Moving Tech Innovations Private Limited has acquired Automicle Holding BV, a company incorporated and headquartered in the Netherlands.
Argus Partners advised Moving Tech on this acquisition.
The transaction team consisted of Anantha Krishnan Iyer (Partner) and Shubham Tiwary (Associate).
The Firm had recently advised Moving Tech on a fundraise.
Moving Tech Innovations is a Bengaluru-based mobility technology company behind some of India's most widely used ride-hailing and public transport platforms such as Namma Yatri, Yatri Sathi, Odisha Yatri, Chennai One and Bharat Taxi.
This transaction marks Moving Tech's first international acquisition and its strategic entry into the European urban mobility landscape. Through this acquisition, Moving Tech aims to extend its distinctive zero-commission, community-led mobility model to European markets.
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