Deep learning at its core, contains functions that are composition of a linear transformation with a non-linear function known as activation function. In past few years, there is an increasing interest in construction of novel activation functions resulting in better learning. In this work, we propose a family of novel activation functions, namely TanhSoft, with four undetermined hyper-parameters of the form tanh(αx+βe^{γx})ln(δ+e^x) and tune these hyper-parameters to obtain activation functions which are shown to outperform several well known activation functions. For instance, replacing ReLU with xtanh(0.6e^x)improves top-1 classification accuracy on CIFAR-10 by 0.46% for DenseNet-169 and 0.7% for Inception-v3 while with tanh(0.87x)ln(1 +e^x) top-1 classification accuracy on CIFAR-100 improves by 1.24% for DenseNet-169 and 2.57% for SimpleNet model.