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Tsering QerlnaviChief Strategy Officer

Tsering Qerlnavi · Chief Strategy Officer · India

From assembling the comparison to questioning its proposed scale

Chief Strategy Officer

Velqerni Music Rooms

Apr 2021 — Present

Sector
Instrument retail with developing resale and rental services
Ownership
Founders 48%; regional investors 27%; employees 25%; no personal shares
Company scale
FY 2025–26 revenue ₹94 crore; operating profit ₹5.3 crore
Employees
238 at March 2026
Geography
Gangtok headquarters and twelve specialist shops
Reporting to
CEO Nisha Verqlani
Team
Nine strategy colleagues through two leads
Financial scope
₹2.1 crore annual function expense; no trading P&L or independent capital sanction

Mandate

Test alternative growth models against the work and capital they retain

Outcomes

  • Recommended a bounded consignment trial with retained obligations explicit
  • Kept idle fleet assets and scheduled rental charges separately visible
  • Preserved financial and specialist authority in enterprise recommendations

Decisions in context

The CSO appointment concentrates on alternatives and enterprise recommendations rather than category execution. Nine colleagues work through two leads within ₹2.1 crore annual function expense. I report to the CEO and work with the CFO, whose financial assessment and reporting remain distinct from my strategy account. The consignment and rental proposals required product specialists and operating managers to describe responsibilities that a funding headline could conceal. I recommended bounded steps and review conditions without independently approving capital or assuming the trading P&L. My invited presentations to directors concern those choices, not a statutory appointment. The smaller team compared with my preceding category role reflects a changed remit. It has made me more deliberate about the evidence that belongs in the recommendation and the authority that must remain with the people who will carry the resulting service.

Reason for the move

Current appointment; considering a consumer strategy mandate and prepared first outside contribution

Head of Category Development

Velqerni Music Rooms

Apr 2013 — Mar 2021

Sector
Instrument categories, demonstrations and specialist retail service
Ownership
Privately held founder-led business
Company scale
Company sales were ₹71 crore annually at the end of the appointment
Employees
192 at period end
Geography
Gangtok-led regional specialist network
Reporting to
Chief Commercial Officer
Team
Twelve colleagues through two managers
Financial scope
₹2.6 crore annual function expense; category recommendations without enterprise P&L ownership

Mandate

Compare category opportunities with their service and resource commitments

Outcomes

  • Revised the piano-room expansion recommendation personally supported
  • Included direct category service costs on a consistent limited basis
  • Recommended two trial rooms instead of the initial eight-room expansion

Decisions in context

I led twelve colleagues through two managers within ₹2.6 crore annual function expense. The role coordinated category recommendations rather than assigning me the retailer’s full trading P&L. In 2019 I supported piano-room expansion too readily on sales and gross margin. Finance and operating colleagues helped show why delivery, tuning, space and specialist capacity needed a fuller account. I revised the scale to a two-room trial while retaining the fact that pianos still had the larger absolute amount after the specified direct costs. The correction was about the basis for the investment, not a convenient reversal of which category was best. That experience prepared me for enterprise strategy by showing how my own analytical shortcut could become a larger commitment unless others had a credible route to challenge it before approval.

Reason for the move

Appointed CSO with enterprise alternatives and portfolio recommendation responsibility

Planning Manager

Velqerni Music Rooms

Apr 2006 — Mar 2013

Sector
Musical-instrument retail planning
Ownership
Private founder enterprise
Company scale
Retail revenue reached ₹38 crore annually by departure from this role
Employees
119 at period end
Geography
Gangtok and regional instrument markets
Reporting to
Head of Finance and Planning
Team
Eight planning colleagues
Financial scope
₹1.2 crore annual planning expense; investment approvals retained by executives

Mandate

Follow the operating commitments behind retail growth proposals

Outcomes

  • Connected commercial alternatives with instrument-service requirements
  • Brought store knowledge into planning assumptions
  • Distinguished material dependencies from preference for an existing format

Decisions in context

Joining Velqerni let me follow the work after the investment paper had been approved. Eight colleagues supported planning within ₹1.2 crore annual expense, while executives retained investment authority. Instrument categories differed in the demonstration, handling and later service they required. Store specialists could explain those differences more clearly than a generic cost ratio. I wanted their knowledge in the comparison without making every complication a reason to reject a new format. The appointment taught me to ask which dependency could change the choice, who could assess it and what further evidence was proportionate to the commitment. That practical connection between analysis and execution became important later when I needed to revise a proposal I had supported. It also made me less willing to treat the end of a planning exercise as the end of responsibility for its assumptions.

Reason for the move

Promoted to coordinate category development and investment recommendations

Project Supervisor

Darqavni Commercial Studies

Apr 1999 — Mar 2006

Sector
Commercial comparisons and business-planning research
Ownership
Private professional partnership
Company scale
Annual company advisory fees stood at ₹19 crore by departure
Employees
64 at departure
Geography
Regional commercial assignments coordinated from Gangtok
Reporting to
Engagement Director
Team
Six commercial-analysis colleagues
Financial scope
₹74 lakh annual delivery expense; client decisions and capital approvals separate

Mandate

Make commercial assumptions and disputed dependencies inspectable to client owners

Outcomes

  • Preserved material objections in shortened decision presentations
  • Identified the basis and exclusions behind compared amounts
  • Brought assumption owners into the recommendation discussion

Decisions in context

I supervised six analysts within ₹74 lakh annual delivery expense. Clients retained their decisions, and their finance specialists reviewed the commercial assumptions. My task was to make the comparison clear without making it falsely simple. I saw how an unresolved objection could disappear when a detailed working document became a short executive presentation. I began asking the owner of the assumption to explain its consequence directly so the final recommendation did not imply consensus that had never been reached. The role required discipline from me as well: a preference for one analytical method was not proof that an alternative was unsound. I moved into retail to follow those assumptions after approval and understand how the proposed commitments were actually carried by the business, rather than stop at the point where the client accepted the paper.

Reason for the move

Joined an instrument retailer to connect analysis with continuing operating commitments

Commercial Analyst

Darqavni Commercial Studies

Jun 1992 — Mar 1999

Sector
Commercial analysis and planning support
Ownership
Privately owned advisory partnership
Company scale
Company annual service fees of ₹7 crore at period end
Employees
27 at period end
Geography
Gangtok-based client research
Reporting to
Senior Commercial Manager
Team
Individual contributor in a four-person analysis group
Financial scope
Research and comparison remit without independent spending or investment authority

Mandate

Establish what each number described before using it to compare alternatives

Outcomes

  • Separated estimates, allocations and commitments in working papers
  • Prepared assumptions for senior review
  • Learned to retain the basis behind a concise comparison

Decisions in context

I joined after completing commerce studies in 1992 and worked in a four-person analysis group. My assignment was to prepare research and comparisons for senior review, not to approve spending or decide a client’s investment. The work taught me that adjacent numbers could describe different things even when the table made them look comparable. A sales estimate, an allocated expense and a future commitment required different questions. I learned to record the basis and the exclusions before using a figure to support an alternative. That was a modest responsibility, but it shaped the way I later approached more consequential proposals. I also learned that a polished presentation could hide an unresolved assumption, so the reviewer needed a route back to the evidence rather than only confidence in the person who assembled the table.

Reason for the move

Promoted to supervise commercial research engagements

What I am looking for next

I would consider a strategy mandate in a consumer business evaluating new formats, service models or uses of capital. The role should let the team examine the continuing work behind an attractive revenue line and bring finance, operations and product specialists into the choice before its scale is fixed. I would want clear recommendation authority alongside the people who approve and execute the commitment. A first outside contribution could concern commercial assumptions and staged investment after further governance preparation. I would propose twenty-six annual days initially, including reading, induction, travel and exceptional demands, and assess that against my executive calendar. My board exposure consists of invited strategy presentations, with no statutory appointment. An experienced chair should help define the contribution beside other financial and sector expertise. I would avoid an appointment that expects confidential access to my employer’s future formats or requires an outside director to become the receiving company’s informal strategy manager.