The basic answer is No, Akbar isn't contemporary to Sri Krishna Devaraya.
The rule of Sri Krishna Devaraya was during the period 1509 to 1529 AD.
Sri Krishna Devaraya
His counterparts in north India (Delhi) were Sultans of Delhi from the Lodi tradition for most piece of the time - Sikander Lodhi (rule 1489 - 1517 AD) and Ibrahim Lodi (1517 - 1526 AD).
In the skirmish of first Panipat, the attacking Babur (Zahir-ud-clamor Muhammad) executed Ibrahim Lodi on 21st April 1526 and established the framework for Mughal domain in 1526.
Thus, Babur was contemporary to Sri Krishna Devaraya just during his later piece of rule for only 3 years. Sri Krishna Devaraya vanished disease in the later piece of 1529 AD subsequent to blessing his sibling Achyuta Devaraya as ruler (rule 1529 - 1542 AD).
Babur himself passed on 26th December 1530 AD followed by his child Humayun (rule 1530 - 1540 AD and 1555 to 1556 AD). Akbar's (Jala-ud-noise Muhammad) reign began in 27 Jan 1556 and finished on 27 Oct 1605.