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Sanjana VelnqeriChief Executive Officer

Sanjana Velnqeri · Chief Executive Officer · India

From buying the range to choosing the network

Apr 2021 — Present

Chief Executive Officer; Executive Director from July 2022

Kelqevni Travel Goods

Sector
Travel bags, backpacks, retail and bag-care services
Ownership
Founders 40%; growth investor 50%; employees 10%, including personal 2%
Company scale
₹96 crore company revenue;₹5.9 crore operating profit FY 2025–26
Employees
280 in March 2026, including eighteen acquired service colleagues
Geography
Pune; twelve owned shops, two trading franchise-pilot shops and online retail at March 2026
Reporting to
Board of directors chaired separately by Raman Qelrnavi
Team
Seven executive direct reports
Financial scope
Enterprise P&L; material capital reserved for board approval

Mandate

Shape a supportable retail network and its continuing customer-service capabilities

Outcomes

  • Closed an earlier sponsored location after a wider network review
  • Established two trading franchise-pilot shops with other location states explicit
  • Acquired and integrated an eighteen-person bag-care capability

Decisions in context

I became CEO in April 2021 and an executive statutory director in July 2022, with the later board appointment concurrent with my management role. Seven executives report to me, and material capital requires board approval. I hold 2%within the employee share portion and work with a separate chair and CFO. The role connects choices about owned shops, partners, online operations and service rather than allowing each channel to present an isolated growth account. I have to explain both what has become operational and what remains unfinished. The prestige closure also required me to revisit a decision I had sponsored as COO. My current board seat is executive, not independent, and a possible outside contribution would need a separate assessment of relationships, capacity and preparation rather than assuming that my existing title settles those questions.

Reason for the move

Current role; open to a suitable retail CEO mandate and one compatible outside board contribution

Concurrent appointment

The executive statutory directorship began in July 2022 alongside the continuing CEO appointment that started in April 2021.

Apr 2016 — Mar 2021

Chief Operating Officer

Kelqevni Travel Goods

Sector
Regional travel-goods retail and fulfilment
Ownership
Founder-controlled business with minority external investment during the period
Company scale
₹71 crore annual company revenue at period end
Employees
231 at period end
Geography
Pune and regional owned-shop network
Reporting to
Chief Executive Officer
Team
Five functional leads across retail, fulfilment and service
Financial scope
₹18 crore annual operating expense; material capital separately approved

Mandate

Coordinate the operating network and the resources behind retail commitments

Outcomes

  • Connected shop openings to staffing and service requirements
  • Sponsored the 2019 prestige location and its approved investment
  • Built experience of costs extending beyond the opening milestone

Decisions in context

I coordinated five functional leads and ₹18 crore annual operating expense, with material capital approved separately. The role made me responsible for the work behind a retail promise:people, stock movement, customer access and service. I sponsored the 2019 prestige opening because I believed the location would strengthen the brand and its market presence. The later account showed that I had given visibility more weight than the operating evidence could sustain. At the time, I learned how quickly an opening milestone can become a personal success story that influences subsequent judgement. Becoming CEO required me to reassess that sponsorship from the enterprise perspective, including the wider network effects and the cost of exit. The move widened my accountability from making the chosen network operate to recommending which parts should continue to belong.

Reason for the move

Appointed CEO with enterprise performance responsibility

Apr 2009 — Mar 2016

Regional Retail Head

Kelqevni Travel Goods

Sector
Travel bags and backpacks sold through regional shops
Ownership
Privately held founder enterprise
Company scale
₹43 crore annual company revenue at period end
Employees
154 at period end
Geography
Six shops in the western regional remit
Reporting to
Retail Director
Team
Seventy-two colleagues through six shop managers
Financial scope
₹5.6 crore annual regional operating expense

Mandate

Make regional shop operations support the range and customer journey

Outcomes

  • Connected assortment choices to local operating work
  • Examined customer access alongside shop performance
  • Developed managers to explain the consequences of central decisions

Decisions in context

I led seventy-two colleagues through six shop managers with ₹5.6 crore annual operating expense. The regional role showed how a central range decision became staffing, display and customer-service work in each location. A shop's direct result mattered, but it was not the whole account of its role. Customers could examine a product locally and buy through another route, while a visible location could still fail to justify the resources it consumed. I learned to ask managers for evidence on both sides rather than accept either a simple local ranking or an untested claim of brand importance. The appointment prepared me for operations leadership by connecting the shop account to the network around it. It also showed why a manager needs authority and support to explain a difficult result honestly.

Reason for the move

Promoted to coordinate enterprise operations

Apr 2002 — Mar 2009

Buying Manager

Pervqeni Retail Merchandising

Sector
Retail buying and merchandising services
Ownership
Private partner-owned enterprise
Company scale
₹28 crore annual service revenue at departure
Employees
93 at departure
Geography
Western India retail clients
Reporting to
Merchandising Director
Team
Eight buying and coordination colleagues
Financial scope
₹14 crore annual merchandise envelope approved by clients; client capital commitments retained by clients

Mandate

Coordinate approved ranges and supplier commitments for retail clients

Outcomes

  • Connected assortment plans to practical shop requirements
  • Tracked the work following a buying decision
  • Managed client-approved purchasing without assuming their capital authority

Decisions in context

I led eight colleagues and coordinated work within a ₹14 crore annual merchandise envelope approved by clients. That figure described the purchasing scope, not my employer's revenue or authority to open shops. Clients retained their capital and retail decisions. The work taught me to ask what a range required after the buying meeting:deliveries, space, staff explanation and a route for resolving a problem. A coherent central presentation could leave local teams carrying an unrecognised burden. I became interested in the whole retail operation rather than the merchandise account alone. Joining Kelqevni gave me responsibility for shops and colleagues who lived with those choices, and an opportunity to see whether the assumptions made during buying actually survived in the customer journey. That move began the operating part of my career.

Reason for the move

Joined Kelqevni to lead regional retail operations

Jun 1996 — Mar 2002

Merchandising Coordinator

Pervqeni Retail Merchandising

Sector
Retail product coordination
Ownership
Privately owned merchandising partnership
Company scale
₹10 crore annual service revenue at period end
Employees
38 at period end
Geography
Pune and regional retail assignments
Reporting to
Senior Buyer
Team
Individual contributor in a six-person client team
Financial scope
No independent purchasing or spending authority

Mandate

Prepare product information and coordinate approved supplier schedules

Outcomes

  • Learned the sequence behind a retail range commitment
  • Kept product information aligned with approved schedules
  • Prepared supplier issues for senior buying review

Decisions in context

I joined after commerce studies and worked in a six-person client team without direct reports or independent purchasing authority. My tasks concerned product information, supplier schedules and the practical follow-through after a range was approved. Senior buyers held the commercial commitments. I saw that an attractive presentation depended on many ordinary actions being completed in the right order, and that an unresolved supplier question could travel into a shop as a customer problem. At that stage I prepared the evidence and escalated issues rather than deciding the response. The experience gave me respect for the work that follows a visible commercial announcement. It also created the interest that later took me through buying and operations:understanding who carries the obligation after a decision has been made and what support they need to fulfil it.

Reason for the move

Promoted to buying management

What I am looking for next

I would consider a retail CEO mandate where the owners want a coherent account of the network and its continuing customer obligations. The role should allow management to revisit a location it once sponsored, to fund partner support explicitly and to treat integration as part of an acquisition decision. I would want a clear relationship with a separate chair and a board willing to examine both the opportunity and the work it creates. One compatible outside non-executive appointment could draw on that enterprise experience, but my current executive directorship and shareholding require careful relationship and capacity assessment. Twenty-six proposed annual days are an initial allowance, not a promise independent of the receiving company's needs. Further preparation for an independent outside role remains necessary. I would seek a chair who values challenge on retail commitments without asking an outside director to run its shops or disclose another company's restricted commercial plans. Specialist financial and legal advice should remain available for decisions requiring it.