“We encouraged people to be more active. »
A child of Indian immigrants, Payal Kadakia graduated from the Massachusetts Institute of Technology, determined to start her own business. His first two attempts failed. Kadakia then teamed up with close friend Sanjiv Sanghavi to found ClassPass, an exercise subscription service that allows users to take classes in yoga, barre, boxing, cycling and more at various studios. fitness centers and gymnasiums whose prices are prohibitive for most people. Originally launched in New York, ClassPass is now available in 39 cities in the United States, Canada, Great Britain and Australia. Over 8,000 studios offer classes through the app. Kadakia says she hopes to shift gears in the future to launch a subscription service similar to ClassPass that would offer classes and life-enriching activities (like cooking classes and massages) for people interested in personal growth. /P>
Named one of the eight women entrepreneurs to watch in 2016 by Forbes
$60 million in estimated ClassPass sales, with an enterprise value approaching $400 million
Over 17 million class reservations
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This article originally appeared in the February 2017 issue of SUCCESS magazine.
