M&A

M&A

Blue-collar workers hiring platform Vahan.ai raises funding from Temasek’s LemmaTree; acquires upski

Inc42  

Bengaluru-based Vahan.ai has bagged a strategic investment from Temasek's investment firm, LemmaTree. Besides, Vahan.ai has also acquired L.earn, a digital learning and upskilling tech platform of GoodWorker.It will use the funds to scale up its tech stack and increase monthly job placements from 40,000 to 1 lakh. Alongside, the acquisition of L.earn will allow it to integrate skills directly into the job-seeking process.Founded by Madhav Krishna in 2016, Vahan.ai uses chatbot technology to help companies quickly find and hire blue-collar workers.The company claims to have placed over 1 million blue-collar workers across more than 920 cities, with employers such as Zepto, Swiggy, Blinkit, and Zomato.The platform plans to expand into eight more Indian languages and enter high-growth sectors, with a focus on deeper penetration in Tier II and III markets. It also aims to expand into international markets such as Southeast Asia and the MENA regions.

Between Mar 2018 and Feb 2025, Vahan.ai had attracted about USD 24 M from Bharti Airtel, Founders Fund, Khosla Ventures, Pioneer Fund, Spike Ventures.