Vahan.ai, a Bengaluru, India-based AI-powered recruitment platform, has raised $10 million in Series B funding round.
Investors
The round was led by Khosla Ventures and saw participation from Y Combinator, Gaingels, and Vijay Shekhar Sharma, Founder of Paytm.
Khosla Ventures, founded in 2004 and based in Menlo Park, California, is a venture capital firm that supports entrepreneurs in AI, sustainability, enterprise, consumer, health, and frontier technologies.
Vahan.ai Use of Funds
The new funding will help Vahan expand into manufacturing and retail while enhancing its AI capabilities.
About Vahan.ai
Founded in 2016, Vahan.ai offers a platform designed to streamline the hiring process for blue-collar workers, providing services such as recruitment, staffing, and payroll management. The platform currently conducts interviews in English and Hindi, with plans to expand to other major Indian languages. Vahan.ai has placed over 500,000 workers across 480 cities with major companies, including Zomato, Swiggy, Flipkart, Zepto, Blinkit, Amazon, Rapido, and Uber. Their goal is to build a comprehensive platform that not only offers earning opportunities but also provides the tools, benefits, and support that blue-collar professionals need to thrive.
Funding Details
Company: Vahan, Inc.
Raised: $10.0M
Round: Series B
Funding Date: September 2024
Lead Investor: Khosla Ventures
Additional Investors: Y Combinator, Gaingels, Vijay Shekhar Sharma
Company Website: https://vahan.co/
Software Category: AI Recruitment
Source: https://startupstorymedia.com/insights-vahan-ai-raises-10m-in-series-b-funding-led-by-khosla-ventures-to-transform-blue-collar-recruitment-in-india/