Uber To Invest $20 Mn In Fleet Management Startup Everest Fleet

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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 expand the business operations

This marks Uber’s second investment in the startup in less than a year after investing $30 Mn in the startup’s Series C round in September 2024

Ride-hailing major Uber is set to infuse $20 Mn (about INR 177 Cr) in the fleet management platform Everest…



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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 expand the business operations

This marks Uber’s second investment in the startup in less than a year after investing $30 Mn in the startup’s Series C round in September 2024

Ride-hailing major Uber is set to infuse $20 Mn (about INR 177 Cr) in the fleet management platform Everest…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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