Lunchclub, a networking platform founded in the United States that uses machine learning algorithms to connect professionals with similar interests, values, goals, and aspirations, is now operational in India.
The platform was first launched in 2017 in the United States as an invite-only concierge service for in-person introductions, but when the epidemic hit last March, the company switched to video conversations.
It improves the professional matchmaking experience by utilising artificial intelligence to create connections based on shared interests and goals, independent of geographic location, industry, or generation.
By the end of 2022, it hopes to have over 100,000 users in India.
“India is a key global destination when it comes to professional networking. We have seen great success and growth in the US market and are now confident of replicating the same in India. With the kind of audience we have in India, we believe this will be a breakthrough moment,” said Vladimir Novakovski, Co-Founder and CEO, Lunchclub, in a statement.
“The sheer diversity of connections that the platform can offer the sub-continent from all over the world will write a story of growth and opportunities for the emerging start-up hub,” added Pritish Nair, India Lead, Lunchclub].
Vladimir Novakovski, Scott Wu, and Hayley Leibson started the company in the United States, and it is now worth more than $100 million. It has raised $30 million from investors such as Lightspeed Venture Partners, Andreessen Horowitz, Coatue, and other strategic investors. Lunchclub has made 1 million connections and has grown 15 times in the year 2020 alone.
