Company Name : AHA Taxis
Funding Amount :
Investor(s) ah! Ventures . .
Funding Round : Angel round
AHA Taxis, an online aggregator for outstation travel has raised an undisclosed round of angel funding from ah! Ventures.
The deal was solely advised and syndicated by ah! Ventures and led to closure on its private equity investment platform, CLUBah.com.
AHA Taxis was founded in April 2015 by Amit Grover (ex-Infosys, Asian Paints, Onida, IIT-IIM alumnus), along with Praveen Samariya (ex-Times Internet, IIT alumnus), Kunal Krishna(ex-Headstrong, Copper Mobile), Kumar Arayan (ex-Swiggy, Askmebazar, NIIT) and Shivam Mishra (ex-Crazzy, college dropout).
AHA Taxis provides service in 100+ cities currently and is expanding to another 100 cities by mid-2016.
Amit Grover, Founder, AHA Taxis, explains, “Very few of the present cab provider offers intercity ride, “AHA” being one of them. Having said that, the primary problem with a regular cab is that you get charged for the return trip too. Here, “AHA Taxis” takes the lead by providing you the taxi and charging you only for the actual kilometres travelled. We are aggregating demand and supply using website and mobile app to make it a win-win situation for all stakeholders – taxi owners, customers, society and environment.”
The company plans to use the funds raised by investing equally in technology, marketing and operations. The company claims that currently it is clocking almost 100% month on month growth on all metrics, and aim to achieve 10x growth within a year.
AHA Taxis plan to expand to newer geographies, with a focus on tier 2/3 towns, and start coverage of non-tourism sector beyond usual routes like Delhi to Jaipur, Agra, Haridwar and Chandigarh.