TimBuckDo raises bridge round at ₹150 crore valuation ahead of planned Series A
Bengaluru-based on-demand convenience platform TimBuckDo has raised an undisclosed bridge round at a ₹150 crore post-money valuation. The company plans expansion before a Series A and is targeting ₹400 crore in gross revenue and 10,000 household orders a day over three years.
What happened
Bengaluru-based on-demand convenience marketplace TimBuckDo raised an undisclosed bridge round at a Rs 150 crore valuation. The startup will use funds for
Key facts
- Rs 150 crore post-money valuation
- Rs 6.6 crore seed funding previously raised
- Rs 400 crore gross revenue target
- 10,000 household orders per day target
- Three-year target horizon
What changed
Bengaluru-based on-demand convenience marketplace TimBuckDo raised an undisclosed bridge round at a Rs 150 crore valuation. The startup will use funds for expansion ahead of a planned Series A, targeting Rs 400 crore gross revenue and 10,000 daily household orders across India.
Why this matters
TimBuckDo’s ₹150 crore bridge-round valuation provides expansion capital, but execution now hinges on building toward 10,000 daily household orders while maintaining unit economics.
What to watch
- Number of active delivery zones and whether expansion remains Bengaluru-led or becomes multi-city.
- Progress toward 10,000 daily household orders, especially orders per active customer and repeat purchase rates.
- Average order value, delivery-fee realization, discount intensity and contribution-margin trajectory.
- New dark-store, warehouse, merchant-supply or logistics-partner announcements.
- Timing, size and investor quality of the planned Series A.
Also reported by
- Entrackr — Same time