Everest Fleet, a leading Tech enabled fleet supplier, has successfully closed a US $20 million (Rs 164 crore) funding round led by Uber, the ridesharing company. Everest fleet operates in the shared mobility space in India and is an existing partner to leading ridesharing companies like Uber and Ola.
The funding will enable Everest Fleet to expand its operations and grow the overall supply pool available for the ridesharing industry where demand continues to outstrip vehicle supply.
