Rajesh Agrawal | |
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Born |
Indore, Madhya Pradesh, India |
9 June 1977
Residence | London, England |
Alma mater | Prestige Institute of Management and Research, Indore |
Occupation | Deputy Mayor of London for Business |
Website | Official website |
Rajesh Agrawal (born 9 June 1977) is a British Indian entrepreneur and philanthropist who, in June 2016, was appointed Deputy Mayor of London for Business. He is best known as the founder, chairman & former CEO of London-based commercial foreign exchange company RationalFX.
Agrawal was born and educated in India and earned £65 a month until a job opportunity brought him to London in 2001.
He was featured in the Sunday Times Rich List 2012 with a £90m fortune.
Agrawal was born in Indore, India. He attended St. Paul Higher Secondary School, Indore before completing a Bachelor of Business Administration and Master of Business Administration at the Prestige Institute of Management and Research, Indore, affiliated to Devi Ahilya Vishwavidyalaya. Agrawal left Indore to work in Chandigarh at the age of 22 to work for 5,000 Indian rupees per month.
Agrawal founded RationalFX along with Paresh Davdra in 2005, initially operating from a small office in Brighton and providing foreign exchange and wire transfer services. In its first year RationalFX launched the UK's first online currency exchange system for private individuals at realtime prices. The company grew very fast and Agrawal had relocated the firm to offices in the City of London by the end of its first year.
In 2015 Rational FX reported a turnover of £1.3 billion and moved its headquarters to Canary Wharf.