M&A M&A
Ride hailing platform Namma Yatri’s parent acquires Dutch mobility startup Automicle
Source Automicle (opens in a new tab)Inc42 (opens in a new tab)
Bengaluru-based Moving Tech Innovations, the parent company of Namma Yatri, has acquired Netherlands-based mobility startup Automicle .Founded in 2022 by Amit Pal, Mohit Mishra, and Jef Heyse, Automicle develops digital mobility solutions such as smart parking systems and integrated public transport platforms. It collaborates with city authorities across Europe, focusing on interoperable, standards-based infrastructure.Moving Tech Innovations plans to leverage this acquisition to extend its zero-commission mobility model internationally.