World
Namma Yatri goes global: Parent firm MTI acquires Dutch startup Automicle to crack the European market

Moving Tech Innovations, the powerhouse behind Namma Yatri and Yatri Sathi, has announced the acquisition of Netherlands-based mobility firm Automicle Holding BV. The deal marks MTI’s formal entry into Europe.
By absorbing Automicle’s expertise in European digital parking and public transport integration, MTI aims to export its “city-first” zero-commission model to a continent currently at the forefront of sustainability and mobility innovation.
The acquisition signals a shift in the global mobility narrative, where Indian-grown open infrastructure is now being positioned as a credible alternative to the high-commission, closed-loop platforms that dominate Western cities.
In a statement, MTI said it has already completed over 150 million trips in India, funneling more than ₹2,500 crore in earnings directly to drivers by eliminating middleman commissions. Now, the company aims to prove that these are not just local wins but universal principles.
“We proved that zero-commission models work and that drivers deserve dignity,” said Magizhan and Shan MS, co-founders of MTI. “With Automicle, we are taking those learnings beyond India.”
The deal is a strategic fit based on shared technical DNA. Both companies build on open standards like the Beckn Protocol and TOMP API, ensuring that city transport systems remain interoperable and “city-first” rather than profit-first, as per the firm.
Jef Heyse and Mohit Mishra, co-founders of Automicle, noted that while they help European cities move toward open mobility, the partnership will also bring European expertise in integrated parking back to Indian urban centres.
The acquisition arrives at a time of deepening alignment between India and the European Union on Digital Public Infrastructure (DPI). With India–EU Free Trade Agreement discussions gaining momentum, collaboration in urban tech systems has become a top priority for both regions.
By acquiring Automicle, MTI said it isn’t just buying a company; it’s planting a flag for the “India Stack” philosophy in the heart of Europe.
Also read: Uber and Ola are changing their pricing—here’s how Namma Yatri led the shift
First Published: Mar 27, 2026 5:07 PM IST

News1 year agoAbiodun attracts battle line: Ogun gained’t cede Ode-Omi, Makun to Lagos, Ondo
Business1 year agoMarketsquare expands with two new shops in Lagos
News1 year agoEngr. Sheriff Daramola Elected as fifteenth President of IFMA Nigeria Chapter
Business1 year agoMTN implements 50% tariff hike, raises knowledge costs
Business1 year agoMDAs should prioritise capability constructing in public service reforms – BPSR DG
Politics11 months agoYobe gov not becoming a member of coalition — Aide
Business11 months agoGTCO Shareholders Approve N8.03 Per Share Dividend Payout
Business1 year agoThe Rabiu Impact: Why Energy and Status Patronize BUA Boss















