


Founder Friends Toronto
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.
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