About Hail Cabs
Hail Cabs is a company based in Hyderabad (India) founded in 2022 by Mujeeb Khan, Arbaaz Farooqi, and Harshvardhan Tiwari. Hail Cabs has raised $305.2 thousand across 2 funding rounds from investors including Ajaz Farooqi. The company has 1 employees as of April 03, 2024. Hail Cabs offers products and services including Hail Cabs App and Electric Cab Service. Hail Cabs operates in a competitive market with competitors including BluSmart, Snap-E Cabs, Evera Cabs, Eprakriti and Cab-eez, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 03 Apr, 2024
- Founders Mujeeb Khan, Arbaaz Farooqi, Harshvardhan Tiwari
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Axoir Internet Ventures Private Limited
- Date of Incorporation 31 Mar, 2022
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$305.2 K (USD)
in 2 rounds
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Latest Funding Round
$24.4 K (USD), Angel Round
Mar 08, 2023
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Investors
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Employee Count
1
as on Apr 03, 2024
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Products & Services of Hail Cabs
Hail Cabs offers a comprehensive portfolio of products and services, including Hail Cabs App and Electric Cab Service.
App for booking electric cabs with zero emission and cashless payments.
Offers eco-friendly rides with transparent pricing and no cancellations.
Funding Insights of Hail Cabs
Hail Cabs has successfully raised a total of $305.2K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $24.4 thousand completed in March 2023. 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 Angel Round — $24,400
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First Round
First Round
(27 Aug 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2023 | Amount | Angel Round - Hail Cabs | Valuation | Ajaz Farooqi |
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| Aug, 2022 | Amount | Angel Round - Hail Cabs | Valuation | Ajaz Farooqi |
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Investors in Hail Cabs
Hail Cabs has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Ajaz Farooqi.
| Investor | Description | Founded Year | Domain | Location |
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AF
Ajaz Farooqi |
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Founded Year | Domain | Location |
Investments & Acquisitions by Hail Cabs
Financial Statements - Hail Cabs
Hail Cabs Comparisons
Competitors of Hail Cabs
Hail Cabs 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 BluSmart, Snap-E Cabs, Evera Cabs, Eprakriti and Cab-eez, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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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 |
Electric cab services are provided via an app-based booking platform.
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| domain | founded_year | HQ Location |
Provider of an all-electric cab service
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| domain | founded_year | HQ Location |
Electric car rentals and charging stations are provided by Eprakriti.
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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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| domain | founded_year | HQ Location |
Electric taxi-hailing services are facilitated via a mobile app platform.
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Latest news on Hail Cabs
Frequently Asked Questions about Hail Cabs
Hail Cabs was founded in 2022.
Hail Cabs is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Harshvardhan Tiwari is the current CEO of Hail Cabs. They have also founded this company.
Hail Cabs is a funded company, having raised a total of $305.2K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $280.8K, raised on Aug 27, 2022.
As of Apr 03, 2024, the latest employee count at Hail Cabs is 1.
Hail Cabs was established in 2022 in Hyderabad, India, as an online platform focused on electric taxi bookings. Services are provided through a digital interface where locations, user information, payment options, and preferred dates are submitted by customers. Operations center on facilitating seamless ride arrangements in the urban mobility sector, with emphasis on sustainable electric vehicles. Key leadership includes co-founders handling CEO, COO, and CSO roles.
Hail Cabs's top competitors include BluSmart, Snap-E Cabs and Evera Cabs.
Hail Cabs offers Hail Cabs App and Electric Cab Service.
Hail Cabs has 1 investor. Key investors include Ajaz Farooqi.
The valuation of Hail Cabs is $3.35M as of Mar 2023.