The two companies said the acquisition would also bring European expertise in parking and urban mobility back to Indian cities, framing it as a two-way exchange.
Bengaluru-based Moving Tech Innovations (MTI), the company behind India's zero-commission ride-hailing platform Namma Yatri, has acquired Netherlands-based mobility firm Automicle Holding BV, marking its first international expansion. The deal, announced on March 26, 2026, brings MTI into Europe for the first time.
MTI operates platforms including Namma Yatri, Yatri Sathi, Bharat Taxi, and Chennai One, and claims to have completed over 150 million trips while enabling more than ₹2,500 crore in driver earnings without taking a commission. The company positions itself as a builder of open, city-first mobility infrastructure, running on open protocols such as Beckn Protocol.
“When we built Namma Yatri, we put cities and their people first,” said Magizhan and Shan MS, Co-founders of Moving Tech Innovations. “We proved that zero-commission models work, that drivers deserve dignity and better earnings, and that public transport can be seamlessly integrated. With Automicle, we are taking those learnings beyond India. These are not local solutions; they are universal principles. Cities everywhere are seeking a mobility model that is open and community-led.”
Jef Heyse and Mohit Mishra, Co-founders of Automicle, said, “We have worked with European cities for a long time to modernise mobility – from digital parking to integrated public transport. What MTI has built at scale proves that city-first models work. Together, we can help European cities move faster toward open mobility that truly serves people, while bringing European expertise in parking and integrated urban mobility to Indian cities as well.”
The two companies said the acquisition would also bring European expertise in parking and urban mobility back to Indian cities, framing it as a two-way exchange. MTI cited growing alignment between India and the EU on digital public infrastructure and pointed to renewed momentum in India-EU Free Trade Agreement talks as broader context.
MTI is not the first Indian mobility company to set its sights on Western markets. Ola had attempted something similar nearly a decade ago, and the outcome offers a cautionary parallel.
Ola entered Australia in January 2018, expanded to New Zealand in September 2018, and launched in the UK in March 2019, positioning itself as a challenger to Uber in its own backyard. The model was a conventional commission-based platform, and the competitive dynamics in those markets were deeply entrenched.
After six years and sustained losses, Ola shut down all three international operations in April 2024, giving drivers and users only days of notice. The company’s stated reason was a strategic refocus on India and the upcoming IPO of its EV arm, Ola Electric, but industry observers noted it had been losing ground to Uber in Australia and New Zealand for some time.