Tilak Mehta, co-founder at 'Paper N Parcels', is the youngest entrepreneur in India. At the age of 13, he founded the courier company with Ghanshyam Parekh, his maternal uncle. He was in class 8th when he started his career as an entrepreneur and shocked everyone with his success at such a young age. The annual turnover of his company is approximately 100 crores for the fiscal year 2020-2021. The young entrepreneur has an estimated earning of Rs.2-5lakhs monthly(according to 2021), as per media reports.
Tilak was born in 2006, Gujrat to Vishal Mehta and Kajal Mehta. He is currently studying in Class 11th at Gurukul Olympiad School, Aurangabad, Maharashtra, and is 16 years old now. He proved that age is never a barrier to following your dreams and passion. Nobody can stop you if you are determined for your goal. He got financial assistance from his uncle who is in the banking profession.
Once he went to his uncle's place where he forgot his book and the next day he had a test in school. He was waiting for his father to return so that he could go along with him to get his book back but his father was too tired of returning to go with him. The young boy then asked his father for any courier company that could deliver his books within a day. The company they searched for was charging 300 rupees. he then realized that there must be many people who are in need of this service.
He then got the idea to start up his own courier company Paper N Parcels. It was founded in 2018 and is operated through a mobile application. The service is operational in a defined area of Mumbai city, the charges they cost are very minimal as compared to other courier ventures. For a parcel of 3kg, the charges start from Rs. 40 and can go up to Rs.180.
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Dabbawala workers of Mumbai deliver the PNP parcels after completing their day jobs.
“I was thinking about this for days and when I saw a dabbawala in my building, the idea for Papers N Parcel struck. I always marveled at the swiftness and the efficiency of the dabbawala’s food delivery network, and I wondered if the network could be used to allow deliveries of even non-food items," Tilak said in a statement.
The vision behind the startup is to make the lives of people simply by fulfilling their daily based requirements of getting things delivered from one place to another. The company provides door-to-door services for delivering goods. There are approximately 300 dabbawalas connected to his company on a contract basis and not as permanent employees.
They deliver around 1200 parcels daily within the same day of ordering. Customers can also check with a live tracking option for a better experience. The major orders/ client base is from pathology labs, boutiques, and brokerage firms.
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Tilak received the Young entrepreneur title in 2018 at the India Maritime Awards. He was also invited as a speaker at TEDx in 2019. He was awarded the Global Child prodigy award in 2020.
He is inspired by Mukhesh Ambani and Steve Jobs.
As a kid, he loves spending his leisure time dancing, watching movies, and playing.
