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TimBuckdo, a student-first social commerce platform, secured Rs. 2.70 crore in a funding round, following its
appearance on Ideabaaz, the national television entrepreneurship show aired on Z TV and Z5. The round saw the participation from a group of global investors, including Sandesh Sharda, Turbostart, Anupam Bansal, Arjun Vaidya, and Shaili Chopra, along with Rukam Capital, headed by Archana Jahagirdar, Ideabaaz’s investment arm, and the co-founders of Ideabaaz. The total investment expanded from the initial on-air interest to Rs. 2.70 crore.
Sandesh Sharda, Angel Investor and Titan on Ideabaaz, “I could relate to the GiG workers' problem and TimBuckDo solves it very well. The Management Team is driven, and it looks like Gig workers will continue to grow in India as we are a young economy driven by youth”
Arjun Vaidya, Managing Partner, V3 Ventures, said, "India's young population is a superpower that many don't talk about. With the rest of the world facing an ageing population crisis, we have an opportunity. But we need to do something about it. As a student, I always wanted to work, but I never got my due. Seeing the Timbuckdo pitch
brought these things together. Respectable, structured and most importantly PAID work for students in a platformized manner. The size of the opportunity is massive, and Ideabaaz is excited to see what this team does with it!"
Mythri Kumar, Co-founder, TimBuckdo, said, “Ideabaaz gave us a stage to share our mission, but the trust placed in us throughout the diligence and funding process has been the true milestone. We intend to use the funds and the exposure from the show judiciously to strengthen our student community and make gig work a widely adoptable culture. With marquee investors backing us, our confidence in scaling TimBuckdo has only grown stronger.”
Apoorv Sharma Prasad, Co-founder, TimBuckdo, said, “Closing this round with the backing of respected investors and partners is a moment of immense responsibility. The process was detailed and thorough, and its successful completion gives us the momentum to accelerate our next phase, from our AI-led student engine to expanding across campuses nationwide.”
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