Meet Tilak Mehta, one of India's youngest and most successful entrepreneurs, who embarked on his entrepreneurial journey at the tender age of 13. Here's how he started his entrepreneurial journey.
The IdeaAfter his stay at his uncle's place, Tilak encountered a predicament when he realized he had left his essential books there-- which he urgently needed for his upcoming exams. Despite attempting to arrange for their delivery through various agencies, he couldn't secure same-day delivery due to high costs or the unavailability of such services at the time.
This incident sparked a brilliant idea in Tilak's young mind - to establish a company that would provide same-day delivery services within the city. Thus, he founded "Paper n Parcels," a venture aimed at offering efficient and cost-effective delivery solutions inspired by the Mumbai Dabbawalas' exceptional parcel delivery service.
With his father's financial support and the assistance of Dabbawalas, who facilitated deliveries at relatively lower costs than traditional postal services, Tilak's company thrived. As the business grew, it expanded to include shipping and logistics services, catering to various business needs by 2018.
The SuccessThrough unwavering dedication and perseverance, Tilak's company has achieved a staggering turnover of over Rs 100 crore. As of 2021, his net worth stands at an impressive Rs 65 crore, with a remarkable monthly income of Rs 2 crore.
Tilak Mehta's entrepreneurial journey serves as an inspiring example of how even a young mind with innovative ideas and determination can achieve remarkable success in the business world. His story encourages individuals to seize opportunities and make the most of their unique skills and creativity, proving that age is no barrier to entrepreneurial excellence.