In the Spotlight with Veronica Favoroso CEO, GemCloud
The Art of Jewellery|September 2020
More businesses rely on the internet to go to market, generate sales and provide customer service.
In the Spotlight with Veronica Favoroso CEO, GemCloud

This means professional inventory management is increasingly being considered as a necessity and GemCloud, as the sector leader, has taken tremendous steps to bring the coloured gemstone industry online. The tech company has recently unveiled its new gemstone inventory management software, to help gem traders increase the efficiency of their operations and boost their sales channels. Already deployed and connecting with some of the leading names in the industry, GemCloud provides a range of services for buyers and sellers including a universal grading standard for coloured gemstones.

Users can also have exclusive access to an online marketplace providing competitive pricing, traceability, and a completely secured and vetted environment. Founded by a team of gemstone experts from key areas of the industry, we spoke to Veronica Favoroso, CEO and co-founder of GemCloud, about the company’s latest technological innovations, and its vision to become the leading marketplace and tech provider for the gemstones industry.

What is your background?

Veronica Favoroso: I’m a trained attorney but also come from a business background. I read an MBA in London after 5 years working in the booming landscape of China during the Olympic games and the expo. I learnt about gemstones with Faberg é and Gemfields where I worked for about 5 years, and where I met my husband and co-founder Philippe Ressigeac.

What led you to launch GemCloud? Tell us a little about this.

This story is from the September 2020 edition of The Art of Jewellery.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the September 2020 edition of The Art of Jewellery.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM THE ART OF JEWELLERYView All
Jewellery Trends For 2024
The Art of Jewellery

Jewellery Trends For 2024

The Art of Jewellery - Trends for 2024

time-read
1 min  |
January 2024
Diamonds are perfect. Or are they?
The Art of Jewellery

Diamonds are perfect. Or are they?

Diamonds are perhaps the most coveted and romanticized gemstones in human history. Its appeal lies in its purity of provenance and its remarkable beauty. Its rarity adds to its status and value. But not all diamonds are created alike.

time-read
2 mins  |
January 2024
Gem & Jewelry Career Center by GIA India: A Platform for Jobseekers and Employers
The Art of Jewellery

Gem & Jewelry Career Center by GIA India: A Platform for Jobseekers and Employers

The allure of gems and jewellery transcends borders and cultures and has endless possibilities. Powered by GIA's mission to ensure public trust in gems and jewellery, the Gem & Jewelry Career Center by GIA India is a premier career platform and online job board exclusively for the gem and jewellery industry. Employers gain access to talented students and professionals and job seekers can explore exciting career paths within the industry.

time-read
1 min  |
January 2024
Unravelling the Surge in Demand for Men's Jewellery and Accessories
The Art of Jewellery

Unravelling the Surge in Demand for Men's Jewellery and Accessories

The men's luxury jewellery market is carving out its space in the global arena, poised to reach a staggering $6.5 billion by the close of 2023, as reported by Euromonitor International.

time-read
2 mins  |
January 2024
All About Ram Lalla's Magnificent Jewellery
The Art of Jewellery

All About Ram Lalla's Magnificent Jewellery

15 Kg of gold, 18,000 emeralds and diamonds adorn Ram Lalla's magnificent idol

time-read
3 mins  |
January 2024
Celebrate the month of love with Platinum Days of Love
The Art of Jewellery

Celebrate the month of love with Platinum Days of Love

What better way to celebrate the spirit of love than with the metal that embodies rarity, purity and preciousness platinum? This Valentine's Day, immerse yourself in the essence of love with a metal that's an eternal symbol of commitment.

time-read
1 min  |
January 2024
If we manufacture good-quality machines and service them, India could be a manufacturing hub for entire Asia, South Asia, and the Gulf -Kranti Nagvekar Founder, KNC Services
The Art of Jewellery

If we manufacture good-quality machines and service them, India could be a manufacturing hub for entire Asia, South Asia, and the Gulf -Kranti Nagvekar Founder, KNC Services

In an exclusive interview Kranti Nagvekar, Founder, KNC Services talks about jewellery-making machines and its scope in India. She also highlights her challenges, and and perks of being a women entrepreneur.

time-read
3 mins  |
January 2024
"Jewellery to me is an open canvas that I have chosen to express myself"
The Art of Jewellery

"Jewellery to me is an open canvas that I have chosen to express myself"

In the realm of jewellery, Sankesh Surana is one brand that shines as a symbol of exceptional design and craftsmanship. Showcasing a poetic blend of elegance and sophistication. Sankesh, the brain behind Sankesh Surana, gives insights into the inspiration, process, and the unique narrative woven into each piece. Sankesh Surana, Co-founder of Sankesh Surana Atelier, is an award-winning jewellery designer, an artist, a lifestyle designer, a jeweller and an educator. His exquisite creations are sure to leave you mesmerized.

time-read
3 mins  |
January 2024
Jewels of Excellence: 10 Trailblazers Honoured at IIJS Signature's Hall of Fame
The Art of Jewellery

Jewels of Excellence: 10 Trailblazers Honoured at IIJS Signature's Hall of Fame

In a glittering celebration of excellence, the gem and jewellery industry bestowed its highest honour upon ten luminaries at the prestigious IIJS Signature Show, as they were inducted into the coveted Hall of Fame category.

time-read
2 mins  |
January 2024
Gem & Jewellery industry will play a key role in making Maharashtra USD 1 trillion economy: Dr. Devendra Fadnavis Dy. Chief Minister, Maharashtra during inauguration of IIJS Signature
The Art of Jewellery

Gem & Jewellery industry will play a key role in making Maharashtra USD 1 trillion economy: Dr. Devendra Fadnavis Dy. Chief Minister, Maharashtra during inauguration of IIJS Signature

Maharashtra's Industries Minister Uday Samant urges GJEPC to develop indigenous gem & jewellery industry in rural India

time-read
5 mins  |
January 2024