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Kumar Aakash

Managing Director at DeVC

Bengaluru, Karnataka

Overview 

Kumar Aakash is currently the Managing Director at Z47 (formerly Matrix Partners India) and DeVC in Bengaluru, Karnataka. With a background in technology from Indian Institute of Technology, Bombay, he has held notable roles at Hotstar, Indus OS, and Housing.com, showcasing expertise in growth, digital products, and strategy. Aakash's investment focus includes sectors like Creator/Passion Economy, Gaming/eSports, and Web3/Blockchain, with investments in companies such as Dashtoon, Aampe, and EMTECH.

Work Experience 

  • Managing Director

    2024 - Current

  • Managing Director

    2022

    Focus areas: Software (Dev, Infra, Data, AI) and Consumer Tech (Media + Gaming) Stage: Seed to series B Portfolio: Aampe , Dashtoon, Emtech

  • SVP - Growth

    2020 - 2021

    Scaled subscriptions to 40M+ paid users

  • SVP - Digital Products and Revenue

    2019 - 2020

    Drove ads led monetisation. Scaled to $200M

  • VP - Digital Products and Revenue

    2017 - 2019

    Built Ad-tech and revenue management systems

  • Angel Investor

    2012 - 2021

    Partnered with 100+ founders as the earliest investor Consumer Tech :: Artie, Probo, Apps For Bharat, Glip, Tamasha, GoNuts, Glassbox Media, Markk App, Gamee, Uable, Creator Stack, Trell (exited), Wakao (exited) SaaS & Dev :: Leena AI, Privado, CustomerGlu, BuzzCast, Zorp, TrimPixel, Elevate, Spheron Blockchain & Crypto :: Quicknode, Stader Labs, SSV network, MoHash, Flint, Blockdaemon, PlotX Consumer :: Mosaic Wellness, Goat Brand Labs, O'Be Cocktails, App Academy, Bambinos, Kafqa Academy, Growth School, Vibecity Fintech :: Oto, Rupifi (exited), Polytrade, Basis, Gray Quest, ScanPay, Balance, Piggy B2B :: Farmart, Dukaan, Grow Simplee, Glo Roots

  • Vice President - Products & Monetisation

    2016 - 2017

    Managed and grew key monetisation focused products: Messaging and communication stack with everything social, commerce and payments embedded into the core OS experience via NLP bots App Bazaar - largest alternate apps marketplace in the country

  • Chief Strategy Officer

    2014 - 2016

    - Mergers & Acquisitions: IREF | RealtyBI | Homebuy360 | BigBHK - Corporate Development and eventual exit to ReA (News Corp)

  • Lead - Product & Business

    2014 - 2014

    Launched the Primary real estate sales business | Scaled to 60+ locations and 6K real estate developers | Pioneered the online transactions + marketplace hybrid model Built the first version of supply side products : Broker/Agent Apps | Real Estate Developer CRM | POS Tools | Property Management Apps

  • Co-Founder and CEO

    2010 - 2013

    Venture Timeline Feb 2010 - Nov 2011: 5 people team | Bootstrapped operations Dec 2011: Seed Investment | $500K | Led by strategic investor Jan 2012 - Dec 2013: 40+ team | Game development & publishing Dec 2013: Asset sale and exit

  • Consultant

    2010 - 2011

    Built the largest live event property for college students :: Indiafest

  • Co-Founder

    2008 - 2010

    Built a gamified platform for skill development for college students and skill assessment for corporates. Could not scale. Exited.

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