The US-based networking platform, Lunchclub, which uses machine learning algorithms to connect professionals with common interests, values, goals and objectives, is now open to Indian users.
Launched in 2017 in the United States, the platform was first deployed as an invitation-only concierge service for in-person presentations, but the company switched to video calling when the pandemic struck last March.
It optimizes the professional matchmaking experience, leveraging AI to facilitate connection based on common interests and goals, regardless of geographic location, industry or generation.
It plans to grow to over 100,000 users in India by the end of 2021.
âIndia is a key global professional networking destination. We have had great success and growth in the US market and are now confident to replicate the same in India. With the type of audience we have in India, we believe this will be a watershed moment, âVladimir Novakovski, co-founder and CEO of Lunchclub, said in a statement.
âThe wide variety of connections the platform can offer to the subcontinent around the world will write a story of growth and opportunity for the new start-up hub,â added Pritish Nair, Indian Head of Lunchclub.
The start-up was founded in the United States by Vladimir Novakovski and Scott Wu and is valued at over $ 100 million.
He raised a total of $ 30 million which includes investors from Lightspeed, Andreessen Horowitz, Coatue and other strategic investors. Lunchclub created 1 million connections and achieved 15x growth in 2020 alone.
The platform is accessible through a mobile application or the web browser.