Source: Uber leads $20M round in Indiaโs Everest Fleet for EV expansion
Summary
Uber led a $20m funding round into Everest Fleet, a fleet management company based in Mumbai, which will be used to accelerate the transition of 10,000 vehicles on rideshare platforms in India to electric by 2026, with the ultimate aim of boosting EV asset utilisation.
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Source: Lee Fixelโs Addition raising $1.5 billion for its fifth fund in four years
Summary
Lee Fixelโs Addition plans to raise a fifth fund of $1.5 billion, despite market slowdown. Fixelโs Addition has previously amassed large amounts of capital, including $1.3 billion from its previous funds.
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