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Home AI & Big Data

AI-Powered Global Professional Networking Platform Lunchclub Launches in India Plans to Get 100k Users by the End of 2021

IndiaTechDesk Editor by IndiaTechDesk Editor
October 15, 2021
in AI & Big Data
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AI-Powered Global Professional Networking Platform Lunchclub Launches in India Plans to Get 100k Users by the End of 2021

Lunchclub is leveraging AI to facilitate connection based on shared interests

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Lunchclub, an AI-powered super-connector that uses machine learning algorithms to connect professionals with common interests, values, goals and objectives, is now open for Indian users.

Backed by Lightspeed, Andreessen Horowitz, Coatue and other strategic investors, Lunchclub aims to use technology to unlock human potential and enable the future of work, where making new connections is easy and meaningful while being fun.

Founded in 2017 in the United States and valued at over $100 million, Lunchclub is a smarter, more dynamic version of in-person networking with a highly sophisticated AI at its heart.

The startup optimizes the professional matchmaking experience, leveraging AI to facilitate connection based on shared interests and goals to create deeper, more meaningful conversations – regardless of geographic location, industry, or generation.

Chelsea Maclin, Chief Marketing Officer, Lunchclub, said, “At Lunchclub, we are breaking down barriers and eliminating the routine challenges faced by people on existing business networking platforms. Lunchclub’s personalization filters enable us to understand the unique needs of a person and automatically match members with extreme relevance – “engineering serendipity.”

Invite-only concierge service for in-person introductions, the company pivoted to video calls when the pandemic hit last March. The platform is accessible through a mobile app or web browser.

India is a high priority for the next-generation networking app planning to onboard over 100K users by the end of the year. After testing out the beta version, Lunchclub has now officially launched operations in the country.

Pritish Nair, India Lead, Lunchclub, added, “We are stoked to be unveiling Lunchclub’s services in India. 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 startup hub.”

The brainchild of Vladimir Novakovski and co-founder Scott Wu, the startup landed a $100 million valuation with a $24.2 million Series A round led by Lightspeed Venture Partners.

It has raised a total of $30 million, including Lightspeed, Andreessen Horowitz, Coatue, and other strategic investors. The company has created 1 million connections and achieved 15x growth in 2020 alone.

Vladimir Novakovski, Co-Founder and CEO, Lunchclub, said, “India is a key global destination when it comes to professional networking. In the post-pandemic scenario, while the need to establish quality professional connections is intact, there was a need for a channel which could help form meaningful conversations without sifting through hordes of people.”

Tags: AICovid-19Social Networking App
IndiaTechDesk Editor

IndiaTechDesk Editor

IndiaTechDesk is part of beSUCCESS Media group, focusing on Indian startup and tech news, trends and analysis. Write to us at press@indiatechdesk.com.

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