AHA Taxis was started by three friends Shivam Mishra, Amit Grover, and Kunal Krishna. The founders say they started up after personally experiencing problems travelling by taxis from one city to another as they were being doubly charged for one-way travel.Launched in April 2015, Noida-based AHA Taxis is a one-way cab service provider for outstation purposes across India. The company follows something similar to an aggregation model,with vendors networking in more than 1,000 cities, and claims to have over 15,000 vendor networks at present.It has tied up with vendors having multiple cabs as well as with those who owns and drives their cabs.And as they company scaled, AHA Taxis sold 70 percent to EbixCash last year. EbixCash is a subsidiary of Ebix Inc, an international supplier of on-demand software and ecommerce services to the insurance, financial, healthcare, and e-learning industries.
Commenting about the acquisition, Robin Raina, Chairman, President and CEO, Ebix, said, “AHA Taxis provides our Via and Mercury travel brands with another in-house tool to cross-sell cab services to our corporates, B2C clients, and OTA clients. We were already using AHA as one of the outside vendors to whom we would handover inter-city cab travel, because of the efficiency and pricing provided by AHA.”Currently, AHA Taxis is a 50-member team, and claims to be present in over 4,500 cities across India, serving over one lakh routes.With Ebix acquiring a majority stake in the company, the AHA Taxis team now aims to take its services to Tier II and III cities across the country.Kunal explains, “Our domain knowledge and technology has helped us solve the several decades problem plaguing the taxi travel space in the country. With Ebix, we intend to take AHA offerings to every Tier II, Tier III city in the country, and help millions of people save their money on travel.AHA’s technology does not only solve the problem for India, but in-fact can also be extended to other South Asian countries.”