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Arthum raises Rs 10 Cr in seed round led by Caret Capital

EntrackrEntrackr · 15d ago
Arthum raises Rs 10 Cr in seed round led by Caret Capital
Medial

Gurugram-based workforce management startup Arthum has raised Rs 10 crore (around $1.09 million) in a seed funding round led by Caret Capital. The round also saw participation from Keynote Financial Services Limited and JS Global. The proceeds will be used to strengthen its technology stack, expand geographically, and deepen financial product offerings. It is also expanding operations to cities including Dehradun, Chandigarh, Ludhiana, Jaipur, and Ahmedabad, targeting large industrial clusters. Founded in 2023 by Darpan Sharma and Vishal Mishra, Arthum builds an integrated operating system for contract and blue-collar workforce. The platform connects enterprises, labour contractors, and workers on a single digital infrastructure to manage attendance, payroll, contracts, compliance, and payouts. Arthum offers ERP-like tools such as geo-tagged attendance, automated payroll, digital payments, statutory compliance, and contract management. The platform currently automates operations for more than 3 lakh labour contractors and has onboarded over 6 lakh workers, primarily across the Delhi NCR region. Alongside workforce management, Arthum operates an integrated neo-banking layer that uses verified worker data to provide access to banking, insurance, credit, and investment products. The startup has partnered with banks including Yes Bank, ICICI Bank, and IDFC, along with over 15 NBFCs, to offer tailored financial products for contractors and workers.

Vahan.ai secures strategic investment from Temasek’s LemmaTree, acquires L.earn

EntrackrEntrackr · 6m ago
Vahan.ai secures strategic investment from Temasek’s LemmaTree, acquires L.earn
Medial

Vahan.ai, a recruitment platform for blue-collar workers, has announced a strategic investment from LemmaTree, an investment firm founded by Temasek. Alongside this transaction, Vahan.ai has also acquired L.earn, the digital learning and upskilling tech platform of GoodWorker, which was backed by LemmaTree. The proceeds will primarily be used to enhance Vahan.ai’s proprietary tech stack, including the development of advanced AI capabilities tailored for large-scale, multilingual recruitment. Based in Bengaluru, the company says that acquiring L.earn adds a powerful skilling layer to its offering. L.earn provides mobile-first, vernacular content tailored for gig and frontline workers in sectors like logistics, manufacturing, and retail. By embedding modular skilling journeys directly into the job-seeking process, Vahan.ai will empower workers to improve employability, access better-paying roles, and build long-term careers. According to market research, India’s blue-collar workforce is set to drive 70% of the country’s new employment growth by 2030. This segment is also experiencing wage increases, with blue-collar jobs growing at a rate of 5.7% annually. Vahan has placed over 1 million workers across more than 920 cities and currently facilitates approximately 40,000 job placements per month for employers such as Zepto, Swiggy, Blinkit, and Zomato. The platform plans to expand support to eight additional Indian languages, enabling deeper access for job seekers in Tier 2 and Tier 3 markets. Vahan.ai also aims to enter new high-growth sectors while accelerating its footprint across India and select international markets such as Southeast Asia and the MENA region. Vahan bridges gaps in digital literacy, language barriers, and infrastructure. At its core is a voice-based AI recruiter powered by OpenAI’s GPT-4o, capable of conducting human-like conversations with job seekers in English and Hindi over a simple phone call. This AI layer streamlines the hiring journey—from job discovery and application to interview scheduling—overcoming traditional barriers like digital literacy, language, and infrastructure. To date, Vahan has raised $23.7 million from Khosla Ventures and others.

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