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Akudo

DefunctYC S21

Bengaluru, IN · Founded 2020 · 20 employees · 7 known investors

Find your way into Akudo

1,175 people in our graph share verified history with the Akudo team — schools, employers, funds. One of them is your warm intro.

Marina Beveridgeunlockedknows Sajal Khanna · together at Deloitte Digital (overlapped)
knows the team · via Entrepreneur First
×10knows the team · via Y Combinator

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.

FintechIndiaSouth AsiaPartly Remote

Founders & leadership· Y Combinator alumni (S21)

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

SKSajal Khanna
Sajal KhannainCo-Founder & CEO2020–2024He previously worked at Capital One in auto-finance, focusing on credit analytics and data science.
LALavika Aggarwal
Lavika AggarwalinCo-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.
JGJagveer Gandhi
Jagveer Gandhiin𝕏Co-Founder2020–2024Founder of Akudo, a digital banking service in India that provides prepaid cards and financial education for teenagers.

Investors · 7

Amino CapitalPalo Alto · $100K – $10M
Y CombinatorSan Francisco · $500K
Cabra VCreportedLimassol
JAFCO Asiareported · 2 sourcesSingapore · $1M – $40M
Tribe Capitalreported · 2 sourcesSan Francisco · $25K – $75M

Also in the syndicate · 2

AET FundIncubate Fund India

Funding

SEC filings, press & company announcements

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

In the news

Teen-focused neo-banking platform Akudo to shut down operationszeebiz.com · Sep 2023Breaking: Akudo To Terminate Services Following RBI Directives - Startupsmeetstartupsmeet.com · Sep 2023Exclusive: Y Combinator-backed Akudo to shut down operationsentrackr.com · Sep 2023Yourstoryyourstory.com · Mar 2022Making teenagers financially independent: The story of ed-fintech startup Akudoyourstory.com · Mar 2022Akudo raises $4.2 m seed funding from Y Combinator, JAFCO Asia, others - The Hindu BusinessLinethehindubusinessline.com · Sep 2021Learning Focussed Neobank Akudo Grabs $4.2 Mn In Seed Roundinc42.com · Sep 2021Learning-First Neobank For Teenagers, Akudo Raises Funding From Y Combinator, Incubate Fund India | Startup Storystartupstorymedia.com · Aug 2021

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, Y Combinator, Cabra VC, JAFCO Asia, Tribe Capital.
Where is Akudo headquartered?
Akudo is headquartered in Bengaluru, IN.