WAAH Taxis is a Noida-based company that operates the AHA Taxis, primarily a cab aggregator for outstation trips, with an online booking system. The startup has just announced a fresh round of pre-series A funding through Lead Angels as well as its existing funding partner ah! Ventures. The amount invested has not been disclosed.
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 also.
AHA Taxis already operates in 350 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 has not only held on its own but has grown quite popular. It must however be clarified that while the other two are largely intra-city cab aggregators, AHA specializes in inter-city taxi services.
It was launched in 2015 by Amit Grover, Praveen Samariya, Kunal Krishna, Kumar Arayan and Shivam Mishra. Collectively, they have experience working with blue-chips like Infosys and Asian Paints and startups like Swiggy and Crazzy.
The business revolves around better utilization of resources like cars and drivers and providing an affordable product 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.
There are a number of others in the same field, who are also being funded, both locally as well as from off-shore investors.