Everest Fleet funding, investors and company details

Everest Fleet is an emerging Online Service Provider startup from Mumbai, working in the space of Operations involve procuring cars, deploying them on aggregator platforms, managing a 20,000+ driver base with training and support, and transitioning to eco-friendly CNG and EV fleets for su. Founded by Siddharth Ladsariya, Prihaans Dedhiya, Apurav Mahajan, Shivang Unadkat, Himani Ladsariya, Monil Sheth, Sidarth Vohra, Anand Chheda, Amar Kerkar.

Company: Everest Fleet Private Limited
Sector: Online Service Provider
Location: Mumbai
Founders: Siddharth Ladsariya, Prihaans Dedhiya, Apurav Mahajan, Shivang Unadkat, Himani Ladsariya, Monil Sheth, Sidarth Vohra, Anand Chheda, Amar Kerkar
Total funding raised: ₹465.46 Cr

Company overview

Everest Fleet functions as India's largest fleet management company, primarily partnering with Uber to operate over 18,500 vehicles across seven metro cities including Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Pune, and Kolkata. Core operations involve procuring cars, deploying them on aggregator platforms, managing a 20,000+ driver base with training and support, and transitioning to eco-friendly CNG and EV fleets for sustainable mobility. Expansion includes logistics with refrigerated vans for perishables, employee transportation, and intercity rides to diversify revenue streams.

Funding rounds

Latest round (Series C): $ 30.00 Mn (₹251.28 Cr.), 2024-09-19. Investors: Uber
Past round: ₹50.00 Cr. ($ 6.02 Mn), 2023-09-22. Investors: Paragon Partners
Past round: $ 20.00 Mn (₹164.18 Cr.), 2023-06-14. Investors: Uber