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Announced

Airtel to acquire a stake in Vahan.

Financials

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Transaction Value-
Consideration TypeCash
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Sources

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start up

Private

Single Bidder

Software

Majority

Friendly

Acquisition

Pending

India

Synopsis

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Bharti Airtel, a telecommunication company, agreed to acquire a stake in Vahan, a startup that uses artificial intelligence models to match job seekers with employers inside messaging apps such as WhatsApp. Financial terms were not disclosed. The acquisition of Vahan is a part of Airtel’s Startup Accelerator Program to support the growth of early-stage Indian tech startups. Through the program, the company will have access to Airtel’s online and offline distribution network, deep market understanding and ecosystem of global strategic partners. “We have the potential to drive the accelerated growth of emerging startups that are solving hard problems,” Adarsh Nair, Airtel CPO.

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