Akshay Verma

Co-Founder

Delhi, India17 yrs 5 mos experience
Most Likely To SwitchAI Enabled

Key Highlights

  • 17+ years of experience in investment banking and entrepreneurship.
  • Founded award-winning social venture recognized by President Obama.
  • Co-founded India's largest fitness app with over 1.1 million users.
Stackforce AI infers this person is a Social Entrepreneur with a strong background in Investment Banking and Health & Fitness technology.

Contact

Skills

Core Skills

Business StrategyEntrepreneurshipBusiness DevelopmentCustomer ExperienceSocial ImpactSocial EntrepreneurshipSustainabilityPolicy DevelopmentProduct DevelopmentUser ExperienceConsultingLeadershipCommunity BuildingEducationInstructionInvestment BankingFinancial Services

Other Skills

A.I. led coaching plansAccretion/dilutionAgricultural InnovationBuilding RelationshipsCapital MarketsCash Flow LendingClient CoverageCommunity DevelopmentCommunity EmpowermentCorporate FinanceCredit ModelingCurriculum DevelopmentDebt RestructuringEconomicsEntrepreneurship Initiatives

About

With 17+ years of professional and entrepreneurial experience, Akshay worked as an investment banker in London before moving back to India to deep dive into his entrepreneurial adventures. Educated at St.Stephen's College, University of Oxford and Columbia University, Akshay is consistently identified as a young business leader, and is frequently invited to top business schools such as London Business School, Oxford, Columbia, IIMs, XLRI, Symbiosis, etc. to share his experiences. A sportsman and debater in his university days, Akshay has worked with several social initiatives in the past and continues to do so today in his spare time. In his past life as a Investment Banker in the Leveraged & Acquisition Finance and Private Equity Group at UBS Investment Bank, London, his focus area included origination and capital markets execution of leveraged loans, investment grade loans and high yield bonds for private equity and corporate clients across industry sectors, currencies and EMEA jurisdictions. With expertise in business and credit analysis, strategic proposals and stakeholder relations and a strong skill-set in building and maintaining complex financial models, identifying key drivers and offering tailored business solutions, Akshay set up Agratam India - a globally recognised award winning social venture operating in Bihar that converts unproductive waterlogged lands into profitable fish farms. Akshay also co-founded a unique online information discovery platform (Skillhippo) which he wound up to build FITPASS - India's largest full stack app-based fitness and lifestyle product offering a universal fitness membership to 7500+ gyms and fitness studios along with A.I. led coaching plans, personal nutritionist assistance and more!

Experience

Confederation of indian industry

Member, CII Regional Special Task Force on Entrepreneurship and Start-ups

Jun 2016Present · 9 yrs 9 mos · New Delhi Area, India

  • This Task Force has been constituted to develop North India as an Entrepreneurship and Startup Hub, to conduct policy research, launch and implement Entrepreneurship initiatives in Northern Region States of India and to build a Regional Network of Start-up communities for Entrepreneurs and affiliates.
Policy ResearchEntrepreneurship InitiativesNetworkingEntrepreneurshipPolicy Development

Fitpass

Co-Founder

Jan 2015Present · 11 yrs 2 mos · New Delhi Area, India

  • FITPASS is your universal fitness membership to India's largest network of top gyms and fitness studios. With over 1.1 million monthly active members across India, FITPASS is single handedly making fitness affordable, accessible and fun through technology, data and intelligence. It is everything you need to get fit and stay fit! All-access universal smart membership to thousands of gyms, A.I. led coaching plans, personal nutrition assistance and more on your fingertips! #YourFitnessYourWay. Become a FITSTER here: https://fitpass.co.in/app
  • FITPASS members can workout anywhere, anytime across 7500+ locations with access to gyms, yoga, pilates, zumba, kickboxing, crossfit, MMA, spinning, aerobics and much more! All with one FITPASS membership!
  • FITPASS-Awesomeness:
  • 1. Workout anywhere, anytime: across India's largest network of premium gyms and fitness studios - workout close to home, office, etc. FITPASS curates a network of very high quality assets that offer unparalleled variety, depth and density and includes the likes of Virat Kohli's Chisel, Reset, Yasmin Karachiwala's Body Image, Sportsfit by MS Dhoni, Vinod Channa Fitness, Bharat Thakur Yoga, Mickey Mehta, Sarva Yoga, Crush Fitness, Qi, Elixir, Snap Fitness, Gold's Gym and thousands others.
  • 2. Workout however you want: gym, yoga, zumba, pilates, crossfit, kickboxing, MMA and many many more across 7500+ premium gyms and fitness studios in 40+ cities pan-India! All with one FITPASS membership!
  • 3. ARIA, Your Personal Smart Fitness Coach: Proprietary Advanced Recommendation Engine for Intelligent individual Assistance works with each user to personally curate routines based on their fitness levels and goals with assistance through smart instruction videos on the FITPASS app.
  • 4. Dedicated Personal Nutritionist: real time assistance from expert nutritionists and dietitians on the FITPASS app to quickly achieve your health, fitness and weight loss goals
  • #HumFitTohIndiaFit #EatSleepDisrupt #InItToWinIt
Business DevelopmentClient CoverageFinancial ModelingA.I. led coaching plansPersonal nutrition assistanceBusiness Strategy+1

Echoing green

Graduate Consultant

Dec 2012May 2013 · 5 mos · Greater New York City Area

  • With support from Rockefeller Foundation, worked with a team of Columbia University graduate students to design a framework - the "impact blueprint" - to evaluate impact in early- stage social ventures. Our tool is to help bridge the capital gap between investors and early-stage social enterprises. This gap, they hypothesized, is in part due to misaligned expectations of social impact and existing models to assess risk. This led Echoing Green to question how investors and entrepreneurs, in the pre-investment stage, can better understand an enterprise’s impact potential and increase the chances of achieving their desired impact.
Impact EvaluationSocial VenturesFramework DesignConsultingSocial Impact

Sipa, columbia university

Instructional Departmental Research Assistant, Nonprofit Financial Management

Sep 2012Dec 2012 · 3 mos · Greater New York City Area

  • Responsible for teaching recitation/discussion sections and tutorials
  • Also responsible for grading assignments, group work, midterm and final exams
TeachingGradingCurriculum DevelopmentEducationInstruction

Agratam india

Director

Mar 2012Present · 14 yrs · New Delhi Area, India

  • Agratam India is a globally recognised social venture that is working in Bihar, India to generate economic value by harnessing the inherent opportunities that exist in rural economies and concurrently generate social value by empowering local communities. Our Founder, Akshay Verma, was personally invited and felicitated by President Obama, at the Global Entrepreneurship Summit in 2015, in recognition of our innovative work to bring unproductive waterlogged lands into productive use through fish farming and the large scale impact of our interventions on rural economies - Akshay was the only entrepreneur to receive such recognition by President Obama at this Global Stage. Furthermore, Agratam India's pioneering work is also a case study at the University of Oxford.
Social EntrepreneurshipCommunity EmpowermentSustainable PracticesSocial ImpactEntrepreneurship

Skillhippo.com

Founder & Director

Feb 2012Jan 2015 · 2 yrs 11 mos · New Delhi, India

  • Skillhippo.com offers synthesised and convenient information for users to help them make informed decisions on trainers. It empowers users to choose the best trainer based on relevant criteria such as: Price, Location, Reviews & ratings, Capability levels (beginner, intermediate, advanced) and gives them the ability to easily compare classes, workshops and trainers.
Information DiscoveryUser ExperienceTrainer ComparisonEntrepreneurshipProduct Development

Sipa, columbia university

President, School of International & Public Affairs Student Association (SIPASA)

Jan 2012Jan 2013 · 1 yr · Greater New York City Area

  • Served as the President of the Students' Association of the School of International and Public Affairs, Columbia University. Over 1500 students from 110 countries form the diverse and energetic student body at SIPA.
LeadershipStudent EngagementEvent ManagementCommunity Building

Ubs investment bank, london

Associate, Leveraged & Acquisition Financing and Financial Sponsors Group

Jul 2008Sep 2011 · 3 yrs 2 mos · London, United Kingdom

  • Primarily responsible for modelling, credit analysis and writing internal credit papers
  • Also responsible for recruiting, training and mentoring junior Analysts and MBA Associates in my team
  • Representative transactions include:
  • Leveraged Buy Outs:
  • LBO (bridge to senior secured notes) of Evonik Carbon Black, a European speciality chemicals company by Rhone Capital and Triton Partners
  • LBO (senior/mezzanine debt) of IMCD, a European speciality chemicals company by Bain Capital
  • LBO (all senior debt) of eDreams, an online travel agency by Permira Advisers
  • Acquisition Finance/ Investment Grade Loans:
  • $45bn cash-offer by BHP Billiton Plc., leading global metals and mining company, to acquire Potash Corp. of Saskatchewan Inc.
  • CHF2.0bn Bridge to Equity to Holcim Ltd., leading global suppliers of cement, aggregates, concrete and construction-related services, to acquire Cemex Australia and Huaxin Cement, China
  • High Yield Bonds:
  • £250m Senior Secured Notes (part of a £1bn Medium Term Note programme) and £225m loan facilities for Southern Water, a water and wastewater services company based in England and Wales
  • €200m Senior Notes issuance by Quiksilver, leading manufacturer of surfwear and other boardsport-related equipment
  • $400m Senior Notes issuance by Petroplus Holdings, leading independent refiner and wholesaler of petroleum products
  • Debt restructuring:
  • £700m debt restructuring for Doncasters Plc., UK based manufacturer of precision-engineered parts
Financial AnalysisCredit ModelingTransaction StructuringInvestment BankingFinancial Services

Education

University of Oxford

Master of Financial Economics

Jan 2007Jan 2008

Columbia University

Master of Public Administration

Jan 2011Jan 2013

St. Stephen's College, Delhi

B.A. (Hons.) — Mathematics

Jan 2004Jan 2007

Delhi Public School Vasant Kunj

High School — Science with Economics

Jan 1994Jan 2004

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