AI and Blockchain Startup Edubuk Secured USD 50 Million Led by Nimbus Capital
PNN
New Delhi [India], March 24: Edubuk, a fast-scaling AI and blockchain startup, has secured a $50 million strategic investment commitment from Nimbus Capital, marking a major milestone in its mission to redefine global hiring infrastructure, powered by its upcoming $EBUK reward token launch.
Founded by Apoorva Bajaj (CFA, IIT Dhanbad; IIM Kozhikode Gold Medallist, with work experience in Global Financial Markets with Goldman Sachs, DE Shaw, GlobalData) and Shivani Mehrotra (MBE from Lucknow University, Topper, UGC NET Qualified ex-Professor, Education leader, Microsoft Innovative Educator, Women in AI APAC finalist), Edubuk is tackling one of the world's largest yet overlooked problems: fake credentials and broken verification systems, impacting over 500 million profiles globally, a $50 billion+ issue.
* 100,000+ on-chain verifications
* Expanding across India, South East Asia, Middle East, Europe & Africa
At the core is TruCV, a blockchain-powered, tamper-proof CV platform integrated with DigiLocker, enabling instant credential verification, and TruJobs, an AI-driven job matching platform for employers.