EX-10.5





 Exhibit 10.5 

Vahanna Tech Edge Acquisition I Corp. 

1230 Avenue of the Americas, 16th Floor 

New York, New York 10020 

March 11, 2022 
 Vahanna LLC 

1230 Avenue of the Americas, 16th Floor 
 New York, New York 10020

  

	 	Re:	 Amended and Restated Administrative Services Agreement 



Ladies and Gentlemen: 
 This letter agreement
(this “Agreement”) by and between Vahanna Tech Edge Acquisition I Corp. (the “Company”) and Vahanna LLC (the “Sponsor”), dated as of the date hereof, will confirm our agreement that, commencing on the date the
securities of the Company are first listed on The Nasdaq Global Market (the “Listing Date”), pursuant to a Registration Statement on Form S-1 and prospectus filed with the U.S. Securities and
Exchange Commission (the “Registration Statement”) and continuing until the earlier of the consummation by the Company of an initial business combination or the Company’s liquidation (in each case as described in the Registration
Statement) (such earlier date hereinafter referred to as the “Termination Date”): 
 1. The Sponsor shall make available, or cause
to be made available, to the Company, at 1230 Avenue of the Americas, 16th Floor, New York, New York 10020 (or any successor location), office space and secretarial and administrative services as may be reasonably required by the Company. In
exchange therefor, the Company shall pay the Sponsor $20,000 per month beginning on the Listing Date and continuing monthly thereafter until the Termination Date; and 

2. The Sponsor hereby irrevocably waives any and all right, title, interest, causes of action and claims of any kind as a result of, or arising
out of, this Agreement (each, a “Claim”) in or to, and any and all right to seek payment of any amounts due to it out of, the trust account established for the benefit of the public stockholders of the Company and into which substantially
all of the proceeds of the Company’s initial public offering will be deposited (the “Trust Account”), and hereby irrevocably waives any Claim it may have in the future as a result of, or arising out of, this Agreement, which Claim
would reduce, encumber or otherwise adversely affect the Trust Account or any monies or other assets in the Trust Account, and further agrees not to seek recourse, reimbursement, payment or satisfaction of any Claim against the Trust Account or any
monies or other assets in the Trust Account for any reason whatsoever. 
 This Agreement constitutes the entire agreement and understanding
of the parties hereto in respect of its subject matter and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent they relate in any way to the subject matter hereof or the
transactions contemplated hereby. 

  
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 This Agreement may not be amended, modified or waived as to any particular provision, except
by a written instrument executed by the parties hereto. 
 No party hereto may assign either this Agreement or any of its rights, interests,
or obligations hereunder without the prior written approval of the other party. Any purported assignment in violation of this paragraph shall be void and ineffectual and shall not operate to transfer or assign any interest or title to the purported
assignee. 
 This Agreement constitutes the entire relationship of the parties hereto, and any litigation between the parties (whether
grounded in contract, tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the laws of the State of New York. 

  
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	Very truly yours,
	
	VAHANNA TECH EDGE ACQUISITION I CORP.
		
	By:	 	 /s/ Karan Puri

		 	Name: Karan Puri
		 	Title: Chief Executive Officer


  

			
	AGREED AND ACCEPTED BY:
	
	Vahanna LLC
		
	By:	 	 /s/ Vinode Ramgopal

		 	Name: Vinode Ramgopal
		 	Title: Manager
		
	By:	 	 /s/ Akshaya

		 	Bhargava
		 	Name: Akshaya Bhargava
		 	Title: Manager

 [Signature Page to Amended and Restated Administrative Services Agreement]