| Date | Title | Description |
| 07.11.2025 | Uber To Invest $20 Mn In Fleet Management Startup Everest Fleet | SUMMARY
Uber is set to infuse $20 Mn (about INR 177 Cr) in the fleet management platform Everest Fleet
Everest Fleet plans to deploy the fresh capital to meet general operating needs, working capital requirements, capital expenditure and to... |
| 14.10.2025 | Artha India Ventures secures first close of Rs 250 crore for micro-VC fund | Synopsis
This second micro-VC fund of the family office will invest in 36 seed-stage startups across premium consumption, fintech infrastructure, applied AI, and deep tech.
AgenciesAnirudh A Damani, founder, Artha India Venture
Artha India ... |
| 18.06.2025 | Institutional Investors Bet Big on Scalable Climate Solutions India's clean-tech and EV investment landscape is rapidly evolving, from strong early stage funding to a deep focus on commercial scale an... | India's clean-tech and EV investment landscape is rapidly evolving, from strong early stage funding to a deep focus on commercial scale and infrastructure, backed by robust frameworks, investors are not financing end-to-end solutions.
Accor... |
| 01.01.2025 | Mahindra Electric's Investment Journey: A Shift in Strategy | The electric vehicle (EV) landscape is shifting. Mahindra Electric Automobile Limited (MEAL) is at the heart of this transformation. Recently, British International Investment (BII) made headlines by trimming its investment commitment to ME... |
| 31.12.2024 | BII trims investment commitment to M&M’s EV arm, extends timeline | Credit: Reuters
British International Investment (BII) has trimmed its investment commitment to Mahindra Electric Automobile Limited (MEAL) and once again extended the timeline for buying more stake in the subsidiary of Mahindra & Mahin... |
| 04.12.2024 | British International Investment Fuels India's Electric Vehicle Revolution | The electric vehicle (EV) landscape in India is buzzing with energy. British International Investment (BII), the UK’s development finance institution, is at the forefront of this transformation. With a recent commitment of $33.5 million, BI... |
| 04.12.2024 | BII backs Everest Fleet, TI Clean as India EV commitments top $300 mn | Srini Nagarajan, MD and Head of Asia, BII
British International Investment (BII), the UK-backed development finance body, announced investments worth $33.5 million (Rs 280 crore) into three companies in India’s electric vehicle sector.
Thes... |
| 03.12.2024 | British International Investment to invest $33.5M in Indian EV startups | British International Investment (BII), the UK’s development finance institution, has made investment commitments totalling $33.5 million in India’s electric vehicle (EV) sector.
The commitments comprise $15 million in debt financing to Eve... |
| 30.09.2024 | Titan Capital launches Indicorns index showcasing profitable startups | Titan Capital has launched Indicorns, a new index that highlights profitable startups with over Rs 100 crore in revenue. This initiative underscores the rising trend of self-sustaining businesses in India, demonstrating that startups can ac... |
| 30.09.2024 | Axis Bank extends ₹100 crore guarantee to Muthoot Capital | Axis Bank, in partnership with GuarantCo - part of the Private Infrastructure Development Group (PIDG) - has extended a ₹100 crore (about $12 million equivalent) guarantee to enable Muthoot Capital to on-lend to customers in rural and non-m... |
| 24.09.2024 | The AI Revolution: Insights from Alibaba’s Apsara Conference 2024 | The Apsara Conference 2024, held in September, was a showcase of the future. Nearly 300 companies gathered to unveil close to 1,000 new AI products. The atmosphere buzzed with innovation. Two trends emerged as clear frontrunners: multimodal... |
| 24.09.2024 | Everest Fleet received $30 M from Uber at $425 M valuation | Global ride-hailing behemoth Uber has contributed Rs 251.7 crore (roughly $30 million) to mobility startup Everest Fleet’s Series C round of funding. This is Uber’s second investment in the business, which runs the platform’s fleet of taxis... |
| 23.09.2024 | Deals in brief: ExceedData secures pre-Series B financing, Healius sells Lumus Imaging, India sees flurry of funding deals, and more | China’s ExceedData secures pre-Series B financing
ExceedData, a Chinese company specializing in vehicle-cloud data platforms, has wrapped up its pre-Series B round of financing, raising an eight-figure RMB sum. The round was led by BAIC Cap... |
| 21.09.2024 | The Rise of Fintech and Fleet Operators: A New Era of Investment in India | In the bustling landscape of Indian startups, two companies have recently captured the spotlight: Everest Fleet and M2P Fintech. Both are on the brink of significant milestones, attracting hefty investments that signal a robust confidence i... |
| 20.09.2024 | Everest Fleet Secures USD 30 Mn in Series C Funding from Uber to Boost Clean-Energy Fleet Expansion The capital injection will enable Everest Fleet to scale its operations and expand its fleet of clea... | Mumbai-based Everest Fleet, a leader in the shared mobility space, has secured USD 30 million in Series C funding from Uber, further solidifying its position in India's evolving transportation landscape.
The capital injection will enable Ev... |
| 20.09.2024 | Everest Fleet raises $30M in Series C funding
Recommended Stories For You | Fleet management company Everest Fleet has raised Rs 251.7 crore ($30 million) in Series C funding from US-based ride hailing platform Uber, according to a Registrar of Companies filing.
The company’s board passed a resolution to issue 13... |
| 20.09.2024 | Fleet operator Everest Fleet raises $30 million from Uber India | ETtechSiddharth Ladsariya, founder, Everest Fleet
Mumbai-based fleet operator Everest Fleet has raised $30 million as part of its ongoing $50 million Series C funding round led by the Indian arm of ride-hailing major Uber.
Read More News on... |
| 19.09.2024 | Everest Fleet Raises INR 251 Cr From Uber To Expand Operations | 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 20... |
| 14.06.2023 | Everest Fleet Raises $20 Million Funding Led By Uber The funding will enable Everest Fleet to expand its operations and grow the overall supply pool available for the ridesharing industry where demand... | - |
| 14.06.2023 | Uber leads new $20 million funding round in Mumbai-based Everest Fleet | ETtechSiddharth Ladsariya, cofounder, Everest Fleet
Ride-hailing company Uber has led a $20 million funding round in Mumbai-based fleet operator Everest Fleet, people aware of the matter told ET.
The funding is Uber’s first inorganic invest... |
| 14.06.2023 | Uber leads $20M round in India’s Everest Fleet for EV expansion | Uber has led a $20 million round into Everest Fleet, a Mumbai-based fleet management company that boasts over 10,000 vehicles running on rideshare platforms Uber and Ola throughout India. The company will use the funds to accelerate its tra... |
| 14.06.2023 | Uber Leads $20 Million Funding Round in Mumbai-based Everest Fleet | Cab aggregator giant Uber has taken the lead in a recent funding round worth $20 million for Everest Fleet, a fleet operator based in Mumbai.
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Furthermore, state governments are indirectly encouraging cab aggregators to adopt ... |
| - | Everest Fleet | “Everest Fleet” |
| - | Uber leads $20M investment in Everest Fleet | Mumbai-based fleet supplier Everest Fleet has closed a $20 million funding round led by ride-hailing platform Uber.
With this investment, Everest plans to expand its footprint to other major Indian cities and new global territories, the... |
| - | Paragon Partners backs Everest Fleet with a Rs 50 Cr growth investment
Recommended Stories For You | Private equity firm Paragon Partners has invested Rs 50 crore in Everest Fleet which will be deployed to accelerate the fleet management provider's growth and expansion into new markets.
The startup provides a ride-hailing platform with a s... |
| - | Funding News
Everest Fleet Secures USD 30 Mn in Series C Funding from Uber to Boost Clean-Energy Fleet Expansion | - |
| - | Everest Fleet | “0 L+ Trips 0 Cities 0 M+ KMS 0 + Cars Founded in 2016 Building sustainable earning opportunities for driver partners About Us Leading Fleet Management Company in India Everest Fleet operates in the shared mobility space in India. We curren... |
