{"id":55506,"date":"2026-04-10T08:37:21","date_gmt":"2026-04-10T08:37:21","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=55506"},"modified":"2026-04-10T08:37:21","modified_gmt":"2026-04-10T08:37:21","slug":"argus-partners-advises-moving-tech-innovations-private-limited-on-acquisition-of-netherlands-based-automicle-holding-bv","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/argus-partners-advises-moving-tech-innovations-private-limited-on-acquisition-of-netherlands-based-automicle-holding-bv\/","title":{"rendered":"Argus Partners Advises Moving Tech Innovations Private Limited on Acquisition of Netherlands-Based Automicle Holding BV"},"content":{"rendered":"<p><strong>Argus Partners is pleased to announce that it has acted as legal advisor to Moving Tech Innovations Private Limited (\u201cMoving Tech\u201d), the Bengaluru-based mobility technology company behind some of India&#8217;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.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>This transaction represents a significant milestone in Moving Tech&#8217;s growth trajectory, marking the company&#8217;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.<\/p>\n<p>Moving Tech&#8217;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.<\/p>\n<p>The team at Argus Partners advising Moving Tech consisted of <a href=\"https:\/\/www.argus-p.com\/our-people\/our-partners\/anantha-krishnan-iyer\/\">Anantha Krishnan Iyer<\/a> (Partner) and <a href=\"https:\/\/www.argus-p.com\/our-people\/our-associates\/shubham-tiwary\/\">Shubham Tiwary<\/a> (Associate).<\/p>\n<p>Read more at: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/startup\/namma-yatri-parent-moving-tech-enters-europe-with-automicle-acquisition-13871220.html\">Moneycontrol<\/a>, <a href=\"https:\/\/www.business-standard.com\/companies\/news\/moving-tech-innovation-enters-europe-with-acquisition-of-automicle-holding-126032600459_1.html\">Business Standard<\/a><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-55506","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/55506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=55506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}