Let's hang! Join the Toronto founder community to connect with other
founders and hear war stories from a founder who went through the
wringer and came out the other side. Meet Akshat Jagga, CEO & Founder
of Dippy AI Akshat Jagga is the co-founder of Wombo and founder and
CEO of Dippy AI. His work exemplifies the intersection of artificial
intelligence and consumer engagement, focusing on creating innovative
applications that resonate with a global audience. While studying
computer science at the University of Toronto, Jagga co-founded Wombo,
a viral lip-syncing app that utilized AI to animate user selfies into
singing videos. Launched in 2021, Wombo quickly became Canada's
fastest-growing consumer app, amassing over 60 million users and
attracting investments from notable firms, including Sound Ventures.
In 2023, Akshat transitioned from Wombo to explore new avenues in AI
applications. He co-founded Dippy AI, an open-source, mobile-first
platform offering uncensored AI companions designed for empathetic and
context-aware interactions. Dippy AI gained significant traction,
reaching over 4 million active users by 2025 and processing more than
300 million user messages monthly. Under Jagga's leadership, Dippy AI
secured $2.1 million in pre-seed funding from investors such as Drive
Capital and Hustle Fund. The platform's success is attributed to its
unique features, including anime-styled characters with persistent
memory and a chain-of-thought explanation feature that enhances user
engagement. Jagga continues to innovate in the AI space, focusing on
developing decentralized, open-source large language models optimized
for roleplay and emotional intelligence. His contributions are shaping
the future of AI-driven companionship and interactive storytelling.
Whether you're an aspiring entrepreneur, seasoned investor, or simply
curious about the future of consumer AI, join us for an engaging
fireside chat with Akshat to hear about his story of building and
growing two of Canada's hottest consumer AI companies! The Schedule
6-6:30pm: Get here, eat pizza, make friends 6:30-7pm: Fireside chat w/
Akshat Jagga, CEO & Founder of Dippy 7-7:30pm: Q&A 7:30-8:30pm: Finish
pizza, make more friends 8:30pm: End Who's behind this? NEXT is
Canada’s leading entrepreneurial network, uniting over 500 top
academics, entrepreneurs, investors, and founders to champion the next
generation of innovators. NEXT uncovers Canada’s next generation of
entrepreneurs. supercharge their ambition, and accelerate their
trajectory through access to education, mentorship and funding.
BDC Capital is the largest and most active
venture capital investor in Canada with $6B in assets under
management. BDC Capital's Seed Venture Fund is a software-focused
venture fund, helping Canadian entrepreneurs with early capital to
get ideas off the ground and build world-class companies. The Fund
looks to lead investment rounds with initial cheque sizes ranging from
$250K to $3M+ across pre-Seed, Seed, and late-Seed investments. Get in
touch with the team. Hustle Fund is an early stage venture firm that
believes great founders can look like anyone and come from anywhere.
We invest in startups all over the world and we'd love to see what
you're building. Learn more about us. We are officially part of
Toronto Tech Week 2025, a weeklong citywide collection of events to
connect and celebrate the builders. June 23 → June 27, 2025
| torontotechweek.com. **By signing up for this free event, you agree
to hear from us and our highly vetted, super amazing partners**
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10/07/2025 Last update