Yellow Drive Technologies Private Limited acquired Quixote Automotive Technologies Pvt. Ltd from iCreate Limited (JMSE:ICREATE), DevX Venture Fund and Bhuva Family on February 10, 2022. In FY22, Scouto clocked approx INR 50 million in revenue. As part of the acquisition, Scouto's founders will become an integral part of Spinny & help build and drive our connected car offerings forward.

Yellow Drive Technologies Private Limited completed the acquisition of Quixote Automotive Technologies Pvt. Ltd from iCreate Limited (JMSE:ICREATE), DevX Venture Fund and Bhuva Family on February 10, 2022.