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Everest Fleet

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Everest Fleet Pvt Ltd is a fleet management company.

Mumbai, IndiaFounded 2016Transportation

Valuation $250–500M Last recorded · 2025

Headcount 1–2k Current team size

Total funding $50–100M Disclosed equity funding

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About Everest Fleet

Everest Fleet is a fleet management company that operates in the B2B shared mobility sector in India. The company manages a fleet of over 18,500 cars, partnering with major ride-hailing platforms like Uber and Ola across seven metropolitan areas.

Everest Fleet's business model is centered on providing and managing vehicles for these platforms, ensuring a steady supply of cars for their ride-sharing services. This B2B approach means their clients are the ride-hailing companies themselves, not the end-users or drivers. The company's revenue is generated through the fees charged for managing these fleets. In addition to ride-hailing, Everest Fleet is expanding its services into the logistics and supply chain sector, offering sustainable mobility solutions for transporting goods such as food, medicine, and groceries.

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At a glance

Status: Operational
Founded: 2016
Headquarters: Mumbai, India
Employees: 1,302
Open positions: None listed
Dealroom signal: 84.8/100
Industry: Transportation
Sector: Transportation
Client focus: b2b
Investment activity: 1 company, latest Dec 2022
Capital deployed: —
Preferred round: DEBT
Links: Website LinkedIn

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VCOther financing	Nov 2025	$20M	$425M	Uber	↗
SERIES COther financing	Sep 2024	$30M	$425M	Uber	↗

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Growth signals

Everest Fleet website traffic

Latest recorded traffic for Everest Fleet is 79K monthly website visits, up 5.3% over the last three months. Everest Fleet's team grew 7.6% over the past year.

Latest monthly visits79K 3-month web change+5.3% 1-year team growth+7.6%

Monthly website visitsOct 2020–Jul 2026

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