Timbuckdo, an innovative platform designed to connect students with part-time gig opportunities, has raised INR 2 crore in seed funding from two US-based angel investors, Morton Meyerson and Nandkishore (Andy) Kalambi. Founded by Mythri Kumar and Apoorv Sharma Prasad, Timbuckdo aims to bridge the gap between students seeking flexible employment and businesses in need of part-time support by leveraging AI and technology.
The platform’s co-founders, Mythri Kumar and Apoorv Sharma Prasad, highlighted the significance of their mission in light of India’s demographic landscape. They stated, “With over 50% of India’s population under the age of 25, it’s crucial to harness their potential and empower them with relevant opportunities. The part-time job market is experiencing significant growth, with a 30% increase in opportunities over the past year alone. At Timbuckdo, we are committed to providing flexible and meaningful employment to the younger generation and thereby drive economic growth.”
Nandkishore (Andy) Kalambi, who brings over 25 years of executive leadership experience in managing enterprise technology solutions across multiple geographies, expressed his enthusiasm for the venture. Kalambi, currently focusing on applying AI for Nature and Business through Kanu Ventures, said, “Future of Work is gig, and Timbuckdo is building the next generation workforce for the world by catching them young and providing real-world work exposure through various part-time jobs. My lifelong passion for inclusive innovation aligns perfectly with Timbuckdo’s mission to create a flexible and supportive work environment for students.”
Joining Kalambi in this investment is Morton Meyerson, former Chief Technology Officer at General Motors and retired President and Vice-Chairman of Electronic Data Systems (EDS). Meyerson, who has had a long association with India, remarked, “I believe in the idea of Timbuckdo and I am confident it will become one of my most promising investments. The platform has the potential to transform the gig economy for students and create significant opportunities. I am also delighted to team with Andy for our first joint investment in India.”
Timbuckdo is well-positioned to enhance its platform and expand its reach to students across the country, thanks to the support of its new investors. “Their belief in our vision of creating a dynamic gig portal for student part-timers underscores the growing importance of flexible work solutions in the modern economy. With their support, we are well-positioned to enhance our platform and expand our reach to students across the country,” added the co-founders.