AS

Anay Shah

Co-Founder & Partner at Stepchange

Los Angeles Metropolitan Area

Invests in

Stages:

  • Min Investment:

    $100,000.00
  • Max Investment:

    $5,000,000.00
  • Target Investment:

    $1,500,000.00

Skills

Negotiation
Decision-Making
Board of Directors
Business Development
International Development
Social Entrepreneurship
Emerging Markets
Economic Development
Economics
Strategic Planning
Financial Modeling
Entrepreneurship
Project Management
Taking New Products to Market
Renewable Energy
Strategy
Marketing
Due Diligence
SaaS
Start-ups

Work Experience

  • Co-Founder & Partner

    2023

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

Self

2023

  • 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

2018 - 2023

  • 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

2013 - 2017

  • 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

2012 - 2012

  • 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

2012 - 2012

  • 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

2009 - 2011

  • 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

2007 - 2009

  • 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

2005 - 2007

  • 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