AS

Anay Shah

Founder of Stepchange

Los Angeles Metropolitan Area

Overview

Work Experience

  • Co-Founder & Partner

    2023 - Current

    Stepchange is an early stage venture fund that invests in software-enabled companies that will make a step change impact on the climate.

  • Investor & Advisor

    2023

    After 10 years building back-to-back fintech startups, I took a 6 month sabbatical in 2023 to focus on me. Now I am getting inspired by founders building a future we want to see, including as an: - Operating Partner & LP @ Outside.VC - Climate Venture Partner & LP @ Rally Cap VC - Mentor & Advisor @ Climate Tech Bootcamp - Venture Partner @ Purpose Built Venture Studio - Advisor & Scout @ Fika Ventures - LP @ Lowercarbon Capital - Investor @ Climate Capital - Climatebase Fellow - Growing direct angel portfolio

  • SVP of Global Business

    2021 - 2023

    Tala is a digital financial services product for the globally underbanked. Anay was a member of the senior executive team, reporting directly to the CEO. He oversaw a team of 300+, responsible for the P&L, strategy and operations of all markets (Africa, LatAm & Asia). See more: https://www.cnbc.com/2023/05/09/tala-disruptor-50.html

  • VP of Global Business

    2020 - 2021

  • VP of Country Growth

    2018 - 2019

    Led growth & marketing

  • Regional Director

    2016 - 2017

    NASDAQ: RELY (IPO Sept 2021) Remitly is among the largest digital remittance companies in the US, helping people $Billions globally to their family and loved ones. * Ran marketing & growth for the company's largest P&L

  • Head of International Expansion

    2014 - 2016

    * Launched company’s first 11 new markets. Defined expansion strategy, negotiated global banking relationships, and led go-to-market execution for a total addressable market of $70Bn * Managed end-to-end contract negotiations and served as sole relationship manager with global banking partners

  • Product Manager

    2013 - 2014

    * Led usability testing & design team to launch v2 iOS & Android apps * Employee #10 & first dedicated PM

  • Summer Associate

    2012 - 2012

    Opower is a SaaS energy efficiency company (acquired by Oracle) * Conducted due diligence on a strategic multi-million, multi-country, multi-year deal in Europe

  • Walmart International Summer Associate

    2012 - 2012

    * Built financial metrics for Lean Manufacturing program & designed pilot to save a projected $6.9M * Co-Winner of annual Walmart Business Case Competition, judged by Walmart CFO & Asia CEO

  • Business Development Manager

    2009 - 2011

    d.light is a start-up venture-backed global solar energy company that designs, manufactures, and distributes high-quality, affordable solar lighting & power products. d.light is serving nearly 50 million people in 62 countries. * Managed d.light India’s largest commercial distribution partnerships; generated 15% of cumulative sales (top sales performer in India) * Designed & managed d.light’s first scalable partnership with a microfinance institution to reach 500,000 new customers * Opened South Pacific market, at request of the CEO, resulting in 4 scalable partnerships in 3 months

  • Public-Private Partnership Specialist

    2007 - 2009

    Senior member of USAID (US State Dept) team on Private Sector Partnerships. Responsible for training, strategy development, and relationship management with key multinational companies. * Provided strategic consulting to USAID, NGOs, national governments, and the private sector on building public-private partnerships in Ethiopia, Nigeria, Mozambique, Senegal, Afghanistan, India, Brazil, Peru, Ecuador, El Salvador, Guatemala, Georgia, and Russia * Drove engagement & negotiations with companies including Microsoft, Kraft, Walmart, Chiquita, Gap Inc. and Bosch Siemens resulting in $7.5 million of new investment

  • Associate

    2005 - 2007

    Project management for a multi-million dollar USAID contracts in Latin America. Projects included labor standards in Central America, bank reform in Mexico, and agricultural finance.

  • Everett Public Service Fellow

    2003 - 2003

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