Tilak Mehta 13-year-old Mumbai boy have initiated a start-up courier service. Tilak has partnered with the famous Dabbawalas of Mumbai for his courier service.
Just like any other teenage boy he studies in suburban school and is little fed-up about his father always getting late for home due to work. But he is different from other kids of his age, he is a budding entrepreneur who has launched his own parcel company Paper and Parcel’.
Paper and Parcel Courier Service
With the help of Dabbawalas Tilak’s company delivers papers and small parcel within the city to make sure that intra-day delivery is done.
“Papers N Parcels (PNP) is my dream and I will work to ensure that the business becomes big. Last year, I wanted a few books from another part of the city urgently. My father came home tired after a day’s work, and so I could not ask him.T here was nowhere to go,” Tilak stated. That is when this idea of Courier Company came to his mind.
Paper and Parcel uses Mobile App
Paper and Parcel uses a separate mobile application for running the business on daily basis. The company already have the employ strength of 200 and the collaboration with 300 dabbawalas who will be helping the company to make sure that the delivery reaches on time. They will be handling around 1200 delivery on daily basis.
Before launching the company officially Tilak conducted and in-depth research and also ran a beta test for around 4 months.
His start-up targets the areas of Mumbai connected by the local train network, Dadar in central Mumbai is a hub of it all. Paper and Parcel will be delivering a parcel which weighs up to 3 kg and will charge Rs 40- 180 depending on the weight of each parcel.
Start-up and Dabbawala
The role of dabbawalas will come in the last mile deliveries after they are done with their work they will be handling the last deliveries of the day.
Dabbawala Association spokesperson Subhash Talekar said. “Our association has not officially tied up with PNP and it’s up to every individual Dabbawala to associate with them. I think it will give them additional income.”
Initially, the company is paying a fixed amount of income to every Dabawala who will be working for them. But as this process will gain momentum the pay will be given on the basis of per delivery.
Clients and Investment
The initial investment for setting up the start-up was invested by Tilak’s father, he helped Tilak with the finances of companies operation and the mobile application which will be used to run the business.
The customers to which PNP is already serving includes boutique shops, pathology labs, brokerage and likewise. Since the company has now been launched officially it aims for bigger and better growth.
Company’s CEO Ghanshaym Prakash says that “PNP is also open for strategic tie-ups with companies like Swiggy if there is any possible synergy.”
The company aims to capture 20 percent of an intra-city logistic sector and looks forward to achieving a turnover of Rs 100 crore by 2020, added Parekh.
Such huge achievement by a 13 year old boy is commendable, it will surely inspire many people.
What do you have to say about Tilak Mehta’s success, share your opinion in the comment section below