Akudo
DefunctYC S21Bengaluru, IN · Founded 2020 · 20 employees · 7 known investors
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.
Founders & leadership· Y Combinator alumni (S21)
Akudo was founded in 2020 by Sajal Khanna, Lavika Aggarwal, and Jagveer Gandhi.
SK
Sajal KhannainCo-Founder & CEO2020–2024He previously worked at Capital One in auto-finance, focusing on credit analytics and data science.
LA
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.
JG
Jagveer Gandhiin𝕏Co-Founder2020–2024Founder of Akudo, a digital banking service in India that provides prepaid cards and financial education for teenagers.
Investors · 7
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Amino CapitalPalo Alto · $100K – $10M
Y CombinatorSan Francisco · $500K
Cabra VCreportedLimassol
JAFCO Asiareported · 2 sourcesSingapore · $1M – $40M
Tribe Capitalreported · 2 sourcesLas Vegas · $25K – $75M
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 ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
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.