# Vahan

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vahan

- Industry: Education/Training
- Headquarters: Bangalore, India
- Website: www.vahan.co
- Total disclosed funding: $18M
- Latest round: Series B (Sep 18, 2024)
- Investors on record: 3

## About

Vahan is an AI-driven recruitment and payroll solution provider that streamlines hiring processes for blue and grey-collar workers across India, enhancing efficiency through automation.Founded in 2015, Vahan operates out of Bangalore, India, offering innovative recruitment solutions. The company has not undergone significant operational pivots and does not have any reported subsidiaries. The founder, Madhav Krishna, is also the CEO and has a history of entrepreneurship. Vahan has successfully closed a total of 2 deals, with the most recent funding round being a Series B where they raised USD 10.00 mn on September 18, 2024, led by Khosla Ventures with participation from Gaingels and Y Combinator. The total amount raised by the company stands at USD 10.00 mn.Vahan's primary offering is an AI-driven recruitment and payroll solution specifically designed to streamline the hiring process for blue and grey-collar workers across India. This technology integrates advanced AI chatbots that facilitate high-volume recruitment by automating various stages of hiring, from sourcing candidates to onboarding. Vahan’s solutions address significant challenges in the labor market, including the rapid scaling of workforce needs during peak seasons and the ability to maintain supply chains in stressed markets. Their client base includes well-known startups in India, such as Zomato and Dunzo, which rely on Vahan for efficient sourcing and hiring solutions. Geographically, Vahan serves diverse markets spanning from the northern hills to the southern shores of India, ensuring comprehensive candidate sourcing across the country.Vahan generates revenue through a structured business model that focuses on B2B partnerships with organizations needing robust recruitment solutions. Revenue streams are derived from subscription-based services that allow clients to access Vahan's AI technology and recruitment capabilities. The company collaborates with clients on staffing and payroll, facilitating transactions involving a fee for each successful placement made through their platform. Clients typically engage with Vahan for long-term contracts that involve high-volume recruitment needs, ensuring a steady revenue flow as they scale their operations. The company’s flagship service leverages both AI and human expertise to deliver effective hiring solutions tailored to the unique demands of the Indian labor market.In September 2024, Vahan raised USD 10.00 mn in Series B funding led by Khosla Ventures, with additional investments from Y Combinator and Gaingels. The company plans to utilize this funding to develop AI recruitment technology supporting multiple Indian languages and expand into the manufacturing and retail industries. Vahan aims to launch these new capabilities within the next year, enhancing their recruitment solutions across diverse sectors.

## Funding rounds

- Series B, Sep 18, 2024, $10M — Khosla Ventures, Y Combinator, Gaingels
- Series A, Sep 1, 2021, $8M — Khosla Ventures

## Investors

- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B