Namma Yatri's Parent Company Expands into Europe Through Automicle Acquisition
Namma Yatri Parent Moving Tech Acquires Automicle, Enters European Market
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Storyboard•26-03-2026, 15:37
Namma Yatri Parent Moving Tech Acquires Automicle, Enters European Market
•Moving Tech Innovations, parent company of Namma Yatri, has acquired Netherlands-based Automicle Holding BV, marking its first international expansion.
•The acquisition facilitates Moving Tech's entry into Europe, where it plans to introduce its zero-commission, community-led ride-hailing model.
•Moving Tech aims to leverage Automicle's presence to expand operations across European cities, collaborating with local governments and transport stakeholders.
•The company, founded in Bengaluru, operates platforms like Namma Yatri, Yatri Sathi, and Bharat Taxi, all based on a direct-to-driver model.
•This international push follows a recent pre-Series A extension round, raising ₹39.75 crore to support expansion and technology development.
