The Tamil Nadu Urimai Kural Driver Trader Union, a group representing 2,250 drivers in the southern state, filed a petition on July 16 to join the case, arguing that any decision that asks the drivers to apply for and get a commercial endorsement from the regional transport offices would “render such cab drivers unworkable and inoperative”.
Arka Credit Fund I makes NCD investment in shared mobility company Everest Fleet financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Everest plans to use the funds to expand its footprint to other Indian cities and new global territories. The investment comes in the backdrop of Uber's expansion into electric vehicle (EV) services.