Bengaluru-based on-demand convenience platform TimBuckDo has raised an undisclosed amount in a bridge funding round as it prepares for a planned $5 million Series A financing in the coming months. The round was backed by Srinath Setty through his family office Trasa Ventures and Adarsh Narahari, founder and managing director of Primus Senior Living, with media reports placing the startup’s pre-money valuation at approximately Rs 120 crore. TimBuckDo said the additional capital will provide financial and strategic support for its next stage of expansion.
Strategic Backing for Expansion
Setty, who is also co-founder and CEO of managed farmland company Hosachiguru, brings experience in scaling businesses across real estate and related consumer services. Narahari has spent more than a decade building Primus Senior Living, giving him experience in the senior-care market that aligns closely with TimBuckDo’s Companion Doer service for elderly customers. The company believes the investors’ operational backgrounds can support its expansion into areas where trust, reliability, and service quality are particularly important.
Building an On-Demand Student Workforce
Founded in 2022 by Mythri Kumar and Apoorv Sharma Prasad, TimBuckDo operates a marketplace connecting verified college students, known as “Doers,” with households and businesses requiring flexible assistance. Its service portfolio includes elder companionship, pet care, child support, shopping assistance, errands, home-business support, and other everyday convenience services. The model is designed to organize a fragmented segment of India’s service economy while providing students with flexible earning opportunities alongside their education.
Capital to Strengthen Technology and Operations
TimBuckDo plans to use the bridge financing to improve its technology platform, expand its network of student workers, and increase penetration across its core service categories. The company is positioning the round as additional runway ahead of its larger Series A financing, which is expected to support broader growth across India. TimBuckDo has also developed corporate relationships with organizations including Decathlon, Aditya Birla, and the Open Network for Digital Commerce as it expands its service ecosystem.
Previous Funding and Growth Plans
The startup previously raised approximately Rs 6.6 crore in a seed round backed by investors including Nandkishore Kalambi, Morton Meyerson, Arjun Vaidya, Anupam Bansal, Sandesh Sharda, Rukam Capital, IDEABAAZ, TurboStart, and its founders. TimBuckDo is targeting significant growth over the next three years, including more than 10,000 household orders per day and approximately Rs 400 crore in gross revenue across India. Achieving those targets will require the company to expand its workforce while maintaining verification standards and consistent service quality across a larger customer base.
Growing Investor Interest in Convenience Services
TimBuckDo’s financing comes amid broader investor activity around technology-enabled household assistance and convenience platforms in India. Pronto raised $25 million in Series B funding in March to expand its household-help offering, while AI concierge startup Hulp secured $2.6 million in seed financing in August for a platform combining technology with human-assisted household and lifestyle support. These financings point to continued interest in businesses seeking to organize everyday services through technology, flexible labor networks, and more standardized customer experiences.
The bridge round gives TimBuckDo additional resources to strengthen its platform and operations before pursuing its planned $5 million Series A financing. With backing from investors whose experience spans large-scale businesses and senior care, the startup is seeking to build a broader marketplace around student-powered convenience services while creating flexible employment opportunities for young people. Its next phase will center on translating that model into greater order volumes, wider geographic reach, and sustainable growth across India’s evolving on-demand services market.