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Everest Fleet raised $30 million in its Series C funding round led by Uber to cover general operating expenses and business expansion.

PRIVATESep 20, 2024

Amount Raised

$30 Million

Round Type

Series C

ThaneTransportationAutomotiveFleet Management

Investors

International Finance CorporationUber

Description

Mobility startup Everest Fleet has raised approximately $30 million in its Series C funding round, with Uber participating for the second time. The funds will be used for general operating expenses, working capital, capital expenditures, and business expansion.

Quick answer

Everest Fleet raised $30 Million in a Series C round, dated September 20, 2024. Investors: International Finance Corporation and Uber. Everest Fleet is based in Thane, Maharashtra, India.

How much did Everest Fleet raise?
Everest Fleet raised $30 Million in a Series C round on September 20, 2024.
Who invested in Everest Fleet?
International Finance Corporation and Uber are named as investors in this round.
What does Everest Fleet do?
Everest Fleet Pvt Ltd is a fleet management company founded in Oct 2016.
Where is Everest Fleet based and how big is it?
Everest Fleet is based in Thane, Maharashtra, India.
Who are the decision-makers at Everest Fleet?
Fundz holds 1 contact at Everest Fleet. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as Everest Fleet that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • Automoto raised $12M (Pre-Seed) on October 21, 2024.
  • Hala Mobility raised $6.1M (Pre-Series A) on November 4, 2024.
  • Beta Technologies raised $318M (Series C) on October 31, 2024.
  • RideFlux raised $1.9M (Series B) on October 31, 2024.
  • Blacklane raised $65M (Series G) on October 28, 2024.

Who to call at Everest Fleet, and when

A new round usually means Everest Fleet is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Everest Fleet

Location

Thane, Maharashtra, India

About

Everest Fleet Pvt Ltd is a fleet management company founded in Oct 2016. We have around 10,000+ cars running on UBER in Mumbai, Delhi, Bengaluru, Hyderabad, Pune, Kolkata & Chennai. We are one of the leading players in the fleet market. VISION To be the undisputed industry leader in fleet management and generating employment while continuing to provide the highest quality of service and support. MISSION To ease daily commute and enhance the experience of riding by ensuring efficiency across the channels. We are passionate about what we do and are willing to take that extra mile to deliver the best. We take the responsibility of our team to do their job respectfully while generating equal opportunities for them. We create a competitive atmosphere and recognize them on their performance, thereby continuously motivating the team and creating sense of belonging towards the company. We aim to impact the lives of the drivers in a significant sustainable manner for them to earn a respectable income for their families.

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Everest Fleet raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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