Maruti Suzuki Innovation
Provider of holistic support and ecosystem for mobility and technology startups to develop innovative solutions and accelerate their growth
Maruti Suzuki Innovation at a glance
| Established | 2019 |
|---|---|
| Address | Gurugram, Haryana, India |
| Programmes | 1 standing programme |
| Official website | www.marutisuzukiinnovation.com |
Programmes they run
Standing programmes at Maruti Suzuki Innovation, separate from the funding calls above.
Maruti Suzuki Innovation Fund
Grant schemeProvides strategic investment with minority stake to automotive startups to help them scale faster.
What you get, who can apply and how to applyHide details
Supports Idea Stage, Early Stage, Pre Series A, or Series A startups with refined products and multiple customers. Eligibility requires successful completion of a Paid Proof of Concept within a Maruti Suzuki Innovation program.
Incubation tracks
The routes into Maruti Suzuki Innovation, and what each one includes.
| Track | Type | Space | Includes |
|---|---|---|---|
| Nurture ProgramObjective to engage with very early stage startups working in social impact, sustainability, enterprise and manufacturing, mobility tech, and related solutions, in collaboration with IIMCIP. | Pre-incubation | — | — |
| Incubation ProgramEngages with early stage startups working on high-risk disruptive technologies, focusing on ideation and prototyping, in collaboration with IIM Bangalore's NSRCEL. | Pre-incubation | — | paid Proof of Concept opportunities, AWS credits, Microsoft Azure and Founders Hub credits, Startup tech kits (Google, Zoho, Segment etc.), shared services (legal, CA/CS, performance management, product development coaching), paid travel and lodging |
| Accelerator ProgramAims to accelerate the growth of early-stage, pre-Series A startups with MVP or few customers. Offers extensive mentorship and test beds. | Acceleration | — | mentorship by domain experts, access to automotive testbeds, paid Proof of Concept opportunities |
| Mobility ChallengeFor mature, Series A/B startups with refined products and multiple customers, in association with T-Hub, to showcase solutions and achieve quicker go-to-market with Maruti Suzuki. | Acceleration | — | — |
Labs & facilities
Equipment and space on campus.
Automotive Testbed
Access via Maruti Suzuki
Maruti Suzuki Innovation Gym Coworking Space
Support services
Help offered alongside funding and space.
About Maruti Suzuki Innovation
Maruti Suzuki Innovation is a platform aimed at revolutionizing automotive innovation in India by supporting startups with innovative solutions. It offers programs that enable startups to validate their solutions, build from concept to pilot, and work on paid projects, with opportunities to go to market and attract investments. The initiative engages with startups working in social impact, sustainability, enterprise, manufacturing, mobility tech, mobility convenience, and related solutions. It supports startups from very early idea stage to mature Series A/B stages, both domestic and international, through mentorship, extensive domain expertise, and access to Maruti Suzuki's automotive testbed. Programs are structured in phases, providing access to an innovation ecosystem, guidance from experts, and paid Proof-of-Concept opportunities. The platform also includes an Innovation Fund for strategic investment upon successful PoC completion. All Maruti Suzuki Innovation programs are equity-free.
Who they work with
Tags
Frequently asked questions about Maruti Suzuki Innovation
What does Maruti Suzuki Innovation do?
Maruti Suzuki Innovation is a platform aimed at revolutionizing automotive innovation in India by supporting startups with innovative solutions.
Where is Maruti Suzuki Innovation located?
Maruti Suzuki Innovation is based in Gurugram, Haryana, India.
What programs does Maruti Suzuki Innovation run?
Maruti Suzuki Innovation runs Maruti Suzuki Innovation Fund.
What facilities does Maruti Suzuki Innovation offer?
Maruti Suzuki Innovation offers Maruti Suzuki Innovation Gym Coworking Space. Incubatees also get access to Automotive Testbed through its host institution.
When was Maruti Suzuki Innovation founded?
Maruti Suzuki Innovation was founded in 2019. It operates as an incubator.
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