[Update] Everest Fleet Raises $30 Mn From Uber In Series C Funding

[Update] Everest Fleet Raises $30 Mn From Uber In Series C Funding

SUMMARY

Everest Fleet’s board approved issuance of 13,726 Series C CCPS to Uber India to raise INR 251 Cr

The startup plans to utilise the fresh funds to expand its business operations and meet its working capital requirements

Founded in 2016, Everest Fleet operates a fleet of over 18,000 green fuel (CNG and EV) cars, alongside 180 refrigerated vans to deliver perishable items across Bengaluru, Delhi, Mumbai, among others

Update | September 20, 3:05 PM

Mumbai-based fleet management startup Everest Fleet has raised $30 Mn (INR 250.7 Cr) as part of its ongoing Series C funding round from existing investor and ride-hailing major Uber.

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