Samvardhana Motherson International Limited (SAMIL) has approved an initial investment in Rider Dome Pte Ltd, a Singapore-based company specializing in Rider Assistance Systems (ARAS) for two-wheelers. The investment includes USD 0.2 million in primary equity for a 10% stake and USD 0.3 million in optionally convertible secured notes. Further investment of USD 1.5 million is planned based on achieving agreed milestones.
Strategic Investment in Rider Dome
Samvardhana Motherson International Limited (SAMIL) announced on October 29, 2025, its decision to invest in Rider Dome Pte Ltd, a company focused on designing and developing proprietary technology solutions, specifically Rider Assistance Systems (ARAS) for the two-wheeler segment. The initial investment totals USD 0.5 million.
Investment Details
The initial investment of USD 0.5 million is structured as follows:
- USD 0.2 million in primary equity, securing a 10% stake in Rider Dome.
- USD 0.3 million in 12% optionally convertible secured notes.
SAMIL will invest through its subsidiary, MSSL (S) Pte Ltd. (“MSSL-Singapore”).
Future Investment
Subject to the successful completion of agreed financial and commercial milestones by FY 2028, Samvardhana Motherson plans to further invest USD 1.5 million in 12% optionally convertible secured notes, across multiple tranches. This could lead to a majority stake, dependent on business performance.
Rider Dome Overview
Rider Dome develops a Rider Assistance System (ARAS) for two-wheelers, providing real-time alerts to prevent collisions. Their technology includes blind-spot detection, safe distance monitoring, front collision warnings, and driving behavior analysis. The company also provides a fleet management platform. Rider Dome’s turnover for the 12 months ending December 31, 2024, was USD 0.5 million.
Investment Rationale
The investment rationale includes:
- Support for technology development and commercialization of Two-Wheeler ARAS.
- Access to complementary technologies.
This move aims to strengthen the company’s market presence in the two-wheeler segment.
Source: BSE
