About Everest Fleet
Everest Fleet is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2016 by Sidarth Vohra, Siddharth Ladsariya, Monil Sheth, Apurav Mahajan, Anand Chheda, Prihaans Dedhiya, Amar Kerkar, Himani Ladsariya, and Shivang Unadkat. Everest Fleet has raised $84.35 million across 10 funding rounds from investors including Uber, Axis Bank and InCred Capital. Everest Fleet was last valued at $421.07 million in September 2024. Its chief executive, as recorded, is Siddharth Ladsariya. Its website everestfleet.com draws about 15 thousand monthly visits. Its Indian entity Everest Fleet Private Limited reported revenue of ₹958 Cr. Its focus areas include Consumer, Road Transport Tech, Fleet Management and End to End.
Company details
Platform offering fleet management services for taxis, goods, and drivers. It oversees thousands of vehicles across major Indian metros under app-based aggregator platforms, offering services such as ride bookings, refrigerated logistics, inter-city transit, and driver livelihood programs. The company supports entrepreneurship for drivers, enhances vehicle utilization, and promotes green mobility through adoption of CNG and EV fleets.
- Headquarters Mumbai, India
- Founders Sidarth Vohra, Siddharth Ladsariya, Monil Sheth, Apurav Mahajan, Anand Chheda, Prihaans Dedhiya, Amar Kerkar, Himani Ladsariya, Shivang Unadkat
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website category Finance · Accounting and Auditing
- Email••••••••
- Phone•••• ••••
- Website everestfleet.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Everest Fleet Private Limited
- Date of Incorporation 31 Oct, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹958 Cr
FY 2024 · +125% YoY
- Net Profit₹37.94 Cr
FY 2024 · 4% margin
- EBITDA₹138 Cr
FY 2024 · 13% margin
- Total Equity Funding$84.35M (USD)
in 10 rounds
- Latest Funding Round$20.02M (USD), Series C
Nov 2025
- InvestorsUber
& 76 more
Associated legal entities of Everest Fleet
Everest Fleet is associated with 5 registered companies on The Company Check; the primary company is Everest Fleet Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Everest Fleet Private Limited CIN U63090MH2018PTC316634 | Active | 31 Oct 2018 | Mumbai, Maharashtra | ₹958 Cr | 1,416 | 7 | View details |
| Everest Fleet North Private Limited CIN U60200DL2021PTC376761 | Active | 09 Feb 2021 | Delhi, Delhi | ₹126 Cr | 144 | 2 | View details |
| Egt Rent A Car Private Limited CIN U63032MH2021PTC373210 | Active | 13 Dec 2021 | Mumbai, Maharashtra | ₹43.8 Cr | 2 | View details | |
| Egf Tech Private Limited CIN U72900MH2021PTC370708 | Active | 01 Nov 2021 | Mumbai, Maharashtra | 2 | View details | ||
| Et Fleet Private Limited CIN U63030MH2022PTC375789 | Active | 01 Feb 2022 | Mumbai, Maharashtra | ₹7.0 Cr | 2 | View details |
Apps and channels of Everest Fleet
its YouTube channel Everest Fleet has 4K subscribers and 30 videos.
Videos from Everest Fleet
The most watched videos on Everest Fleet's YouTube channel, Everest Fleet (4K subscribers). Click a video to play it here.
More on Everest Fleet.
Funding Insights of Everest Fleet
Everest Fleet has successfully raised a total of $84.35M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $20.02 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $84.35M
- Total Rounds 10
- Last Round Series C — $20.02M
- First Round $1.1M
(Sep 2019)
- Investors Count 77
All 10 funding rounds of Everest Fleet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $20.02M | Series C | – | Uber | – |
| Nov 2024 | $14.18M | Debt – Conventional | – | – | |
| Sep 2024 | $30.03M | Series C | $421.07M | Uber | – |
| Jan 2024 | $12.1M | Debt – Conventional | – | – | |
| Sep 2023 | $6.01M | Series B | $217.2M | Paragon Partners | – |
| Aug 2023 | Debt – Conventional | – | – | – | |
| May 2023 | $20M | Series B | $••••• | Uber | |
| May 2022 | $5.82M | Series A | $••••• | Mukul Agrawal, Mukul Mahavir Agrawal | |
| Jan 2022 | $1.37M | Series A | $••••• | Mukul Agrawal, Mukul Mahavir Agrawal | |
| Sep 2019 | $1.1M | Seed | $••••• | Artha Venture Fund, Rockstud Capital |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2024 | $421.07M | •••••••• |
| Sep 2023 | $217.2M | •••••••• |
| May 2023 | $••••• | •••••••• |
| May 2022 | $••••• | •••••••• |
| Jan 2022 | $••••• | •••••••• |
| Sep 2019 | $••••• | •••••••• |
Full valuation and stage history of Everest Fleet
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $421.07M (Sep 2024). 77 investors in total: 32 institutional and 45 angel.
Investors in Everest Fleet
Everest Fleet has secured backing from 77 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Uber, Axis Bank and InCred Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A leading Indian mid-market private equity firm is operated. | 2015 | paragonpartners.in | Mumbai, India | |
Private equity firm focused on multiple sectors | prasunexponentials.tcc.mode | Mumbai, India | ||
Early-stage investments are targeted by Hreyansh Patni venture capital firm. | hreyanshpatni.tcc.mode | |||
Private debt firm | 2016 | incredcapital.com | Mumbai, India | |
Single family office and private equity firm focused on multiple sectors | amaya.ventures | Singapore, Singapore | ||
Venture capital investments in Indian startups across various sectors. | 2017 | artha.vc | Mumbai, India | |
Private equity firm focused on multiple sectors | sndamanirealtyinvestor.tcc.mode | Chennai, India | ||
Investment management, venture capital, and portfolio services focused on startups and equities in India. | 2017 | rockstudcap.com | Mumbai, India | |
| bii.co.uk | ||||
An online platform providing ride-hailing and food delivery services | 2009 | uber.com | San Francisco, United States |
Investor details for Everest Fleet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Everest Fleet Private Limited (Everest Fleet)
Everest Fleet Private Limited is the primary company behind Everest Fleet. The boards of the 5 registered companies of Everest Fleet currently have 7 directors; the longest-serving is Siddharth Anand Ladsariya, appointed in 2021. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Siddharth Anand Ladsariya DIN 08186311 | Director | 09 Feb 2021 | 5 yrs 8 mo | Everest Fleet North Private Limited, Egt Rent A Car Private Limited, Everest Fleet Private Limited, Et Fleet Private Limited |
| Apurav Mahajan DIN 09059976 | Director | 09 Feb 2021 | 5 yrs 8 mo | Everest Fleet North Private Limited, Everest Fleet Private Limited |
| Prihans Malay Dedhiya DIN 06661678 | Director | 13 Dec 2021 | 4 yrs 10 mo | Egt Rent A Car Private Limited, Everest Fleet Private Limited, Egf Tech Private Limited, Et Fleet Private Limited |
| Sekhar Shivashailendran DIN 10195100 | Nominee Director | 08 Jun 2023 | 3 yrs 4 mo | Everest Fleet Private Limited |
| Sumeet Singh Nindrajog DIN 00182873 | Nominee Director | 08 Sep 2023 | 3 yrs 1 mo | Everest Fleet Private Limited |
| Saranya Mukul Agrawal DIN 09682018 | Nominee Director | 21 Nov 2024 | 1 yr 11 mo | Everest Fleet Private Limited |
| Anand Khushal Chheda DIN 09384298 | Additional Director | 21 Nov 2024 | 1 yr 11 mo | Everest Fleet Private Limited, Egf Tech Private Limited |
People of Everest Fleet
9 people are tracked at Everest Fleet (9 in leadership).
| Name | Role | Group |
|---|---|---|
Sidarth Vohra | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Monil Sheth | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Prihaans Dedhiya | Co-Founder | Leadership |
Amar Kerkar | Co-Founder | Leadership |
Himani Ladsariya | Co-Founder & CTO | Leadership |
Shivang Unadkat | Co-Founder | Leadership |
Complete people profiles for Everest Fleet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Everest Fleet
Figures of Everest Fleet Private Limited, the primary company behind Everest Fleet, for FY 2024. Revenue was ₹958 Cr (+125% year on year). Net profit was ₹37.94 Cr (4% margin). EBITDA was ₹138 Cr (13% margin). Revenue has grown at a compounded annual rate of +207% over three years and +223% over five years.
- ₹958 CrRevenue · FY 2024 · +125% YoY
- ₹37.94 CrNet profit · 4% margin
- ₹138 CrEBITDA · 13% margin
- ₹2 LakhPaid-up capital
- 1,416Employees (provident fund records)
- +207%Revenue CAGR, 3 years
- +223%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Everest Fleet Private Limited are on its company page.
Detailed financial statements for Everest Fleet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Everest Fleet
4 dated milestones of Everest Fleet across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Everest Fleet is founded.
- Funding First funding round of $1.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $20.0M.
Web traffic of Everest Fleet
The website of Everest Fleet (everestfleet.com) receives about 15.2K visits a month and ranks #2,252,433 among all websites worldwide, #5,257 in Accounting and Auditing.
- Monthly visits15.2K
▲ 59% vs previous month
- Unique visitors4.6K
per month
- Global rank#2,252,433
among all websites
- Category rank#5,257
Finance · Accounting and Auditing
- Bounce rate54%
- Pages per visit1.9
- Average visit46 sec
- DevicesDesktop 16% · Mobile 84%
Websites whose visitors overlap most with Everest Fleet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| artha.vc | 100% | 7.4K | #2,488,095 | View details | |
| servotech.in | 97% | 35K | #855,193 | View details | |
| thearcweb.com | 97% | 49K | #528,591 | View details | |
| indianstartupnews.com | 97% | 353.8K | #136,006 | View details | |
| outlookbusiness.com | 97% | #118,679 | View details |
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Everest Fleet (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Everest Fleet
Complete news archive for Everest Fleet
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Frequently Asked Questions about Everest Fleet
Everest Fleet was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Everest Fleet is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Siddharth Ladsariya is the CEO of Everest Fleet, as recorded in our data. They have also founded this company.
Everest Fleet is a funded company, having raised a total of $84.35M across 10 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Sep 2019.
The primary company behind Everest Fleet, Everest Fleet Private Limited, reported revenue of ₹958 Cr for FY 2024, up 125% year on year.
Platform offering fleet management services for taxis, goods, and drivers. It oversees thousands of vehicles across major Indian metros under app-based aggregator platforms, offering services such as ride bookings, refrigerated logistics, inter-city transit, and driver livelihood programs. The company supports entrepreneurship for drivers, enhances vehicle utilization, and promotes green mobility through adoption of CNG and EV fleets.
Everest Fleet has 77 investors. Key investors include Uber, Axis Bank, InCred Capital, Spark Capital, and Paragon Partners.
The valuation of Everest Fleet is $421.07M as of Sep 2024.
Everest Fleet is associated with 5 legal entities: Everest Fleet Private Limited, Everest Fleet North Private Limited, Egt Rent A Car Private Limited and others.
The legal entities of Everest Fleet currently have 7 directors, including Siddharth Anand Ladsariya, Apurav Mahajan, Prihans Malay Dedhiya and others.