Networking startup TapChief bags worth $650,000 from number of investors

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TapChief, a networking platform for professionals, based out of Bengaluru has bagged $650,000 from over 50 investors including SEA-based VC Firm 500 Startups, AngelList India, Stanford Angels, and SucSEED Venture Partners.

Other prominent angels in the round include Ritesh Malik (Founder of Innov8), Sachin Oswal (Co-founder of Infibeam), among others.

The platform will use the funds to expand its team and accelerate product development.

“An increasing number of highly-skilled professionals want the freedom to work on challenging problems and teams without a full-time job. We are de-risking the concept of remote independent work by creating thousands of solopreneurs who help businesses achieve key objectives everyday. Bringing on such accomplished partners will serve to help our cause in this journey of changing the way India works,” Shashank Murali, co-founder and CEO of TapChief said.

The company TapChief, was founded by Murali, Binay Krishna and Arjun Krishna in 2016. It pivoted from an online advice platform to a full-stack future of work platform in mid-2017.

The startup enables both sides (businesses and professionals) through an array of proprietary technology solutions to manage everything from discovery to payments.

At present, the startup is looking to empower a million professionals to earn viable incomes without a full-time job.

The company claims to have over 75,000 professionals who use the platform to aggregate their personal brands online, learn from experts, and work with businesses on gigs.

Existing investors Paytm, NuVentures, and Aprameya Radhakrishna (Founder of Vokal and Taxi for Sure) also participated in the round alongside a number of marquee angel investors like Kunal Shah, (Founder of Freecharge and CRED), Mekin Maheshwari (ex-CPO of Flipkart), and Amit Ranjan (Founder of Slideshare).

Also, the startup states that the platform has enabled gigs worth more than a million dollars to date.

With a team of 35 based in Bengaluru, it is looking to add a million professionals on the platform in 2019.

Various other startups fall under the similar category which includes Careerfutura, YoungBuzz, Careers360, Innoneur, MeraCareerguide.com, MyMBACircle.com, etc.

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