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Reading: TimBuckDo Raises Seed Funding to Empower the Next-Generation Workforce
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Home > News > TimBuckDo Raises Seed Funding to Empower the Next-Generation Workforce
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TimBuckDo Raises Seed Funding to Empower the Next-Generation Workforce

Shalini Pathak Published Jul 12, 2024
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TimBuckDo Raises Seed Funding to Empower the Next-Generation Workforce
TimBuckDo Raises Seed Funding to Empower the Next-Generation Workforce
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TimBuckDo, a pioneer in the student gig economy, recently announced that it has raised seed funding of INR 2 crores from two illustrious US-based angel investors, Morton Meyerson and Nandkishore (Andy) Kalambi.

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Co-founded by Mythri Kumar and Apoorv Sharma Prasad, TimBuckDo is an innovative platform designed to connect students with part-time gig opportunities. It bridges the gap between students seeking flexible employment and businesses in need of part-time support. By leveraging AI and technology to match students with suitable gigs, the company aims to empower the next generation of workers with opportunities that fit their schedules and skill sets.

Commenting on the investment, Co-founders of TimBuckDo, Mythri Kumar & Apoorv Sharma Prasad, reaffirmed their commitment to the younger generation. 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 provide flexible and meaningful employment to the younger generation and thereby drive economic growth.

They further added:

We are thrilled to have Nandkishore Kalambi and Morton Meyerson on board as investors and advisors in their journey. 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.

The idea for Timbuckdo originated from a heartfelt conversation that one of the founders had with a friend. The friend was desperate to find her teenage son a productive way to spend his time and make some money. The founders were deeply moved by the problem and its potential impact. They realized that any interaction they had with today’s students needed to be worthwhile, and the idea for a portal for part-time employment for students was born. Tim – Buck – Do, Tim denotes students, Buck resonates with money as Bucks and Do is an action word that symbolizes work.

Nandkishore Kalambi, whose lifelong passion for inclusive innovation aligns perfectly with TimBuckDo’s mission to create a flexible and supportive work environment for students., said:

Future of Work is a 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.

TAGGED: Artificial Intelligence, Employment Skills, Funding, Gig Economy, Gig Workforce, Hiring, Next Generation Technology
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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