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Madhu Yalamarthi
Cofounder and CEO at Modak
Madhu Yalamarthi is a prominent figure in the venture capital and fintech sectors, currently serving as the Cofounder and CEO of Modak, a fintech startup aimed at empowering teenagers through financial literacy and technology. Modak has gained significant recognition, raising $19.2 million in funding and becoming one of the highest valued Series A fintech companies in the Americas.13
Career Background
Before founding Modak in January 2022, Yalamarthi worked at GGV Capital, a global venture capital firm with $9.2 billion in assets under management. He held the position of Vice President, where he was instrumental in establishing the firm's presence in India and Latin America. During his tenure at GGV Capital, he was involved in investing approximately $200 million across 14 startups, with several achieving unicorn status.123
Yalamarthi's career also includes roles in product development and strategy across various regions, including India, Africa, and the United States. He has a strong academic background, holding a Bachelor of Technology in Aerospace Engineering from the Indian Institute of Technology, Kharagpur, and both an MBA and a Master of Science from Stanford University, where he graduated in the top 10% of his class.23
Notable Achievements
- Modak: Founded with a mission to help teens reach their potential through a gamified financial ecosystem.
- Investment Success: Contributed to the growth of multiple startups, including investments in sectors like B2B retail, EdTech, and FinTech, leading to significant exits and unicorn valuations.
- Educational Background: Graduated from prestigious institutions, showcasing a blend of technical and business acumen.
Madhu Yalamarthi's work exemplifies a commitment to leveraging technology for social impact, particularly in the financial education of young people.
