Axis Bank Backs Everest Fleet With INR 100 Cr Loan To Accelerate Electric Mobility In India
![](https://everestfleet.com/wp-content/uploads/2024/05/EV-adoption-in-India-ftr-760x570-2.jpg)
Axis Bank has extended a loan of INR 100 Cr ($12.1 Mn) to Everest Fleet for four years along with GuarantCo, a local-currency credit solution company, part of the Private Infrastructure Development Group (PIDG) as its guarantor. Founded in 2016 by Siddharth Ladsariya, Everest Fleet will utilise the funds to add more electric vehicles (EVs) […]