About AhaTaxis
AhaTaxis is a company based in Kanpur (India) founded in 2015 by Praveen Samariya was acquired by EbixCash in December 2018.. AhaTaxis has raised $330.36 thousand across 2 funding rounds from investors including EbixCash, Lead Angels and Broadbean Capital. The company has 21 employees as of March 22, 2024. AhaTaxis operates in a competitive market with competitors including Uber, Savaari, BluSmart, Meru and Gozocabs, among others.
- Headquarter Kanpur, India
- Employees 21 as on 22 Mar, 2024
- Founders Praveen Samariya
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ebix Cabs Private Limited
- Date of Incorporation 22 May, 2015
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$1.09 M (USD)-11.12as on Mar 31, 2023
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Net Profit
$188.67 K (USD)-66.39as on Mar 31, 2023
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EBITDA
$287.47 K (USD)-56.58as on Mar 31, 2023
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Total Equity Funding
$330.36 K (USD)
in 2 rounds
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Latest Funding Round
$179.23 K (USD), Seed
Dec 23, 2016
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Investors
EbixCash
& 46 more
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Employee Count
21
as on Mar 22, 2024
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Acquired by
EbixCash
(Dec 06, 2018)
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Funding Insights of AhaTaxis
AhaTaxis has successfully raised a total of $330.36K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $179.23 thousand completed in December 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $179,227
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First Round
First Round
(08 Jan 2016)
- Investors Count 46
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Seed - AhaTaxis | Valuation | iPragmatech , Lead Angels | |
| Jan, 2016 | Amount | Seed - AhaTaxis | Valuation | Ramkumar Nagaiaswamy |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AhaTaxis
AhaTaxis has secured backing from 47 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include EbixCash, Lead Angels and Broadbean Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in high-growth startups and angel funding services in India.
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Founded Year | Domain | Location | |
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Tech focused seed & early stage micro VC firm investing in India
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Founded Year | Domain | Location | |
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Early-stage venture capital funding and support for startups in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AhaTaxis
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AhaTaxis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ahataxis Comparisons
Competitors of AhaTaxis
AhaTaxis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Uber, Savaari, BluSmart, Meru and Gozocabs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online platform providing ride-hailing and food delivery services
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| domain | founded_year | HQ Location |
App-based intercity ride-hailing aggregator
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| domain | founded_year | HQ Location |
Electric ride-hailing and cab services are provided via mobile app.
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| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Inter-city taxi bookings are enabled via a mobile app platform.
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| domain | founded_year | HQ Location |
Operator of a technology platform providing all-electric vehicle cab booking services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ahataxis
Frequently Asked Questions about AhaTaxis
When was AhaTaxis founded?
AhaTaxis was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is AhaTaxis located?
AhaTaxis is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.
Is AhaTaxis a funded company?
AhaTaxis is a funded company, having raised a total of $330.36K across 2 funding rounds to date. The company's 1st funding round was a Seed of $151.13K, raised on Jan 08, 2016.
How many employees does AhaTaxis have?
As of Mar 22, 2024, the latest employee count at AhaTaxis is 21.
What is the annual revenue of AhaTaxis?
Annual revenue of AhaTaxis is $1.09M as on Mar 31, 2023.
What does AhaTaxis do?
AhaTaxis allows customers to book one way cabs for outstation travel. Pricing based on number of kilometers traveled starting at INR 12 per km for economy taxis. Using its platform provide drivers with customers for return journey. Users can book a cab online, through mobile app or by call. Integrated PayPal for payments for international customers. Raised undisclosed round of angel funding from ah! ventures in Nov 2015.
Who are the top competitors of AhaTaxis?
Who are AhaTaxis's investors?
AhaTaxis has 47 investors. Key investors include EbixCash, Lead Angels, Broadbean Capital, iPragmatech, and Rosh Capital.
What is AhaTaxis's valuation?
The valuation of AhaTaxis is $2.21M as of Dec 2016.