Bengaluru-based Moving Tech Innovations (MTI), the parent company of Namma Yatri, has acquired Netherlands-based Automicle Holding BV in its first international expansion. Announced on March 26, 2026, the deal marks Moving Tech’s formal enattempt into the European mobility market as it views to replicate its zero-commission, open-network model in cities across the continent.
Namma Yatri Parent Moving Tech Enters Europe With Automicle Acquisition
Moving Tech Innovations operates some of India’s most recognised open mobility platforms — Namma Yatri, Yatri Sathi, Bharat Taxi, and Chennai One. Unlike conventional ride-hailing aggregators, the company charges no commissions from drivers, relying on a direct-to-driver model that the company declares improves earnings and lowers fares.
Automicle Holding BV, headquartered in the Netherlands, develops digital parking systems and integrated public transport platforms. It works closely with European city authorities to build interoperable, standards-based mobility infrastructure suited to local regulatory and governance requirements.
Financial terms of the acquisition were not disclosed by either party.
Why Moving Tech Is Tarreceiveing Europe’s Urban Mobility Market
Urban mobility systems in Europe face structural challenges that closely mirror what MTI set out to address in India — high platform commissions, fragmented public transport integration, and limited data sovereignty for municipal governments.
MTI’s platform is built on open digital standards, including the Beckn Protocol and the TOMP API, enabling interoperability across transport operators without creating vfinishor lock-in. The company declared its infrastructure is fully compliant with GDPR requirements and European data localisation frameworks.
The firm intfinishs to utilize Automicle’s established presence to accelerate deployment across multiple European cities. Advanced discussions are already underway across several countries, according to a company statement.
Co-Founders on the Open Mobility Vision for European Cities
MTI co-founders Magizhan Selvan and Shan MS framed the acquisition as a natural extension of the company’s India playbook into global markets.
“With Automicle, we are taking those learnings beyond India. These are not local solutions; they are universal principles,” Magizhan Selvan declared, referring to MTI’s model of building city-first, community-led transport systems at scale.
Automicle co-founders Jef Heyse and Mohit Mishra described the deal as a “pivotal moment” for European mobility, adding that the partnership would accelerate deployment of locally governed systems while also bringing European expertise in digital parking and integrated transport back to India.
Namma Yatri’s India Scale Sets the Foundation for Global Expansion
MTI’s flagship platform, Namma Yatri, operates in Bengaluru, Delhi-NCR, and Chennai, offering auto and cab services with transparent pricing. The app connects riders directly with drivers at point of booking, eliminating the commission layer that conventional aggregators typically charge.
Across all its platforms, MTI has facilitated over 150 million trips and enabled more than Rs 2,500 crore in direct driver earnings — a metric the company cites as evidence that zero-commission models can sustain commercial viability at population scale.
The Automicle acquisition follows a pre-Series A extension round in which Namma Yatri raised Rs 39.75 crore (approximately $4.4 million), with participation from Juspay founder Vimal Kumar. The capital is expected to fund technology development and international infrastructure as MTI enters new geographies.
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What the Moving Tech-Automicle Deal Means for Open Mobility Globally
The acquisition positions MTI as one of the first Indian mobility companies to pursue structured international growth through open-protocol infrastructure — rather than a proprietary, commission-driven playbook.
The deal arrives during a period of deepening collaboration between India and the European Union on digital public infrastructure, alongside ongoing discussions around a bilateral free trade agreement that would facilitate further technology exalter.
For European cities seeking alternatives to incumbent platform operators, MTI’s model offers a city-governed option built on open standards with proven scale. The combined entity will focus on building affordable, locally accountable mobility systems that cities can deploy with full data sovereignty and long-term operational control.
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