Lunchclub, a US based AI powered social platform steps foot in the Indian Market. The start-up has successfully commenced operations in India after checking and testing its beta version.
The networking portal uses artificial intelligence, machine learning algorithms to deliver efficient user connections with aligned purposes, goals and values. The start-up further caters to AI super connectors that make introductions for 1:1 video meetings. Founded in 2017, the US-based social platform is backed by Lightspeed, Andreessen Horowitz, Coatue, and a16z.
Lunchclub is a platform that can be accessed through a web browser as well as mobile application, to deliver efficient customer experience. The idea is to unchain and utilize human competence to make networking accessible, easier and to eradicate routine challenges faced by individuals on business networking platforms. The rapidly emerging social platform envisions a stronghold in the Indian marketplace by gathering over 100k users and customers by the end of this year.
Lunchclub started with the idea to provide services such as invite-only service for in-person introductions. The company has gradually made a transition to video call service after the coronavirus led pandemic. Lunchclub further plans on serving a diverse range of connections to the Asian sub-continent, rendering stories about the growth and development for a perfect start-up hub.
The start-up has a gross valuation of over $100 million, amassed by a $24.2 million Series A funding led by Lightspeed ventures partners and other strategic investors. Lunchclub has so far managed to cater over 1 million connections with an extraordinary growth spurt in 2020.
Eyeing the Indian market, Vladimir Novakovski, Co-Founder and CEO of, Lunchclub said, “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”.