Exclusive Q&A With : Kapil Hetamsaria, Founder and CEO - VelvetCase
Updated on: 02 Jul 2016
Born and brought up in Mumbai and coming from humble beginnings, Kapil Hetamsaria completed his B.E. in Mechanical Engineering from VJTI, Mumbai in 1999. In 2005, he completed MBA in Finance, Strategy and Entrepreneurship from The University of Chicago Booth School of Business. Later he worked in the field of Product Management at Dell for about a year, and then went on to become the Engagement Manager at McKinsey & Co where he worked for more than 3 years. He also worked for several years at Microsoft as Director and then the Asia Lead.
In March 2013, Kapil started his own company 'VelvetCase' in India with his friend Runit Shah. A first generation entrepreneur in his family, in the last couple of years, Kapil built this portal that sells customised jewellery designs.
In an exclusive interview with CrazyEngineers, we got Kapil to talk about his venture, his biggest challenges and competitors, his future scaling up plans and a lot more! Read on!
CE: Give us a sneak peek into your work experience.
Kapil Hetamsaria: A typical academic background of any decently smart kid in India is where I began. Completed my engineering from VJTI, Mumbai which was among the premier institutions in the field of engineering with a 100+ year legacy when I started in the mid 1990s. While in engineering, I spent a full year learning how to cut and polish diamonds only because my mother wanted to get into the fine jewelry business. Post that spent 10 years in the US including a 2 yr MBA at The University of Chicago Graduate School of Business – Chicago Booth, as its now called. This was a turning point in my life since the school taught me how to think of fundamentals and to think big and create businesses that add real value. After spending a few years with global companies like McKinsey & Co., Microsoft, Dell, etc, I returned to India in early 2011 to create a new business unit for Microsoft. I led this business unit across Asia for over 18 months and grew it from a 5-person team to over 50 people in my tenure.
CE: When did you think of VelvetCase - the Online Jewellery Shopping Store?