More than a return on investments, it is the joy of ownership and the experience of a time capsule through the ownership of classic cars, art, wines, watches, and more, for India's super rich, especially in the post-pandemic world
In mid-2020, Kapil Kuwelker, founder and CEO of Cirrius Technologies, decided to buy a classic car. He was always interested in cars, but the pandemic—with its resultant work from home and respite from the two-and-a-half hour commute—gave the Mumbai resident time and space to pursue some of his old interests. “I was always passionate about cars, especially classics, so I decided to use my spare time and some surplus funds to buy and restore a classic Mercedes-Benz.” He took delivery of it in early 2021 and in the year-and-a-half since then, what started as a one-time experiment has turned into a series of classic car acquisitions—all Mercedes, from the 1960s to the early 90s—the purchases driven by a mix of nostalgia and passion.
(This story appears in the 04 November, 2022 issue of Forbes India. To visit our Archives, click here.)