Payal Kadakia

Payal Kadakia

Founder & Executive Chairman

ClassPass

Payal Kadakia is an American entrepreneur, dancer, and author. She was born February 2, 1983, in Randolph, New Jersey, to immigrant parents from India. Payal Kadakia studied Indian classical dance from a young age. She went on to attend MIT, where she studied operations research. While there, she founded MIT Chamak, the university’s first Indian dance company.

Before founding ClassPass, Kadakia worked in consulting at Bain & Company and later in digital strategy at Warner Music Group. She often struggled to find and book a dance class after work. That frustration led her to launch Classivity in 2010, which evolved into ClassPass in 2013. Payal Kadakia served as CEO until 2017. She then transitioned to executive chairman to focus more on the company’s creative direction.

Under her leadership, ClassPass grew into a fitness-tech unicorn before its acquisition by Mindbody in 2021. Payal Kadakia is also the founder and artistic director of The Sa Dance Company. This organization promotes Indian dance and cultural identity through performance. In 2022, she published her first book, LifePass: Drop Your Limits, Rise to Your Potential. Read more about her company on the ClassPass page. She continues to describe herself not as a typical entrepreneur, but as “a problem solver.”

About their Startup

ClassPass is a fitness and wellness subscription platform founded by Payal Kadakia and Sanjiv Sanghavi in 2010, originally launched as Classivity before rebranding to ClassPass in 2013. The idea grew out of Kadakia’s own frustration trying to find a dance class in New York City after work, an everyday problem that led her to build a single platform connecting users to thousands of studios rather than requiring separate memberships at each one. Kadakia served as CEO until 2017, when she stepped into the role of executive chairman to focus more on creative strategy and long-term vision. Under her leadership, ClassPass grew to include over 10,000 fitness studio partners across dozens of cities in the U.S., U.K., and Canada, facilitating tens of millions of class reservations. The company raised more than $173 million from outside investors, reaching a valuation exceeding $600 million before achieving unicorn status in 2020. In 2021, ClassPass was acquired by Mindbody Inc., and in 2025 it became part of Playlist, a unified parent brand bringing ClassPass, Mindbody, and Booker together. Today, ClassPass remains one of the most recognized names in the fitness-tech space, built from Kadakia’s belief that access to wellness should be simple and flexible.

Awards & Achievements

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