Cab Aggregator Aha Taxis Raises Pre-series A Funding to Expand Its Operations Across India

The company plans to utilize the funds in technology and for further expansion of Aha Taxis operations in various other parts of the country including Bihar, Jharkhand and pilgrimage destinations in India.

The leading outstation cab aggregator start-up AHA Taxis, a Noida-based company that operates the AHA Taxis, A cab aggregator for outstation trips, with an online booking system has announced a fresh round of pre-series A funding through Lead Angels and its investors ah! Ventures. The amount invested has not been disclosed.

The company plans to utilize the funds in technology and for further expansion of Aha Taxis operations in various other parts of the country including Bihar, Jharkhand and pilgrimage destinations in India.

The USP of AHA Taxis is they offer one-way fare for hiring taxis for outstation trips, whereas the trade norm used to be to charge the return fare.

AHA Taxis presently operates to 4000+ cities across the country and hopes to use the freshly received funds in further expanding territories. It has also to be recorded that in an industry where the failure rates have been very high and operators like Uber and Ola have been indulging in destructive practices in the market through their subsidized tariffs and other offerings,

AHA Taxis achieved BREAK EVEN with scale and reach to geographies where likes of UBER and OLA is not operating.It must, however, be clarified that while the other two are largely intra-city cab aggregators, AHA specializes in inter-city taxi services.

AHA Taxis was launched in 2015 by Amit Grover, Praveen Samariya, Kunal Krishna, Arayan Kummar Sharma and Shivam Mishra. Collectively, they have experience working with blue-chips like Infosys and Asian Paints, NIIT, Times Internet and startups like Swiggy and Crazzy.

The business revolves around better utilization of resources like cars and drivers time and providing affordable services to their customers. As mentioned, AHA Taxis claims they ensure their customers end up saving 45% to 50% of what they would have otherwise spent on a one-way trip between any pair of cities in India.

“Started with the vision of making outstation taxi booking easier and affordable for the masses, AHA Taxis has been positively changing the dynamics of outstation taxi market in India. With thousands of driver partners and pan India presence, we are now providing outstation taxis service in more than 4000 cities across India. Making it possible to travel from anywhere to anywhere in India with AHA Taxis isn't small achievement team, Probably we are the only taxi company in India to make it possible and in addition promise to offer oneway taxi service to any city We are building a solution which connects every city of India to another city with network of AHA Taxis oneway services,” Said CEO, Amit Grover.

“The challenges we solve for an Outstation taxi service is unique and different from local taxi services, while it’s easy to apply a surge in local taxi business model when the demand upraises. In outstation, we solve it by bringing the supply from low demand locations. We are working on algorithms to optimize reverse fill rates. Auto allocation; taxi routing, shortest path algo to control pricing and availability.With the help of machine learning, the system would be able to learn seasonal demand, price and supply relation, and predict upcoming demand from selected cities and routes. The technology must ease the life of Drivers and Customers both,” Said Praveen Samariya, CTO AHA Taxis.

The company is headquartered in Noida and operations in Mumbai, Bangalore, Chennai, Delhi, Hyderabad, Kerala, Pune, Jaipur and other 4000 such cities.AHA Taxis can be availed for Outstation Business Trips, Leisure Trips online using the website or Mobile app from as advanced as 180 days to just 2 hours prior to travel time.

Unlike other taxi services that charge return trip fare for one-way trips, the company only charge one-way fares. No return trip fare for one-way trips is team vision is to make outstation axis booking affordable and available for one and all.

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AHA Taxis Pre-series A Funding

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