SoftBank backed Netradyne has acquired Moove Connected Mobility, strengthening its footprint in Europe as it scales its AI-powered fleet safety and analytics business globally. The company did not disclose the financial details of the transaction.
The acquisition brings together Netradyne’s edge intelligence platform with Moove’s established local operations and enterprise customer base across key European markets. Following the deal, Moove will be integrated into Netradyne Europe, serving as a central hub for regional sales, partnerships, and customer engagement.
Netradyne co-founder and CEO Avneesh Agrawal described Europe as a critical growth market, adding that the deal reflects the company’s commitment to building a long-term presence and trust in the region. By combining local expertise with its AI platform, Netradyne aims to deliver scalable solutions tailored to European regulatory and operational environments.
As part of the transition, Jeroen Bruinooge, former CEO of Moove Connected Mobility, will join Netradyne as SVP and General Manager for Europe, leading go-to-market strategy, regional partnerships, and customer success initiatives.
The combined entity will focus on helping fleet operators improve safety outcomes, enhance driver performance, and gain real-time operational insights, leveraging AI-driven video analytics and data intelligence.
The acquisition also strengthens Netradyne’s ability to serve global enterprise clients seeking unified fleet management solutions across North America, Europe, and Asia. It aligns with the company’s broader strategy of building a globally integrated AI platform with strong regional execution capabilities.
Backed by investors including SoftBank, Reliance Industries, M12, and Point72 Ventures, Netradyne has been expanding aggressively. The company became India’s first unicorn of 2025 and now operates across multiple global markets, including the US, UK, Germany, and Australia.
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