KPIT Technologies invests $10m in Helm.ai for AI software

KPIT Technologies announced an update on its investment in Helm.ai, confirming the subscription amount of $10 million has been paid. This investment, made through a wholly owned subsidiary in the USA, is for preferred stock via a "SAFE Instrument," granting KPIT Technologies the right to certain shares of Helm.ai's Capital Stock upon specific future events such as equity financing, IPO, or direct listing.

The initial intimation for this investment was made on August 8, 2025. This move is contingent on the satisfaction of synergy parameters, ensuring Helm.ai's continued focus on developing safe, scalable, and cost-effective AI software for self-driving cars. KPIT Technologies clarifies that this investment will not result in Helm.ai becoming a subsidiary, nor will KPIT Technologies have participative rights in Helm.ai's operations.

The company stated that the synergy parameters and conditions precedent for the investment have been satisfied. This strategic investment underscores KPIT Technologies' commitment to advancing technologies in the automotive and autonomous driving sectors.