Announced
Synopsis
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.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.