Namma Yatri parent Moving Tech enters Europe with Automicle acquisition

Moving Tech has made a significant move by acquiring Automicle, marking its inaugural expansion into the European market.

This acquisition allows Moving Tech to introduce its unique zero-commission, open-network model, which was initially developed in India.

The expansion aims to enhance transportation services across various European cities.

Key highlights of this acquisition include:

  • First international venture for Moving Tech.
  • Introduction of a zero-commission model to Europe.
  • Focus on building an open network for transportation services.

With this strategic move, Moving Tech is set to redefine urban mobility in Europe.