FOLIO 1Apr 2021 — Present
Chief Product Officer
Veqmari Finish Exchange
- Sector
- Marketplace for unused surplus tiles and non-structural interior finishes
- Ownership
- Founders 49%, employee vehicle 19%, regional fund 32%; no personal shares
- Company scale
- ₹48 crore FY ending March 2026 service revenue; ₹290 crore merchandise value reported separately
- Employees
- 210 company employees
- Geography
- Jaipur headquarters and regional Indian seller relationships
- Reporting to
- CEO Lalitha Qemzavi
- Team
- 34 product colleagues through four leads
- Financial scope
- ₹7.2 crore FY 2026–27 function expense; separate ₹1.6 crore discovery programme
Mandate
Shape marketplace quantity, selection and transaction commitments around supported service arrangements
Outcomes
- Introduced a bounded partial-lot route with the remainder retained
- Separated saving, hold requests and seller confirmation
- Made batch identity visible during selection
- Removed automatic substitution from the alternative-material proposition
Decisions in context
I became CPO in April 2021 with responsibility for the product proposition across discovery and transaction stages. My 34 colleagues work through four leads within ₹7.2 crore FY 2026–27 expense and a separately approved ₹1.6 crore discovery programme. Lalitha retains enterprise commitments; engineering, seller operations, quality, legal and finance keep their own decisions. Company service revenue of ₹48 crore and merchandise value of ₹290 crore describe different accounts. The partial-lot programme challenged my own preference for clearance simplicity. Later work clarified holds, batch identity and the point at which a suggested alternative requires buyer-led review. I have neither a personal shareholding nor a statutory seat. The next chapter should turn those experiences into oversight questions while preserving the distinction between shaping a product and approving another enterprise's materials, contracts or operating commitments.
Reason for the move
Continuing product leadership while preparing for a first external board role
FOLIO 2Jul 2015 — Mar 2021
Head of Product
Veqmari Finish Exchange
- Sector
- Regional surplus-finish marketplace services
- Ownership
- Privately held marketplace enterprise
- Company scale
- ₹31 crore company service revenue for FY ending March 2016
- Employees
- 156 company employees
- Geography
- Indian regional trade and project-buyer relationships
- Reporting to
- Chief Executive Officer
- Team
- 22 product colleagues through three leads
- Financial scope
- ₹3.8 crore annual function expense
Mandate
Connect a browsable catalogue with the commitments required to complete a transaction
Outcomes
- Brought seller-service constraints into product briefs
- Examined the meaning of saved and requested stock
- Separated product selection from specification authority
Decisions in context
The July 2015 appointment brought twenty-two colleagues through three leads and ₹3.8 crore annual expense. Veqmari employed 156 people and reported ₹31 crore service revenue for FY ending March 2016. We were improving discovery, but I became increasingly concerned with what happened after a buyer found an attractive offer. The project might require a particular quantity, a confirmed availability period or an approval that the buyer did not personally hold. A successful browsing experience could therefore lead into a poorly understood commitment. I worked with seller services to make those conditions part of the product discussion earlier. The promotion to CPO later widened the enterprise responsibility without transferring legal interpretation, material approval or operating delivery into the product team. The work remained a collaboration around what the marketplace could credibly offer.
Reason for the move
Appointed CPO as the marketplace proposition widened
FOLIO 3Sept 2009 — Jun 2015
Product Manager
Veqmari Finish Exchange
- Sector
- Unused-surplus tile and interior-finish marketplace
- Ownership
- Private regional platform
- Company scale
- ₹16 crore company service revenue for FY ending March 2010
- Employees
- 92 company employees
- Geography
- Regional Indian sellers and project buyers
- Reporting to
- Head of Marketplace Services
- Team
- 11 product colleagues through two leads
- Financial scope
- ₹1.2 crore annual product expense
Mandate
Turn recurring trade-service misunderstandings into clearer selection and transaction experiences
Outcomes
- Connected catalogue design with seller and buyer expectations
- Brought operating colleagues into early product review
- Kept technical suitability outside the platform's selection claims
Decisions in context
I joined Veqmari in September 2009 with eleven colleagues through two leads and ₹1.2 crore annual expense. The marketplace had 92 employees and ₹16 crore service revenue for FY ending March 2010. The move let me address recurring trade-service questions through the product itself rather than explain them again after each enquiry. A quantity field, a status label or a group of similar listings could change what a buyer believed was available. I learned to examine those beliefs with the people handling the actual seller relationships. The role did not make me a material specifier or contract approver. It made me responsible for a clearer route through the choices the platform supported, with professional and operating decisions still retained by the people qualified and authorised to make them.
Reason for the move
Promoted to lead the growing product function
FOLIO 4Apr 2003 — Aug 2009
Trade-service Lead
Nerqoli Trade Services
- Sector
- Trade-catalogue and seller-service support
- Ownership
- Privately owned regional service firm
- Company scale
- ₹31 crore company revenue for FY ending March 2004
- Employees
- 163 company employees
- Geography
- Indian regional trade relationships
- Reporting to
- Service Director
- Team
- Eight service colleagues through two leads
- Financial scope
- ₹54 lakh annual function expense
Mandate
Clarify quantities, availability and the meaning of enquiries between trading parties
Outcomes
- Distinguished buyer interest from an agreed stock commitment
- Connected catalogue records with the service conversation
- Explained unresolved conditions before treating an enquiry as complete
Decisions in context
From April 2003 I led eight colleagues through two leads with ₹54 lakh annual expense. Nerqoli had 163 staff and ₹31 crore revenue for FY ending March 2004. The work followed the questions that the catalogue alone did not settle. A seller might be discussing the same lot elsewhere, while a buyer might still need a project colleague to confirm the requirement. Passing the message quickly was useful only if each party understood what had and had not been agreed. I learned to make unresolved conditions explicit without making the service needlessly complicated. Product management later offered a way to address those recurring misunderstandings before they became individual support conversations. The move changed the means of solving the problem, while preserving the need to understand the commitments behind an apparently ordinary enquiry.
Reason for the move
Moved into marketplace product management to address recurring service problems earlier
FOLIO 5Jul 1997 — Mar 2003
Catalogue Coordinator
Nerqoli Trade Services
- Sector
- Trade-catalogue administration
- Ownership
- Private regional services business
- Company scale
- ₹12.8 crore company revenue for FY ending March 1998
- Employees
- 63 company employees
- Geography
- Indian regional trade customers
- Reporting to
- Catalogue Supervisor
- Team
- Contributor in a six-person catalogue group; no direct reports
- Financial scope
- No delegated spending authority
Mandate
Prepare clear stock descriptions and reconcile questions about the offer
Outcomes
- Learned to distinguish a complete record from an understandable offer
- Checked quantity and description questions under supervision
- Observed how catalogue wording shaped later expectations
Decisions in context
I began at Nerqoli in July 1997 after completing commerce the previous month. The business employed 63 people and recorded ₹12.8 crore revenue for FY ending March 1998. I worked within a six-person catalogue group without direct reports or spending authority. A description could contain every required field and still leave the buyer uncertain about the actual offer. I helped supervisors reconcile quantity and wording questions, learning to look at the record from the perspective of someone planning a purchase. I did not negotiate contracts or approve the material's use. The role gave me a practical interest in how a small description affects a larger decision. Trade-service leadership later brought the conversations around those records into my remit, making their consequences more immediate and the need for clear commitments more visible.
Reason for the move
Promoted into trade-service leadership
What I am looking for next
I would consider one first external board role where a marketplace or service product makes consequential commitments to customers and partners. My experience could help directors examine the meaning of a transaction state, the obligations created by a new feature and the boundary between discovery and professional approval. I would need to learn the prospective company's economics, operating model and governance responsibilities before applying lessons from surplus finishes. I hold no statutory seat or personal shares in Veqmari. Fictional IICA registration is recorded in May 2026, with assessment unfinished and no exemption asserted. Twenty-four days must be tested against induction, preparation, meetings, travel and exceptional demands. Lalitha's consent and a review of sellers, project buyers, service providers and ownership relationships would precede a mandate. I would value a chair who expects a product perspective to complement financial and operating expertise, and who welcomes examination of a director's own assumptions. The contribution should fit a real board need and the conditions in which it can be made responsibly.