Everest Fleet is a fleet management company of 800+ cars that run under Uber in Mumbai and Bengaluru. They are now one of the leading players in the fleet market in the short time since their establishment.
Siddharth founded Everest Fleet in 2016. He is an angel investor-turned-philanthropist and entrepreneur, with 100+ startups in his portfolio. He strongly believes in social causes and giving back to society.
Here’s what you can expect to learn in this episode
- How did growing up in an entrepreneurial family helped him learn about being a businessman every day, learning about the volatility and the highs and lows of running a business.
- Out of 100+ investments, which investment is his most memorable one? Why does he prefer investing in younger founders?
- A founder’s role should be to focus on growth and innovation rather than management. What is the importance of good delegation, and what qualities should a leader look for in his team?
- How did Siddharth figure out how to efficiently run the Everest Fleet cars 24×7, despite others believing it wasn’t possible? What are the benefits and drawbacks of this approach?
- How did Everest Fleet adapt to the effects of the COVID-19 lockdown in just 4 days? How did they convince their drivers, law enforcement, and their customers that they were ready to handle the situation?
- How did their response to COVID-19 essentially develop a new service line and open them up to a whole new customer base?
- Siddharth’s Book recommendations: Measure What Matters by John Doerr, and The 3G Way
Watch this episode