{"id":857580,"date":"2024-09-20T08:07:08","date_gmt":"2024-09-20T02:37:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=857580"},"modified":"2024-09-20T08:09:36","modified_gmt":"2024-09-20T02:39:36","slug":"uber-injects-30-million-in-everest-fleet-at-425-million-valuation","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/20\/uber-injects-30-million-in-everest-fleet-at-425-million-valuation\/","title":{"rendered":"Uber injects $30 million in Everest Fleet at $425 million valuation"},"content":{"rendered":"<p>Uber has invested approximately $30 million in Everest Fleet, a Mumbai-based fleet operator startup, as part of its Series C funding round, which values the company at $425 million, according to data from TheKredible. <\/p>\n<p>Regulatory filings with the Registrar of Companies (RoC) reveal that Everest Fleet\u2019s board has approved the issuance of 13,726 Series C preference shares as part of this investment. This marks Uber\u2019s second investment in Everest Fleet, a company that manages cab fleets for ride-hailing platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uber has invested approximately $30 million in Everest Fleet, a Mumbai-based fleet operator startup, as part of its Series C funding round, which values the company at $425 million, according to data from TheKredible. Regulatory filings with the Registrar of Companies (RoC) reveal that Everest Fleet\u2019s board has approved the issuance of 13,726 Series C preference shares as part of this investment. This marks Uber\u2019s second investment in Everest Fleet, a company that manages cab fleets for ride-hailing platforms.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-857580","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/857580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=857580"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/857580\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=857580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=857580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=857580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}