Nasdaq listed EbixInc acquires 70% stakes in local AHA Taxis

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An inter-city cab service start-up ‘Aha Taxis’, founded by 24-year-old Shivam Mishra of Hoshangabad in the year 2015  has made it big as EbixCash, an India based subsidiary of Nasdaq-listed Ebix Inc, has acquired a 70 percent stake in his start-up AHA Taxis.

“Whatever I have achieved, from Hoshangabad by selling my company stake to a Nasdaq listed more than 2 billion US $ company Ebixcash is because of my love for sales and marketing. I have generated about business worth about US $ 8 million through my marketing skills.” said Beaming shivam Mishra, adding, “AHA taxis which I co-founded in 2015  has grown from 0 to more than 5 Million $ in Annual Revenue.”

Mishra says being born and brought up in Hoshangabad, he wanted to do good for his State and youth in Hoshangabad by generating employment opportunities for them,” he added.

AHA Taxis a start-up Founded by first generation entrepreneurs Amit Grover, Kunal Krishna and Shivam Mishra has pioneered an offering of one-way fare for hiring taxis for outstation trips, whereas the trade norm used to be to charge the return fare as well. AHA solved this problem while engaging its proprietary technology, algorithm and network, AHA Taxis presently operates to more than 4000 cities across the country having served 20,000+ routes and 15+ million kilometers of travel as of now and hopes to expand to mid-tier towns with EbixCash.

Daily Pioneer
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