Argus Partners is pleased to announce that it has acted as legal advisor to Moving Tech Innovations Private Limited (“Moving Tech”), the 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) in connection with its acquisition of Automicle Holding BV, a company incorporated and headquartered in the Netherlands.
This transaction represents a significant milestone in Moving Tech's growth trajectory, marking the company'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, one that has fundamentally reimagined the relationship between drivers, riders, and technology platforms across Indian cities, to European markets.
Moving Tech's platforms have been widely recognised for prioritising driver welfare and operational transparency by eliminating the commission-based structures that characterise conventional ride-hailing services. The company now seeks to bring this philosophy to bear in European cities through Automicle Holding BV.
The team at Argus Partners advising Moving Tech consisted of Anantha Krishnan Iyer (Partner) and Shubham Tiwary (Associate).