Dhvanil Sheth

Dhvanil Sheth (born 1990) is an Indian entrepreneur and the co-founder and CEO of Skillmatics, a global educational brand known for its innovative, screen-free learning tools for children. His leadership has positioned Skillmatics as a category leader in the educational toys and EdTech space, with a strong global footprint across the United States, India, and the United Kingdom.

Dhvanil Sheth
Born	Dhvanil Sheth 1990 India
Education	Chartered Accountant (CA)
Occupation	Entrepreneur, Co-founder & CEO of Skillmatics
Known for	Founding Skillmatics, a global EdTech and educational toys brand

Early Life and Professional Background

Dhvanil Sheth is a Chartered Accountant by qualification. Before venturing into entrepreneurship, he worked at the Boston Consulting Group (BCG) in Toronto, Canada, where he developed strong analytical and business strategy skills. His global exposure and consulting experience shaped his understanding of market dynamics, consumer behavior, and operations.

Founding of Skillmatics

In 2017, Sheth co-founded Skillmatics along with Devanshi Kejriwal. Identifying a gap in the market for educational tools that are engaging, sustainable, and reduce screen time, they aimed to offer products that encourage independent play and skill development. The brand focuses on creating globally relevant learning aids that cater to the growing demand among parents for high-quality, non-digital educational content.

Product Innovation and Market Strategy

Skillmatics adopted a digital-first approach, leveraging e-commerce platforms like Amazon, Flipkart, and Walmart to understand consumer needs and scale product distribution. The company’s best-selling product line, "Guess in 10", has sold over three million copies globally.

The company’s tech-enabled supply chain allows for rapid product development and launch cycles, achieving speed-to-market five times faster than traditional competitors.

Global Expansion and Presence

Initially targeting the U.S. market, Skillmatics quickly expanded its footprint to the United Kingdom, India, and plans to enter the UAE, Germany, and Australia. The products are now available in over 20,000 stores worldwide, including partnerships with major retailers like Walmart, Target, and Hamleys.

In India, Skillmatics is prominent on e-commerce platforms like Amazon, Flipkart, and FirstCry, with additional growth through quick commerce platforms such as Blinkit, Instamart, and Zepto.

Financial Milestones

For the fiscal year 2023–24, Skillmatics reported a turnover of approximately INR 338 crore. The company maintains a 70% share of its sales through online channels and 30% via offline retail. Skillmatics employs over 300 people across Mumbai, Palo Alto, Dallas, and Manchester.

New Ventures and Future Roadmap

Skillmatics plans to introduce over 70 new products in 2024, expanding into adjacent segments like adult board games through its Gouda Games line and a new brand targeting baby goods. These initiatives align with Sheth’s long-term vision of building multiple global brands leveraging Skillmatics' operational strengths and distribution networks.

Leadership Style and Vision

Dhvanil Sheth is known for his data-driven decision-making, consumer-centric approach, and emphasis on product innovation. His leadership is defined by agility, adaptability, and a strong focus on sustainable growth. Sheth advocates for reducing plastic use and promoting environmentally friendly educational products.

Awards and Recognition

Under Sheth’s leadership, Skillmatics has been recognized as one of the fastest-growing startups in the educational toys sector, with its products consistently ranking as bestsellers on global e-commerce platforms.

Conclusion

Dhvanil Sheth has successfully built Skillmatics into a global EdTech and educational products brand, combining innovation, sustainability, and strategic execution. His work continues to influence how children engage with learning, offering parents worldwide trusted, high-quality educational tools that foster skill-building through play.