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TimBuckDo lifts Rs.2 crore in Seed Funding from Morton Meyerson & Nandkishore Kalambi

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TimBuckDo, a talent platform based in Bengaluru, has secured Rs. 2 crore in seed funding from two angel investors from the US, namely Morton Meyerson and Nandkishore (Andy) Kalambi.

The startup will use the raised capital to enhance its platform and expand its reach to students throughout India.

Mythri Kumar & Apoorv Sharma Prasad, Co-founders of Timbuckdo, told,"With more than 50% of India's population under 25, it is essential to tap into their potential and offer them relevant opportunities. The part-time job market has seen a significant 30% increase in opportunities over the past year. At Timbuckdo, we are dedicated to providing flexible and meaningful employment for the younger generation, thereby contributing to economic growth."

TimBuckDo was established by Mythri Kumar and Apoorv Sharma Prasad with the goal of connecting students to part-time gig opportunities.

By leveraging AI and technologyd, the startup bridges the gap between students seeking flexible employment and businesses requiring part-time support.

The co-founders expressed their delight and said,“Their belief in our vision of developing a dynamic gig portal for student part-timers highlights the increasing significance of flexible work solutions in today’s economy. With their support, we are well-positioned to enhance our platform and extend our reach to students nationwide.”

Nandkishore (Andy) Kalambi and Morton Meyerson are the two angel investors backing TimBuckDo. Kalambi brings over 25 years of executive leadership experience in managing enterprise technology solutions across various regions.

He has a proven track record of introducing and rapidly scaling new technologies with industry giants such as Siemens, SAP, and Dassault Systèmes. Currently, through Kanu Ventures, he leverages his knowledge and expertise to apply AI in the realms of nature and business.

Kalambi said, “The future of work lies in the gig economy, and TimBuckDo is shaping the next generation of the workforce by reaching out to young talent and offering real-world experience through a range of part-time jobs.”

Morton Meyerson, the other investor, brings extensive experience from his previous roles as Chief Technology Officer at General Motors and as the retired President and Vice-Chairman of Electronic Data Systems (EDS).

He also served as Chair, President, and CEO of Perot Systems, where he significantly increased the company's revenue. Meyerson has a longstanding connection with India, having established and rapidly expanded HCL-Perot. Additionally, he has mentored influential figures such as Michael Dell and Mark Cuban.

Meyerson said,"I believe in the idea of TimBuckDo, and I am confident it will become one of my most promising investments."

He further added that, the platform holds the potential to reshape the gig economy for students and generate considerable opportunities. He told that he is pleased to join forces with Andy for their first joint investment venture in India.