# Shajikumar Devakar

> Shajikumar Devakar is a seed investor in Bengaluru backing FinTech and Finance. See 3 investments, round sizes, portfolio and contact details. Updated Aug 2026.

- Type: Angel Investor
- Location: Bengaluru, India
- Total investments: 3
- Last investment: Jun 2023
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://in.linkedin.com/in/shajikumar-devakar-9058a611b
- Facebook: https://www.facebook.com/shajikumar.devakar

Shajikumar Devakar is a seed investor in Bengaluru focused on FinTech and Finance. Shajikumar Devakar is the Co-Founder & CEO of Neo Wealth and Asset Management. He previously worked at 360 ONE Wealth as a Executive Director. Shajikumar Devakar attended the St Joseph's Institute of Management.

## Contacts

5 contacts available for Shajikumar Devakar: work email, personal email, work phone, personal phone and socials. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-email/shajikumar-devakar-3106?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 1 | 33% |
| Finance | 1 | 33% |
| Nutrition | 1 | 33% |
| Automotive | 1 | 33% |
| Organic Food | 1 | 33% |

12 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 67% |
| Funding Round | 1 | 33% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| KarmaLifeAI | KarmaLifeAI is an AI-powered digital solution for the financial well being of blue-collar gig workers and micro-business. The company allows the user to pay directly for key expenditures and smoothen their consumption patterns. It offers real-time access to credit for gig workers, based on their payroll account, through partnerships with thedigital platforms they work for. It operates an interest-free subscription model in which the platform or the gig worker can pay a flat fee and access credit equalling up to one-third of their monthly income. The company analyzes alternative data points and payment behavior over time to unlock higher credit lines for the workers. | $5.3M | Seed | Jun 01, 2023 | https://karmalife.ai/ |
| Oben Electric | Oben EV is an electric vehicle company developing new electric 2-wheelers in-house with indigenously developed components to deliver high quality products for the Indian market & founded by IIT Kharagpur & IIM Bangalore Alumni.Oben’s vision is to use technology as a tool to become the market leader by developing reliable, performanceoriented, and connected electric 2-wheelers with world class designs for the customers. | $500K | Seed | Jan 24, 2022 | https://www.obenev.com/ |
| WickedGud | WickedGud is to make eating guilt-free, and change the way the world consumes comfort foods for the better by using indigenous, high nutrition ingredients. WickedGud is an online store that offers nutritious snacks from pizza to noodles. It creates a habitual indulgence made from nutrition-rich ingredients that are plant-based and have nopreservatives. WickedGud bridges the gap between tasty junk food and boring healthy food. It has no artificial colours, pro prortein and nutritious. | $2.2M |  |  | https://wickedgud.com/ |

3 of 3 investments shown.

## Co-investors
- [Artha Group](https://shizune.co/investors/profile/artha-india-ventures) — VC Fund, 1 deal together
- [Asiana Fund](https://shizune.co/investors/profile/asiana-fund) — VC Fund, 1 deal together
- [GrowthCap Ventures](https://shizune.co/investors/profile/growthcap-ventures) — VC Fund, 1 deal together
- [LogX Ventures](https://shizune.co/investors/profile/logx-ventures) — VC Fund, 1 deal together
- [Netgraph Investment](https://shizune.co/investors/profile/netgraph-investment) — VC Fund, 1 deal together
- [Orios Venture Partners](https://shizune.co/investors/profile/orios-venture-partners) — VC Fund, 1 deal together

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## FAQ

### What does Shajikumar Devakar invest in?

Shajikumar Devakar invests primarily in FinTech, Finance and Nutrition startups, most often at Seed and Funding Round stage. Most of the 3 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Shajikumar Devakar?

Public channels for Shajikumar Devakar include LinkedIn and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### When did Shajikumar Devakar last invest?

The most recent investment recorded for Shajikumar Devakar closed in Jun 2023. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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