WEBSITE: https://everestfleet.com/

SECTOR: Logistics

DATE OF INVESTMENT: September 2023

STATUS: Active

Founded in 2018, Everest Fleet Private Limited is the largest end-to-end vehicle fleet provider for ride-hailing platforms such as Uber and Ola which provides standardized well-maintained fleet of cars to ride-hailing platforms and manages both cars and drivers.

Services include aspects of fulfilling supply for ride hailing players such as buying, plying and maintaining quality registered vehicles, recruiting and managing drivers, and ensuring adequate fleet availability for passengers.

Operating on a hybrid financing model and driven by strong execution capabilities and client servicing, it has a demonstrated track record of robust operating performance, with a fleet size of over 20,000 cars.