Rajesh Agrawal is the Deputy Mayor of London for business.
Rajesh was born and raised into a working class family in Indore, a small town in
central India. After finishing his education in 1999, he picked up his first full time
job of selling website designing for 5,000 rupees (£50) a month.
In 2001, Rajesh got an opportunity to move to London and aged 24, Rajesh made
his first journey outside India arriving in London with £200 in his pocket.
After working in IT support in a small business in London, Rajesh started his
entrepreneurial journey. As an entrepreneur, he founded RationalFX in 2005,
and Xendpay in 2014, both companies utilising technology to reduce the cost of
international money transfer for small businesses; individuals. With opportunity
and hard work, from two person start up, RationalFX became one of the leading
deliverable foreign exchange provider in Europe.
Sadly, not everyone gets that opportunity - inequality exists and one in four
Londoners live in poverty. This is what inspired Rajesh to get more involved in
community work and public service.
Rajesh is passionate about promoting entrepreneurship and creating opportunities
for young people. He is the Chair of Oxfam’s Enterprise Development
Programme, a Patron of the Prince’s Trust and a former Trustee of the Cherie
Blair Foundation for Women
As Deputy Mayor Rajesh aims to be a strong voice for London’s business
community, protecting jobs and growth, and ensuring that the capital remains the
most open and attractive place to do business in the world. He is the Chairman
of London Partners, London’s official investment and tourism promotion
agency and Deputy Co-chair of London Economic Action Partnership
(LEAP), which identifies strategic actions to support and lead economic growth
and job creation in the capital. Rajesh chairs Skills for Londoners Business
Partnership that works to improve and better align skills provision to meet skills
needs in London. Rajesh is a Board Member of TheCityUK , that champions the
UK-based financial and related professional services industry and of MedCity ,
supporting and growing life sciences ecosystem
Rajesh is a Fellow of the Royal Society for the encouragement of arts,
manufacturers and commerce, a Freeman of the City of London, was Young
Entrepreneur of the Year by Asian Whos Who and was awarded Young
Entrepreneur of the Year by the Public & Political Life Awards by Baroness Betty
Boothroyd in the Parliament