-By ArdorComm News Network
September 23, 2024
Vahan.ai, an AI-powered recruitment platform focused on India’s blue-collar workforce, has secured $10 million in Series B funding. The funding round was led by Khosla Ventures, founded by renowned AI expert Vinod Khosla, who was recently recognized as one of Time Magazine’s Top 100 Most Influential People in AI for 2024.
Madhav Krishna, Founder and CEO of Vahan.ai, shared the news in a LinkedIn post, expressing his excitement for the company’s growth: “What began as a mission to address economic inequality has evolved into Vahan.ai. Our journey continues as we aim to create job opportunities for a billion people in India and beyond.”
The Series B funding round also saw participation from notable investors, including Y Combinator, Gaingels, and Paytm Founder Vijay Shekhar Sharma. Krishna expressed gratitude for the support from these key partners, stating, “We are deeply grateful to our investors, partner organizations, and the gig workers we serve, along with the incredible team at Vahan.ai.”
Bengaluru-based Vahan.ai leverages AI technology to simplify the recruitment process for both employers and blue-collar workers. Their AI-driven platform connects companies with skilled candidates and helps workers find job opportunities in India’s expanding gig economy.
With this new funding, Vahan.ai plans to expand its AI-powered recruitment tools and enhance its ‘AI Recruiter,’ which currently conducts interviews in English and Hindi. The platform aims to extend its language capabilities to cover other major Indian languages in the coming year, furthering its mission to revolutionize blue-collar recruitment in India and beyond.
Source: People’s matter