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Namma Yatri’s Parent MTI Drives Into Europe with Strategic Acquisition

by Ishaan Negi
March 27, 2026
in Business, Markets, News, Tech, Trending, World
Reading Time: 4 mins read
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Namma Yatri’s Parent MTI Drives Into Europe with Strategic Acquisition

Credits: Entrackr

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Bengaluru-based Moving Tech Innovations (MTI), the company behind popular open mobility platforms like Namma Yatri, Yatri Sathi, and Bharat Taxi, is taking a bold leap onto the global stage. The startup has officially entered the European market through the acquisition of Netherlands-based Automicle Holding BV.

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While financial details of the deal remain undisclosed, the move marks MTI’s first international expansion—signaling its ambition to scale its unique, zero-commission mobility model beyond India.

Namma Yatri Parent Expands to Europe with Automicle Acquisition

Credits: Entrepreneur India

A Different Kind of Mobility Revolution

What sets MTI apart in a crowded ride-hailing ecosystem is its fundamentally different approach. Unlike traditional aggregators, MTI operates on a zero-commission model, ensuring that drivers retain the full value of their earnings. This community-led philosophy has already proven successful in India, where the company claims to have enabled over ₹2,500 crore in driver earnings while completing more than 150 million trips.

At the heart of this model is a belief that mobility platforms should serve cities, drivers, and commuters equally—not just maximize profits. By fostering partnerships at the city level and integrating public transport with autos and cabs, MTI has positioned itself as a champion of open and inclusive urban mobility.

Why Europe—and Why Now?

MTI’s entry into Europe comes at a time when urban mobility systems across the globe are facing mounting challenges. High platform commissions, fragmented transport systems, and limited control for city authorities have created friction in many major cities.

According to MTI co-founder Magizhan Selvan, the company’s approach is not limited to India. “These are not local solutions; they are universal principles,” he noted, emphasizing that cities worldwide are actively seeking more transparent, community-driven alternatives.

Europe, with its strong focus on sustainability and public infrastructure, presents a natural next step. The region is already exploring integrated and interoperable mobility systems—areas where MTI’s expertise aligns closely.

The Role of Automicle in the Expansion

The acquisition of Automicle Holding BV is central to MTI’s European ambitions. Based in the Netherlands, Automicle specializes in digital mobility infrastructure, including smart parking systems and integrated public transport platforms.

What makes Automicle particularly valuable is its deep collaboration with city authorities across Europe and its focus on standards-based, interoperable systems. This complements MTI’s vision of open mobility networks that can seamlessly connect different modes of transport.

Automicle’s co-founders, Jef Heyse and Mohit Mishra, described the acquisition as a “pivotal moment,” highlighting how MTI’s success at scale in India demonstrates the viability of city-first mobility models.

A Two-Way Street of Innovation

The partnership is not just about exporting India’s mobility model—it’s also about learning and collaboration. While MTI brings its expertise in zero-commission, community-driven platforms, Automicle contributes advanced capabilities in parking systems and integrated mobility infrastructure.

This exchange of knowledge could accelerate innovation on both sides. European cities may benefit from more inclusive and cost-efficient mobility solutions, while Indian cities could gain from cutting-edge developments in urban transport integration.

Riding the Wave of Global Collaboration

MTI’s expansion also aligns with a broader trend of increasing collaboration between India and the European Union in areas like digital public infrastructure and sustainable urban mobility. Ongoing discussions around a potential free trade agreement further strengthen the context for such cross-border partnerships.

As cities worldwide grapple with congestion, environmental concerns, and inefficiencies in transport systems, the demand for scalable, inclusive solutions is only growing.

Moving Tech Innovation enters Europe with acquisition of Automicle Holding  | Company News - Business Standard

Credits: Business Standard

The Road Ahead

For MTI, the acquisition of Automicle is more than just a geographic expansion—it’s a statement of intent. It signals the company’s belief that open, community-led mobility systems can work anywhere in the world.

If successful, this move could redefine how mobility platforms operate globally, shifting the focus from profit-driven models to ecosystems that prioritize drivers, cities, and commuters alike.

As MTI begins its European journey, one thing is clear: the future of urban mobility may not just be built in Silicon Valley or Europe—it could very well be shaped on the streets of India.

Tags: #Automicle#Namma_YatriEuropeMTI
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Ishaan Negi

Ishaan is a student at Sri Venkateswara College, University of Delhi, where he combines his academic pursuits with a deep passion for technology and storytelling. Ever since his school days, Ishaan has been an avid reader, a thoughtful writer, and an articulate speaker. These interests have naturally evolved into a strong inclination towards journalism, especially in the fast-paced world of tech. Known for his balanced approach, Ishaan is committed to presenting unbiased viewpoints and ensuring every story he tells is rooted in facts and multiple perspectives. Whether he’s reporting on emerging startups, corporate developments, or ethical issues in the tech space, he brings a sharp analytical lens and a curiosity-driven mindset to his work. With a strong foundation in research and communication, Ishaan strives to make complex topics accessible to readers while maintaining depth and nuance. His goal is not just to inform but also to spark thoughtful conversations around the ever-evolving tech landscape.

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