Other Private Equity/Strategic Investments
Blue collar recruitment enabler Vahan.ai gets funding from Japan’s Persol Group
Bengaluru-based recruitment technology company Vahan.ai has received funding from Tokyo-based Persol Group, which offers solutions pertaining to human resources. The startup plans to deploy the fresh capital to bolster its tech stack, scale operations and focus on growing its business in emerging sectors like manufacturing and retail.Founded in 2016, Vahan.ai leverages artificial intelligence and WhatsApp’s APIs (Application Programming Interfaces) to automate hiring of blue-collar workers.
Between Apr 2016 and Sep 2024, Vahan had raised about USD 19 M from Khosla Ventures, Bharti Airtel, Pioneer Fund, Spike Ventures, Founders Fund, Soma Capital, Villgro and angel investors.For FY24, Vahan had reported about INR 26 Cr in Operating Income and about INR 12 Cr in Net loss.
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