociograph Solutions is artificial intelligence (AI) software company that specializes in a visual AI platform predominantly used to help enterprises improve sales experiences and improve efficiency in their business.

It works with leading enterprises in different verticals, delivering quantifiable return on investments by improving business metrics.

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