Overview
- MTI, parent of Namma Yatri, announced Thursday it acquired Netherlands-based Automicle, marking its formal entry into Europe.
- Deal terms were not disclosed, and MTI said Automicle will keep operating independently after the acquisition.
- Both groups use open protocols such as the Beckn standard and the TOMP API, which help cities run integrated, vendor-neutral systems that meet GDPR rules.
- MTI reported active talks to roll out services in more European countries and to bring Automicle’s public parking tools to Indian cities.
- The move tests MTI’s zero-commission model in markets where big apps take a cut of driver fares, with early opportunities flagged in care rides for seniors and people with disabilities.