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Suzuki Invests in Next Bharat Venture Fund-2

Suzuki Motor Corporation (“Suzuki”) has decided to make an investment of USD 200 million in the second fund (“NBV Fund-2”) established by Next Bharat Ventures (“NBV”), Suzuki’s wholly owned subsidiary in India.

With the aim of addressing social challenges in India through the power of business, Suzuki invested USD 40 million in July 2024 in the first fund established by NBV to support social entrepreneurs working in areas such as agriculture, financial inclusion, supply chain, and mobility. Through this initiative, NBV has invested in and supported 15 companies, mainly in sectors such as agriculture and food processing.

Through its investment in the newly established NBV Fund-2 to accelerate these efforts, Suzuki will continue to build connections with people in India beyond the mobility sector and aims to contribute to the further development of India.

<Comment from Toshihiro Suzuki, Representative Director & President>

“Since commencing the production and sale of automobiles in India in 1983, Suzuki has provided mobility solutions, including automobiles and motorcycles, to customers. However, out of India’s population of approximately 1.4 billion people, Suzuki is currently connected with only about 400 million.
Through NBV, Suzuki will establish connections with the next billion people beyond the mobility sector and contribute to ‘Viksit Bharat 2047 (Developed India)’, the Government vision to drive the mission of making India a developed Nation by its 100th anniversary of Independence in 2047.”

<Overview of NBV Fund-2>