Hunar.AI, a Bengaluru startup that builds voice based AI agents for frontline hiring, has raised Rs 39.3 crore in a Series A round led by Blume Ventures. The company announced the round as Rs 40 crore, while the regulatory filing records Rs 39.3 crore of fresh capital.

The cheque takes the total funding raised by the company to about Rs 65 crore, according to Entrackr’s reading of its filings. Hunar.AI was founded in 2022 and is led by co-founder and chief executive Krishna Khandelwal.

The Round And Its Investors

Blume Ventures put in Rs 29 crore of the round. Seedstars invested Rs 3.31 crore, Hyderabad Angels Fund Rs 3 crore, AVNM Ventures Rs 2 crore, and PhysicsWallah co-founders Alakh Pandey and Prateek Maheshwari Rs 1 crore each, Entrackr reported, citing the company’s filings. Together Fund, an existing backer, and MediaMint co-founder Aditya Vuchi also took part, according to the company’s statement.

The board cleared the raise by issuing 5,206 compulsorily convertible preference shares at Rs 75,492 per share, the filings show. After the allotment, Together Fund holds 19.62 percent, Blume Ventures 16.17 percent, and each of the two founders 21.05 percent, per Entrackr’s estimates.

What The Money Is For

Hunar.AI plans to spend the capital on its AI infrastructure, on building more products and on its go to market team. The filings list working capital, capital expenditure, operations and business expansion as the stated uses.

Khandelwal said frontline workforce management is one of the largest yet most underserved opportunities in enterprise AI. He said solving it needs more than general purpose models applied to existing processes, and calls for a deep understanding of industry workflows, multilingual capability and technology that executes reliably at scale.

Valuation, Revenue And Losses

The company did not disclose its valuation. Entrackr estimates the Series A valued Hunar.AI at about Rs 180 crore, or roughly $19 million, up more than 71 percent from Rs 105 crore in its pre-Series A round, when it raised around Rs 18 crore from Together Fund.

On the business side, Hunar.AI reported operating revenue of Rs 1.70 crore in FY25, up from Rs 47 lakh in FY24. Its loss widened to Rs 5.56 crore in the same year. The company has not yet filed its FY26 financials.

Read more: Enterprise AI Startup AuxoAI Raises $20.7 Mn Series A Led By NTTVC, another recent funding round where investors backed AI agents built for specific enterprise workflows rather than general purpose chat tools.

The Founders And The Hiring Problem

Hunar.AI was started by Krishna Khandelwal and Shantanu Bhattacharyya. Its agents handle candidate screening, interview scheduling and follow ups, and then carry the same worker through onboarding, training and routine engagement. The company positions them as tools built around a defined workflow, not as chatbots that answer anything.

Language is the core of the pitch. The platform offers voice AI in more than 20 Indian languages, including Tamil, Telugu and Kannada, so an employer hiring across several states can run the same process without rebuilding it for each market. Quick commerce, logistics, retail, mobility and financial services are the main target segments.

Customers And What Comes Next

The startup says its agents handled more than 1.5 crore conversations until September 2026, with volumes doubling every quarter. Its customer list includes Swiggy, Zepto, Aditya Birla Capital, Bajaj Finserv, Croma, Dr Lal PathLabs, 1mg and Starbucks.

The market forecast behind that pitch comes from NITI Aayog, which projected India’s gig workforce would grow from about 1 crore workers in FY25 to 2.35 crore by 2029-30. More workers across more locations means more calls, follow ups and onboarding sessions, the work Hunar.AI is trying to automate.

The next test is commercial rather than technical. Several AI hiring startups are now chasing the same enterprise budgets, and buyers will judge the agents on whether they cut recruitment cost and time to hire without hurting the quality of who gets hired. For Hunar.AI, the Series A gives it room to prove that at a larger scale before it returns to the market for another round.