Artha Venture sees 19x return with partial exit from Uber-backed Everest Fleet
Artha Venture has partially exited mobility startup Everest Fleet, yielding a 19x return and an initial rate of return of 105%.
Arka Credit Fund I makes Non-Convertible Debentures Investment in Everest Fleet
Arka Credit Fund I (ACF I), a Category II Alternative Investment Fund (AIF), has invested in the Non-Convertible Debentures (NCDs) of Everest Fleet,
Uber-backed Everest Fleet raises Rs 50 crore from Paragon Partners
The equity investment into Everest Fleet has come just a month after it raised an undisclosed amount of debt from mid-market
Everest Fleet raises $20 million in funding led by Uber, eyes EV expansion
The company, in a statement, said that the funding secured will enable it to expand its operations and increase the overall supply pool for the ride-sharing industry.
Everest Fleet raises Rs 164 crore funding led by Uber
Everest Fleet, a leading fleet supplier, has successfully closed a US $20 million (Rs 164 crore) funding round led by Uber, the ridesharing company.
Uber leads new $20 million funding round in Mumbai-based 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.
Uber Leads $20 Mn Funding Round In Mumbai-Based Everest Fleet
This funding round will accelerate Everest Fleet’s transition from CNG-dominated fleet to one which includes EV vehicles as well
Everest Fleet raises $20 million in funding round led by Uber
Fleet supplier Everest Fleet on Wednesday announced the closure of $20 million funding round led by Uber.
Everest Fleet Secures $20 Million Funding; Eyes Expanding EV Fleet
Everest Fleet, has raised $20M in funding led by Uber. The investment will drive their transition to electric vehicles
In the times of lockdown, rides for essential staff are a call away
Started as a pilot through a Whatsapp broadcast by a handful of people a couple of days ago, the Everest Fleet team received an overwhelming response of 1200 requests
Everest Fleet raises $20 million in funding round led by Uber
Fleet supplier Everest Fleet on Wednesday announced the closure of $20 million funding round led by Uber.
Everest Fleet Secures $20 Million Funding; Eyes Expanding EV Fleet
Everest Fleet, has raised $20M in funding led by Uber. The investment will drive their transition to electric vehicles
Future of Private Taxis post-Covid 19
People would ditch the benefits of the shared economy and prefer to travel in private, chauffeur-driven cars…
Mumbai firm starts cab service to ferry front-line workers
Everest Fleet’s ‘no profit’ operation to be free of cost for BPL commuters, travellers need to upload documents…
Coronavirus in Mumbai: City-based company offers free transport services
However, a minimum charge is taken from those working in private hospitals to bear the driver fees and fuel cost…
Amidst Covid-19 lockdown, a Mumbai-based startup is providing emergency rides in the city
As everything and everyone went off the roads, the coronavirus pandemic brought life to a standstill.
In the times of lockdown, rides for essential staff are a call away
Started as a pilot through a Whatsapp broadcast by a handful of people a couple of days ago, the Everest Fleet team received an overwhelming response of 1200 requests
THIS MUMBAI-BASED B2B FLEET MANAGEMENT STARTUP IS ENSURING SAFE COMMUTE FOR FRONTLINE WORKERS
Everest Fleet has started its B2C tech portal to offer safe commute facility to essential service providers, medical staff, and patients.
cab Services upbeat on post lockdown business
Hyderabad Rains: Four gates opened at Himayath Sagar
New Zealand mushroom species found in Asifabad forests
Articles
Axis Bank extends INR 1 billion loan to Everest Fleet under GuarantCo partnership for purchase of Electric Vehicles (EV) in India
Axis Bank, one of the leading private sector banks in India, in collaboration with GuarantCo, a part of the Private Infrastructure Development Group (PIDG), has extended INR 1 billion (c.
- January 10, 2024
Artha Venture Fund-I makes partial exit from Everest Fleet, clocks 19x return
The Mumbai-based company Everest Fleet has recently closed a $20 million funding round led by ride-hailing platform Uber. Artha Venture Fund (AVF), a Mumbai-based early-stage microVC, has made a partial
- October 5, 2023
Artha, Rockstud Exit Uber-Backed Everest Fleet With 18X+ Returns
Uber-backed fleet management startup Everest Fleet has seen two investors – Artha Venture Fund and Rockstud Capital – exit, days after securing funding from Uber and Paragon Ventures. While Rockstud
- October 4, 2023
Artha venture fund saw 19X return on partial exit from Everest fleet
Artha Venture Fund-I, a microVC firm, said it saw a 19x return on its partial exit from its investment in fleet management provider Everest Fleet. The selling of the fund’s
- October 4, 2023
Artha Venture fund achieves 19x return in partial exit from Everest fleet
Artha Venture Fund (AVF), a Mumbai-based early-stage microVC firm, has announced a partial exit from its investment in Everest Fleet, a fleet management company. The exit yielded a remarkable 19x return on
- October 4, 2023
Artha gets 19x yield on Everest Fleet exit
Mumbai: MicroVC firm Artha Venture Fund-I has clocked 19x return on its partial exit from its investment in Everest Fleet, a fleet management company. The fund bagged $2 million from its
- October 3, 2023
Uber-Backed Mobility Platform Everest Fleet Bags INR 50 Cr To Venture Into New Markets
Uber-backed fleet management startup Everest Fleet has raised INR 50 Cr ($6 Mn) in a strategic funding round from private equity firm Paragon Partners. The startup will utilise the capital
- September 21, 2023
Into New Markets: Everest Fleet Gets 50 Crore Boost from Paragon Partners
Paragon Partners, a foremost growth-oriented, mid-tier private equity fund, has made a substantial investment of Rs. 50 crores into Everest Fleet, the biggest fleet administration operator in India. The funds
- September 21, 2023
Uber backed Everest fleet raises fresh funding from pe-firm
Read More: Uber backed everest fleet raises fresh funding from pe-firm
- September 20, 2023
Arka Credit Fund I makes NCD investment in shared mobility company Everest Fleet
The company owns a fleet of more than 10,000 CNG and electric cars in seven cities running on ride-sharing platforms such as Ola and Uber and aims to increase it
- August 10, 2023
Everest Fleet’s Expansion Plan Gets Boost from Arka Credit Fund Investment
Arka Credit Fund I has recently disclosed its investment in the non-convertible debentures (NCDs) issued by Everest Fleet, a significant fleet supplier operating in India, with notable partnerships including Uber and
- August 10, 2023
Arka Credit Fund invests in Everest Fleet
Arka Credit Fund I said it has invested in the non-convertible debentures (NCDs) issued by Everest Fleet, a large fleet supplier in India that works with the likes of Uber
- August 10, 2023
Arka Credit Fund I makes NCD investment in shared mobility company Everest Fleet
The company owns a fleet of more than 10,000 CNG and electric cars in seven cities running on ride-sharing platforms such as Ola and Uber and aims to increase it
- August 10, 2023
Uber leads $20M investment in everest fleet
Everest plans to use the funds to expand its footprint to other Indian cities and new global territories. The investment comes in the backdrop of Uber’s expansion into electric vehicle
- June 24, 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
- June 14, 2023