STOCK MARKET BSE NSE

Maruti Suzuki partners with IIM Bangalore to incubate startups

Early-stage startups will get incubation support and a chance for potential partnership with Maruti Suzuki to fast-track the growth of their venture.

Published: 20th August 2020 12:44 PM  |   Last Updated: 20th August 2020 12:44 PM   |  A+A-

Maruti Suzuki

Maruti Suzuki India (File Photo | Twitter)

By ANI

NEW DELHI: Maruti Suzuki on Thursday announced a partnership with the Indian Institute of Management Bangalore (IIM-B) to help startups working in technology-based innovations that can be applied in the mobility sector.

The collaboration marks the first-of-its-kind initiative by an automobile manufacturing company to help early-stage startups become large scale businesses, said the country largest passenger car manufacturer.

This will be a three-month (pre-incubation) and six-month (incubation) engagement. Maruti Suzuki launched a mobility and automobile innovation lab in January last year to co-create innovative business solutions in the mobility space.

"The mobility startup incubation programme addresses the needs of early-stage startups which have the potential of becoming large-scale businesses," said Kenichi Ayukawa, Managing Director and CEO of Maruti Suzuki.

"The tie-up with IIMB is aimed to nurture the next generation companies that will define future mobility solution and can make a significant contribution to create jobs," he said in a statement.

The programme will select professionals who have technology in digital, data and AI/ML in the fields of autonomous mobility, shared mobility, mobility solution for rural, connected cars, vehicle diagnostic, vehicle safety, advanced driver-assist system, supply chain management, blockchain, data security, warehousing, finance, advertisement and loyalty programme.

Early-stage startups will get incubation support and a chance for potential partnership with Maruti Suzuki to fast-track the growth of their venture. They will get support for need assessment, access to a domain expert, investor connect, mentoring, guidance to regulations and demo day to catalyse its growth.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp