#31 How Uber really works, it's not what you think... | Everest Fleet | Ft. Siddharth Ladsariya
In this episode, we have covered Siddharth Ladsariya's entrepreneurial story, starting from his early life and family business to the inception of the Everest Fleet, operating a fleet of cars in Uber. Siddharth sheds light on the intricacies of Everest Fleet's business model, involving drivers and ride aggregators, and shares how the company scaled from under 1,000 cars in 2020 to an impressive 15,000+ cars currently across 7 cities.
The conversation also delves into the economic advantages of electric vehicle (EV) fleets, potential cost reductions for consumers, and how the shift is imminent going forward. Siddharth also discusses his recent meeting with Mr Nitin Gadkari (the Minister of Roads and Transportation), raising a $20 million funding round led by Uber, and provides insights into his extensive angel investing journey (170+ to be precise).
Chapters
0:10 Introduction
2:21 Everest fleet’s business model
5:21 Challenges of running this business
7:07 Electric Vehicle shift
10:02 Current charging infrastructure
10:55 Working with Uber
11:45 Raising $20 Million led by Uber
13:40 Meeting Nitin Gadkari
14:37 Angel Investing in 170+ companies
17:11 Advice for Entrepreneurs
19:03 What is Success for you?
To connect on social media:
Instagram- / siddhant_bhandari
Twitter- https://twitter.com/siddhant_555?lang=en
Linkedin- / siddhant-bhandari-901ab1b6