Vahan.ai Raises $10 Million in Series B Funding

Vahan.ai, a Bengaluru-based AI recruitment platform for blue-collar workers, has successfully raised $10 million in a Series B funding round led by Khosla Ventures, with notable participation from Y Combinator, Gaingels, and Paytm's Vijay Shekhar Sharma. This funding will help Vahan.ai expand its AI technology to support eight major Indian languages and venture into manufacturing and retail sectors, enhancing its accessibility and market reach. Since its inception in 2016, the platform has placed over 500,000 workers across 480 cities, averaging 25,000 recruits per month, which significantly reduces recruitment costs and turnaround time. The company reported operating revenues of Rs 29.7 crore for the fiscal year ending March 2023, despite a loss of Rs 17.71 crore, and anticipates doubling its growth in FY25. Vahan.ai's impact extends beyond employment, providing economic stability to individuals and families in India's vast urban workforce. Vinod Khosla emphasized Vahan.ai's commitment to creating real-world impact through innovative AI solutions in recruitment.