Namma Yatri parent Moving Tech enters Europe with Automicle acquisition

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 marks Moving Tech’s international expansion and extends its 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. It 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.

Rather than running a consumer-facing ride-hailing service, the company develops software layers, APIs and integration tools which connect public transport, shared mobility services, and parking systems into a single interoperable framework.

The company was founded in 2022 by Mohit Mishra, Jef Heyse, and Amit Pal, bringing together experience across mobility systems and software infrastructure.

The company is positioned within the broader 'mobility-as-a-service' segment, where the goal is to enable users to plan, book, and pay for multiple modes of transport through a common interface. Its platforms are designed to work closely with city authorities and transport operators, helping municipalities digitise services such as parking, ticketing, and multimodal journey planning, while maintaining control over their mobility ecosystems.

Automicle’s focus on open standards and interoperability aligns with a growing push in Europe towards sustainable, integrated urban mobility. By building systems that can plug into multiple providers rather than locking cities into proprietary platforms, the company aims to support more coordinated, city-led transport networks.