‏إظهار الرسائل ذات التسميات Pioneer Fund. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات Pioneer Fund. إظهار كافة الرسائل

AI & WhatsApp based Hiring Platform Vahan Raises Funding from Khosla Ventures, Founders Fund and Pioneer Fund

Bangalore headquartered Vahan.ai, which uses Artificial Intelligence (AI) and WhatsApp to help companies hire blue collared employees, has raised an undisclosed amount of funding from Khosla Ventures, Founders Fund and Pioneer Fund, reported Economic Times citing a top executive from the company.

The funds raised will be used by Vahan for scaling and expansion.

Founded in 2016, by Madhav Krishna, Vahan is backed by Y Combinator and leverage Machine Learning algorithms to match job seekers with employers inside messaging apps (currently WhatsApp). The startup counts Zomato, Swiggy, Dunzo and Domino's among its clientele.

Madhav, who is an alumnus of Netaji Subhas Institute of Technology of Delhi, has been part of Y Combinator 2019 batch to built an AI-driven virtual assistant integrated with WhatsApp to help businesses automate various aspects of workforce engagement. We specialize in high volume recruitment of on-demand workers.

In a statement to ET, Madhav said Vahan has 1.4 million users, and claimed it had helped 25,000 of them find blue-collared jobs. “We connect blue-collared job seekers to employers who need access to labour,” he said.

Vahan is backed by number prolific of angel investors such as Gokul Rajaram, Godfather of AdSense; Mekin Maheshwari, Former Head of Engineering at Flipkart; and Vir Kashyap, Co-founder of Babajob.

How Vahan.ai Works



Unskilled to semi-skilled job seekers gets on WhatsApp, adds Vahan.ai to his contact list and messages the account for job listings. the candidate simply needs to send a "hi" message to Vahan’s phone number on WhatsApp following which its bot qualifies them, answers their questions and even schedules an interview. The messaging bot of Vahan asks them to give the location. The bot then looks for jobs in the vicinity of the applicant and throws back results. Job seker then answer a few questions, take a short quiz, schedule a job interview.

As many job applicants also write Hindi in English (Hinglish), Vahan's technology can understand that as well and the messaging bot can translate Hindi to English. The bot asks the applicants to upload their driver’s licence, verifies it against government databases, and requests them to upload their CV via WhatsApp. The CV is then sent to

LetsVenture, Pioneer Fund launches 'Future of India' Fund to Invest in Y-Combinator backed Indian Startups

LetsVenture, a platform for startup investments, has tied up with Silicon Valley-based Pioneer Fund to invest in Indian enterprises nurtured by top startup accelerator Y Combinator.

LetsVenture will invest in 5-7 Indian startups from the summer batch of Y Combinator in the June-August period. For same, LetsVenture and Pioneer Fund is setting up a startup fund called 'Future of India' with a corpus of $1- $1.5 million.

LetsVenture’s investor base will get an opportunity to put money in Future of India fund.

The development comes at a time when Y Combinator has recently selected a record number of 15 India-based startups for its summer batch of 2019.

For California-based Pioneer Fund, this will be the first time it will invest in India, through the upcoming Fund.startup selected by YC.

Pioneer is itself created by Y Combinator alumni -- Jared Heyman and Jason Gray, along with support of 170 fellow Y Combinator alumni founders.

Pioneer Fund pools capital and expertise from 170+ Y Combinator alumni to invest in the top 10% of YC startups. The fund is building a diversified portfolio of top YC startups across several verticals, by leveraging the unique access, knowledge, and connections of its YC alumni investors and advisors. Pioneer Fund is backed by billion-dollar family offices, high net worth individuals, and small institutional investors.

In a statement to Economic Times, LetsVenture Founder & CEO, Shanti Mohan said, "They (Pioneer Fund) typically invest in five to seven companies globally. The new partnership will allow them to back a similar number of Indian firms. These investments would be of $1,50,000-$2,00,000 for each of the Indian firms."

Pioneer Fund’s managing partner, Jason Gray, said, "This (partnership) will allow LetsVenture and Pioneer Fund to provide local investors with access to top Indian startups and provide these firms with access to the support and mentorship of YC alumni."

Source - Economic Times

Market Reports

Market Report & Surveys
IndianWeb2.com © all rights reserved