Multinational technology company Bosch Ltd. acquired a 14% minority stake in Bengaluru-based deeptech B2B startup Zeliot Connected Services.
According to Bosch, this investment will help the company strengthen its position in the mobility landscape through digital platform offerings in personalised and connected mobility. Zeliot provides enterprise and automotive OEMs with connected mobility solutions. Zeliot will augment its digital product lifecycle by leveraging Bosch's mobility platform's SaaS portfolio. Bosch has made a concerted effort to explore new business models.