About Hail Cabs
Hail Cabs is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2022 by Mujeeb Khan, Arbaaz Farooqi, and Harshvardhan Tiwari. Electric taxis are booked via an online platform by users. Hail Cabs has raised $305.2 thousand across 2 funding rounds from investors including Ajaz Farooqi. The company has 1 employees. Hail Cabs was last valued at $3.35 million in March 2023. Its chief executive, as recorded, is Harshvardhan Tiwari. Its Indian entity Axoir Internet Ventures Private Limited reported revenue of ₹4.8 Lakh. Hail Cabs offers products and services including Hail Cabs App and Electric Cab Service. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its competitors include BluSmart, Snap-E Cabs and Evera Cabs; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Hyderabad, India
- Employees 1
- Founders Mujeeb Khan, Arbaaz Farooqi, Harshvardhan Tiwari
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website hailcabs.in
- Social LinkedIn X Facebook Instagram
- Legal Name Axoir Internet Ventures Private Limited
- Date of Incorporation 31 Mar, 2022
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹4.8 Lakh
FY 2023
- Net Loss-₹1.12 Cr
FY 2023 · -2323% margin
- EBITDA-₹1.06 Cr
FY 2023 · -2203% margin
- Total Equity Funding$305.2K (USD)
in 2 rounds
- Latest Funding Round$24.4K (USD), Angel Round
Mar 2023
- Employee Count1
Associated legal entities of Hail Cabs
Hail Cabs is associated with 2 registered companies on The Company Check; the primary company is Axoir Internet Ventures Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Axoir Internet Ventures Private Limited CIN U72900TG2022PTC161148 | Active | 31 Mar 2022 | Hyderabad, Telangana | ₹0.0 Cr | 2 | View details | |
| Axoir Electric Mobility Fleet Private Limited CIN U63000TG2022PTC163172 | Active | 27 May 2022 | Hyderabad, Telangana | ₹0.3 Cr | 2 | View details |
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 $305,200
- Total Rounds 2
- Last Round Angel Round — $24,400
- First Round $280,800
(Aug 2022)
- Investors Count 1
All 2 funding rounds of Hail Cabs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $24,400 | Angel Round | $3.35M | Ajaz Farooqi | – |
| Aug 2022 | $280,800 | Angel Round | $3.29M | Ajaz Farooqi | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $3.35M | •••••••• |
| Aug 2022 | $3.29M | •••••••• |
Last known valuation $3.35M (Mar 2023). 1 investors in total: 0 institutional and 1 angel.
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 |
|---|---|---|---|---|
AF Ajaz Farooqi | unknown_cb17923e42cc40498 |
Investor details for Hail Cabs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Axoir Internet Ventures Private Limited (Hail Cabs)
Axoir Internet Ventures Private Limited is the primary company behind Hail Cabs. The boards of the 2 registered companies of Hail Cabs currently have 2 directors; the longest-serving is Servani Abdul Mujeeb Khan, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Servani Abdul Mujeeb Khan DIN 08786251 | Director | 31 Mar 2022 | 4 yrs 6 mo | Axoir Internet Ventures Private Limited, Axoir Electric Mobility Fleet Private Limited |
| Arbaaz Farooqi DIN 07587446 | Director | 01 Mar 2023 | 3 yrs 7 mo | Axoir Internet Ventures Private Limited, Axoir Electric Mobility Fleet Private Limited |
People of Hail Cabs
3 people are tracked at Hail Cabs (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CSO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Hail Cabs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Hail Cabs
Figures of Axoir Internet Ventures Private Limited, the primary company behind Hail Cabs, for FY 2023. Revenue was ₹4.8 Lakh. Net loss was -₹1.12 Cr (-2323% margin). EBITDA was -₹1.06 Cr (-2203% margin).
- ₹4.8 LakhRevenue · FY 2023
- -₹1.12 CrNet loss · -2323% margin
- -₹1.06 CrEBITDA · -2203% margin
- ₹11 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Axoir Internet Ventures Private Limited are on its company page.
Detailed financial statements for Hail Cabs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Hail Cabs
4 dated milestones of Hail Cabs across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Hail Cabs is founded.
- Funding First funding round of $281K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $24K.
Competitors of Hail Cabs
Hail Cabs has 3 listed competitors in our database, 3 of them funded. They include BluSmart, Snap-E Cabs and Evera Cabs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blu-smart.com | 2019 | Mumbai, India | $167.59M | 613 | Electric ride-hailing and cab services are provided via mobile app. | |
| snapecabs.com | 2021 | Kolkata, India | $5M | 3,246 | Electric cab services are provided via an app-based booking platform. | |
| everacabs.com | 2019 | Delhi, India | $14M | 27 | Provider of an all-electric cab service |
Detailed competitors of Hail Cabs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Hail Cabs
Websites that share an audience with Hail Cabs (hailcabs.in).
Websites whose visitors overlap most with Hail Cabs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
goevcabs.com | goevcabs.com | 100% | #11,661,493 | – |
Top companies in Road Transport Tech
3 companies that operate in the same segment as Hail Cabs (Road Transport Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing, electric vehicles, and financial solutions are provided via app. | 2010 | Bengaluru, Karnataka, India | USD 3.83 B | USD 278.63 M | 2,473 | |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | 2015 | Bengaluru, Karnataka, India | USD 798.05 M | USD 19.11 M | 817 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M |
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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 CEO of Hail Cabs, as recorded in our data. 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 2022.
Hail Cabs has 1 employees.
The primary company behind Hail Cabs, Axoir Internet Ventures Private Limited, reported revenue of ₹4.8 Lakh for FY 2023.
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.
Hail Cabs is associated with 2 legal entities: Axoir Internet Ventures Private Limited, Axoir Electric Mobility Fleet Private Limited.