
CosmicTaco
Vahan.ai Secures Funding, Acquires Upskilling Platform
- Vahan.ai has received a strategic investment from LemmaTree, founded by Temasek, marking a significant milestone for the AI recruitment platform targeting blue-collar workers.
- Alongside this investment, Vahan.ai acquired L.earn, GoodWorker's digital learning and upskilling platform, to integrate skilling into its job-seeking process.
- The company aims to use the fresh funds to enhance its technology and increase its monthly job placements from 40,000 to 1 Lakh, while also expanding its platform to more Indian languages and international markets.
- Despite the acquisition, the financial details of these transactions remain undisclosed. This move is part of Vahan.ai's strategy to deepen its presence in Tier II and III Indian markets and enter regions like Southeast Asia and the MENA.
- Vahan.ai's expansion comes amid a growing gig economy in India, with NITI Aayog estimating a projected workforce of 23.5 Mn gig workers by 2029-30, emphasizing the increased demand in sectors like quick commerce and logistics.
Source: Inc42
11d ago
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