Moving Tech Innovations, the company behind ride-hailing platform Namma Yatri, has acquired Netherlands-based Automicle Holding BV, marking its entry into the European mobility market. The acquisition extends Moving Tech’s zero-commission, open-network model, developed in India, to European cities. The financial terms of the deal were not disclosed.
Moving Tech operates a portfolio of mobility platforms, including Yatri Sathi, Bharat Taxi, and Chennai One. It claims to have facilitated over 150 million trips while enabling more than Rs 2,500 crore in driver earnings without charging commissions. The company positions its model as an alternative to conventional ride-hailing platforms, which, it argues, rely on high commissions and closed ecosystems. Its approach emphasises open digital infrastructure, integration with public transport systems, and greater control for city authorities.
Automicle, founded in the Netherlands, develops digital solutions for urban mobility, including parking systems and integrated transport platforms. The company has worked with European municipalities and focuses on interoperability through open standards. Both companies use open protocols such as Beckn and TOMP APIs, which are designed to enable interoperability across mobility services.
In a joint statement, the co-founders of Moving Tech said the acquisition would allow the company to take its “city-first” approach beyond India. The company said the combined entity aims to offer cities an alternative mobility framework centred around open systems, public-private partnerships, and long-term infrastructure development. Automicle’s leadership described the transaction as an opportunity to combine European expertise in urban mobility with scalable digital infrastructure built in India.
The development gains significance amid growing alignment between India and the European Union on digital public infrastructure and sustainable urban mobility. Automicle Holding BV operates largely behind the scenes, building the digital infrastructure that allows different parts of a city’s transport system to function as a unified network.
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Source: YourStory