Meet The Six Winning Startups Of Maruti Suzuki’s ‘Grand Idea Hunt’ Competition
Summary
Hailing from different industries, these startups have been judged on competencies like innovation, business model, revenue, and relevance to Maruti Suzukis operations The startups were also presented with a cash reward of INR 50,000 each Last year, the company extended support to Sociograph Solutions through an investment of INR 2 Cr against a 12.09% stakeMaruti Suzuki has announced the names of six startups that secured top spots at a competition held under the companys Nurture program, Grand Idea Hunt. The competition was held jointly with IIM Calcutta Innovation Park (IIMCIP).Hailing from different industries, these startups have been judged on competencies like innovation, business model, relevance to Maruti Suzukis business operations, leadership & team structure, and revenue model.The startups were also presented with a cash reward of INR 50,000 each. Going forward, these ventures will receive mentorship under Maruti Suzukis innovation programmes like Maruti Suzuki Incubation Program for Mobility Startups.Heres the list of the winning startups:The startup is a tech-based driver aggregator and helps provide drivers on demand through its app. Route2Jute has touched a social chord by involving prisoners in the manufacturing process of the products.OiHelp is a startup that delivers restaurant food, packages and groceries. As part of this investment, Maruti Suzuki wanted to use the visual artificial intelligence (AI) platform of Sociograph Solutions, called Dave.AI, to enhance the digital sales experience of its customers.