India's Zero-Commission Ride-Hailing Platform Takes Its Model to Europe

The Hindu reports that Moving Tech Innovations, the Bengaluru-based company behind Namma Yatri, has acquired Netherlands-based Automicle Holding BV in its first international move, marking a direct push into the European urban mobility market.

The deal, announced on March 26, gives Moving Tech a foothold on the continent with a platform that already works with European city authorities on digital parking systems and integrated public transport. Financial terms were not disclosed.

The strategic rationale is straightforward: European ride-hailing remains dominated by platforms that charge drivers commissions of anywhere between 10 and 50%. Moving Tech's entire model is built around eliminating that layer. Across its Indian platforms, including Namma Yatri, Yatri Sathi, and Bharat Taxi, the company has completed over 150 million trips and channelled more than Rs 2,500 crore in earnings directly to drivers without taking a cut.

"When we built Namma Yatri, we put cities and their people first," said co-founders Magizhan Selvan and Shan MS. "These are not local solutions; they are universal principles. Cities everywhere are seeking a mobility model that is open and community-led."

Automicle's co-founders framed the deal as a two-way exchange, with European expertise in parking and integrated urban transport flowing back to Indian cities alongside Moving Tech's open-network model heading west.

The acquisition follows a pre-Series A extension round in which Namma Yatri raised Rs 39.75 crore, roughly $4.4 million, with participation from Juspay founder Vimal Kumar. The company also pointed to renewed momentum in India-EU Free Trade Agreement talks as broader context for the move.