Everest Fleet Raises Rs 251.7 Crore Series C Funding Led by Uber

Everest Fleet, one of the prominent names in the mobility startup space has managed to raise Rs 251.7 crore (approximately $30 million) in its Series C funding round, with ride-hailing giant Uber emerging as a key investor for the second time. The regulatory filings accessed from the Registrar of Companies (RoC) reveal that the board at Everest Fleet sanctioned the issuance of 13,726 Series C preference shares to garner the aforementioned investment amount, which should speak well for the company’s strategic growth trajectory and investor confidence.