Akudo was founded by Sajal Khanna, Lavika Aggarwal, Jagveer Gandhi in 2020.

Who are Akudo's investors?

Akudo's investors include Amino Capital, Venture Solutions, Y Combinator, Bankia Fintech Venture, Cabra VC, Dragon Capital, Incubate Fund, JAFCO Asia and 2 more.

Where is Akudo headquartered?

Akudo is headquartered in Bengaluru, IN.

Akudo

DefunctYC S21

Bengaluru, IN · Founded 2020 · 20 employees · 12 known investors

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Akudo provides a digital banking service in India for teenagers, offering personalized prepaid cards with gamified incentives for saving and financial management. The service combines banking products with embedded financial education designed for young users.

Also known as Akudo Technologies, Inc.

FintechIndiaSouth AsiaPartly Remote

Founders & leadership· Y Combinator alumni (S21)

Akudo was founded in 2020 by Sajal Khanna, Lavika Aggarwal, and Jagveer Gandhi.

Sajal Khanna Co-Founder & CEO2020–2024He previously worked at Capital One in auto-finance, focusing on credit analytics and data science.

Lavika Aggarwal Co-Founder2020–2024Lavika Aggarwal spent six years at Capital One working in compliance and risk management, holding two patents in that domain. She holds a degree from IIT Roorkee.

Jagveer Gandhi Co-Founder2020–2024Founder of Akudo, a digital banking service in India that provides prepaid cards and financial education for teenagers.

Nimish MangalCore Team Memberuntil 2025

Abhishek GargDirector of Engineeringuntil 2025

Deepika SadhuHRuntil 2025

Investors · 12

Amino Capitallisted by Amino CapitalPalo Alto · $100K – $10M

How we know: Amino Capital's portfolio page · the VCSheet dataset · Not right? Tell us

Venture Solutionslisted by Venture Solutions

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · funding news · yourstory.com · open dataset · 5k.vc investor directory · Not right? Tell us

Bankia Fintech Venturereported

How we know: Y Combinator's founder network · Not right? Tell us

Cabra VCreportedLimassol

How we know: thehindubusinessline.com · Not right? Tell us

Dragon CapitalreportedFremont

How we know: Y Combinator's founder network · Not right? Tell us

Incubate FundreportedTokyo

How we know: Y Combinator's founder network · Not right? Tell us

JAFCO AsiareportedSingapore

How we know: funding news · thehindubusinessline.com · Not right? Tell us

Soma CapitalreportedSacramento · $100K – $300K

How we know: Y Combinator's founder network · Not right? Tell us

Tribe CapitalreportedSan Francisco · $25K – $40M

How we know: funding news · thehindubusinessline.com · Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 2

AET FundIncubate Fund India

Funding

SEC filings, press & company announcements

Undisclosed amountseed roundSep 2023
Y Combinator (lead), AET Fund, Cabra Capital, Incubate Fund India, JAFCO Asia, Tribe Capital
Source ↗
Undisclosed amountseed roundSep 2021
AET Fund (lead), Incubate Fund India (lead), JAFCO Asia (lead), Y Combinator (lead), Cabra Capital, Tribe Capital
Source ↗
Undisclosed amountPre-SeedAug 2021
Incubate Fund India, Y Combinator
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 5

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SlopeSlope provides a B2B payments platform that enables businesses to accept payments and offer financing, with a focus on digitizing the order-to-cash process for online commerce. The company uses generative AI to modernize traditionally manual B2B payment workflows.

PestoPesto Mastercard offers affordable credit for people with poor or limited credit history, positioning itself as an alternative to high-cost pawn loans. The product allows users to build credit history and improve credit scores through regular, on-time payments.

EmburseEmburse is a travel and expense management platform that helps organizations automate T&E processes, improve compliance, and gain spending visibility. The company serves enterprise teams managing corporate travel and expense administration.

SiftSift provides an AI-powered platform for fraud prevention and risk decisioning that helps digital businesses detect and manage online fraud. The platform serves companies across industries looking to reduce fraud losses while enabling secure growth.

Companies working in the same space as Akudo.

Legal entities · 1

corporate structure

Akudo Technologies, Inc.

In the news

Yourstoryyourstory.com · Mar 2022

Making teenagers financially independent: The story of ed-fintech startup Akudoyourstory.com · Mar 2022

Frequently asked questions

What does Akudo do?: Akudo provides a digital banking service in India for teenagers, offering personalized prepaid cards with gamified incentives for saving and financial management. The service combines banking products with embedded financial education designed for young users.
Who founded Akudo?: Akudo was founded by Sajal Khanna, Lavika Aggarwal, Jagveer Gandhi in 2020.
Who are Akudo's investors?: Akudo's investors include Amino Capital, Venture Solutions, Y Combinator, Bankia Fintech Venture, Cabra VC, Dragon Capital, Incubate Fund, JAFCO Asia and 2 more.
Where is Akudo headquartered?: Akudo is headquartered in Bengaluru, IN.