Chief Executive Officer / Chief Operating Officer – Elevé Diamonds

Company Overview

Elevé Diamonds is building one of India’s most distinctive lab-grown diamond jewellery brands. Born from the house of Tibarumal Jewels—a name with over a century of heritage, craftsmanship, and trust—Elevé combines the warmth of a family jeweller with the ambition and sophistication of a modern luxury house. The brand operates six stores across two states, with several more in the pipeline, positioning itself uniquely in the bridal, occasion, and statement jewellery segments.

Job Summary

The CEO/COO will lead Elevé Diamonds through its next stage of growth, emphasizing organizational development, performance enhancement, and brand recognition. The successful candidate will drive expansion, strengthen business performance, and build necessary leadership capabilities to scale Elevé into a nationally recognized brand.

Responsibilities

• Lead Expansion: Develop and execute multi-city expansion strategies, evaluate new market opportunities, and scale retail and franchise operations.
• Drive Growth: Own revenue and cash-flow objectives, establish sales targets, and build new revenue streams across various sales channels.
• Build the Brand: Strengthen Elevé’s position in the premium jewellery market by translating heritage and craftsmanship into a compelling national proposition.
• Create a High-Performance Sales Culture: Mentor the leadership team and foster a culture of collaboration, accountability, and customer focus within the organization.
• Strengthen Business Operations: Maintain rigorous control over inventory and procurement while building scalable systems and processes to support rapid growth.
• Build a Technology-First Organisation: Evaluate and implement technology systems to enhance decision-making and operational efficiency.

Qualifications

• Educational Qualification: Bachelor's degree in Business Administration, Retail Management, or a related field; MBA preferred.
• Experience: Over 15+ years of overall experience, with 10+ years in jewellery or luxury retail.
• Leadership Skills: Proven capability in leading teams, driving execution, and managing P&L outcomes across multi-store environments.
• Strategic Thinking: Strong ability to translate strategic goals into clear execution plans and performance metrics.
• Technical Skills: Understanding of ERP, CRM systems, and operational analytics; ability to evaluate and implement business technology solutions.
• Commercial Acumen: Exceptional commercial judgment, stakeholder management, and communication skills.
• Cultural Fit: Thrives in an entrepreneurial, promoter-led environment.

Preferred Skills

• Experience in founding or running a startup.
• Fluency in Telugu.
• Familiarity with luxury and lab-grown diamonds.

Experience

• Minimum of 15+ years of overall experience, including 10+ years in a leadership role within jewellery, luxury retail or related industries.

Environment

• Based in Hyderabad. The role will involve extensive travel as the business expands into new markets.

Salary

• Compensation structure is ₹50 LPA CTC, including a 40% variable component linked to revenue, expansion, and strategic milestones. ESOPs will be discussed based on the candidate’s experience.

Growth Opportunities

• Significant professional responsibility with the opportunity to establish Elevé as a leading national jewellery brand, fostering career advancement within a dynamically growing organization.

Benefits

• Potential for equity through ESOPs; alignment with long-term value creation; a chance to shape and lead a new luxury jewellery brand in India.