The Category II AIF had a targeted corpus of Rs 150 crore, with an option to raise an additional Rs 150 crore under the green shoe option
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The funds raised will be allocated to various strategic initiatives, including expanding geographically into more clusters across India and launching new solutions
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Funds will be used for geographic expansion and the onboarding of an additional 50,000 housemaids
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The new funding will help Vahan develop artificial intelligence recruitment technology that can support eight major Indian languages
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This capital infusion will fuel strategic acquisitions, fund business expansion, and enhance the company's ability to seize new growth opportunities
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