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Everest Fleet: Fleet management company operating 800+ cars for Uber in Mumbai & Bengaluru, enhancing ride experiences and driver income.
Everest Fleet is a commercial fleet management company based in Mumbai, Maharashtra, India, that operates and maintains passenger vehicles specifically for the regional ride-hailing sector. The organization currently manages an active fleet of more than 800 cars, focusing on optimizing vehicle utilization rates to facilitate daily urban commutes and generate sustainable income opportunities for its network of independent drivers. Operating primarily as a dedicated fleet provider and strategic partner for Uber, the company deploys its automotive assets across major metropolitan transportation markets, specifically targeting key transit regions like Mumbai and Bengaluru. To maintain its regional logistics, vehicle maintenance schedules, and daily driver support operations, the enterprise employs a corporate workforce of approximately 200 dedicated personnel. Everest Fleet was officially founded in October 2016 by chief executive officer Siddharth Ladsariya, alongside partners Amar Kerkar and Anand Chheda.
Everest Fleet has raised $62.1M across 3 funding rounds.
Everest Fleet has raised $62.1M in total across 3 funding rounds.
Everest Fleet has raised $62.1M in total across 3 funding rounds.
Everest Fleet's investors include Axis Bank, Ruchica Tomar.
Everest Fleet has raised $62.1M across 3 funding rounds. Most recently, it raised $30.1M Series C in September 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 24, 2024 | $30.1M Series C | ||
| Jan 10, 2024 | $12.0M Debt | Axis Bank | |
| Jun 14, 2023 | $20.0M Other Equity | Ruchica Tomar |