Bosch buys 14 percent stake in Zeliot Connected Services

German technology major Bosch has acquired a 14 percent stake in Bengaluru-based B2B start-up Zeliot Connected Services, which it says will enhance its role in the mobility landscape through offerings on digital platforms in the personalised and connected mobility.

Bosch states that it consciously has forayed into new business models, which is reflected through the recent acquisitions and launch of Mobility Could Platform and Mobility Marketplace, a platform to transact digital assets.

The company says the combination of Bosch’s Mobility Marketplace and Zeliot Micro services platform will create a one-stop-shop for the new age mobility players while improving vehicle ownership experience for all stakeholders.

Zeliot will leverage its SaaS portfolio of Bosch‘s mobility platform to augment its digital product lifecycle from development to customer experience. The investment, supplemented with Bosch Mobility Marketplace will additionally enhance Zeliot’s ability to offer microservices as APIs to offering device-agnostic solutions deployed for a wide range of customers in India.