Akudo

Akudo YC Application

Summer 2021Inactive

Akudo went through Y Combinator in the Summer 2021 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Summer 2021
Industry
FintechPayments
Team size
20
Status
Inactive
Launched
2021

Founders

  • Sajal Khanna
    Sajal KhannaFounder
  • Lavika Aggarwal
    Lavika AggarwalFounder
  • Jagveer Gandhi
    Jagveer GandhiFounder

What Akudo does

Akudo is a digital bank for teenagers in India that gets them their own sleek, personalized prepaid card that they can use independently, helps them save money and gives them exciting rewards under a gamified setup when they're good at their personal finance. We are crafting the concept of "Learning-first Banking" where financial learning is seamlessly intertwined with full scale banking.

Akudo's YC application, reconstructed

Y Combinator application

Akudo, Summer 2021 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Akudo

Describe what your company does in 50 characters or less.

India's first learning-focused neobank for teens

What is your company going to make? Please describe your product and what it does or will do.

We're building a digital bank specifically for teenagers in India. Akudo issues personalized prepaid cards that teens can use independently, combined with tools that help them save money and learn personal finance through rewards and gamification. It's banking designed to teach teens financial responsibility as they use real money.

Where do you live now, and where would the company be based after YC?

We live and work in Bengaluru, Karnataka, India, and plan to keep the company based here after YC.

Explain your decision regarding location.

Bengaluru is India's top fintech hub with access to talent and partners. We're building for Indian teenagers, so it makes sense to be close to our users and local banking infrastructure.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Akudo YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Akudo's public data (launch notes, founder backgrounds, product description). It shows how a company like Akudo would present itself to YC, not the text they submitted.

What YC batch was Akudo in?

Akudo was part of the Y Combinator Summer 2021 batch.

Who founded Akudo?

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

What does Akudo do?

India's first learning-focused neobank for teenagers

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Akudo's application, and every other YC batch, is in YC Insights.

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