Forbes StaffPayal Kadakia is an Indian-American entrepreneur, dancer, and the visionary founder of ClassPass, a groundbreaking fitness and wellness platform that has redefined how people access and engage with physical activity. Known for her passion for movement and her innovative approach to problem-solving, Payal has built one of the most successful companies in the fitness industry, inspiring millions to prioritize their health and wellness.
Born on February 2, 1983, in New Jersey to Indian immigrant parents, Payal grew up immersed in both academics and the arts. She graduated from the Massachusetts Institute of Technology (MIT) with a degree in operations research and economics, combining her analytical mindset with a lifelong love for dance. Throughout her career, Payal remained committed to her artistic roots, performing and choreographing Indian classical and contemporary dance.
In 2011, Payal founded ClassPass after struggling to find a convenient way to discover and book fitness classes. Recognizing the potential to bridge this gap, she created a platform that allows users to explore and book classes across various fitness studios with a single membership. From yoga and Pilates to strength training and cycling, ClassPass makes wellness accessible, flexible, and engaging for people of all fitness levels.
Under Payal’s leadership, ClassPass rapidly grew into a global brand, operating in over 30 countries and partnering with thousands of fitness studios and gyms. The platform has facilitated millions of reservations, helping people integrate movement into their daily lives while supporting local fitness businesses.
In 2020, Payal transitioned from her role as CEO to Executive Chairman, continuing to guide the company’s mission. She is also an advocate for women in business, sharing her experiences as an entrepreneur to inspire others to pursue their passions fearlessly.
Payal Kadakia’s journey reflects her unwavering belief in the transformative power of movement and her commitment to empowering others. Through her work with ClassPass and beyond, she has become a role model for combining creativity, technology, and purpose to create meaningful change in the wellness industry.
