Tilak Mehta, a 17-year-old freshman at the University of Southern California, might seem like just another college student, but his journey is anything but typical. Six years ago, at the age of 13, Mehta ventured into the business world and emerged as one of India’s youngest and most successful entrepreneurs with his logistics company, Papers-N-Parcels (PNP).
The Birth of Papers-N-Parcels
The inspiration for PNP came to Mehta unexpectedly. While staying at his uncle’s house, he realized he had forgotten some crucial books at home that he needed for his upcoming exams. Despite exploring various options to have the books delivered, he couldn’t find a same-day service. Most companies either didn’t provide same-day delivery or charged exorbitant fees. This challenge ignited an idea in Mehta’s mind: to establish a company that offered affordable same-day delivery services within the city.
Drawing inspiration from Mumbai’s renowned Dabbawalas, known for their efficient and cost-effective delivery services, Mehta aimed to modernize this model for the logistics industry. With assistance from his uncle and some financial backing from his father, Mehta founded Papers-N-Parcels, a company dedicated to delivering small parcels quickly and at reasonable rates. This was a bold move, especially since the concept of quick commerce and 10-minute deliveries was still emerging six years ago.
Growth and Success
What began as a modest endeavor quickly became a huge success. Mehta’s business gained notoriety in Mumbai by providing an effective substitute for conventional courier services and expeditiously delivering shipments within hours. Papers-N-Parcels grew quickly as a result of his commitment and diligence, and he never looked back.
Mehta’s personal net worth surpassed an amazing Rs 65 crore by 2021, while his company’s turnover exceeded Rs 100 crore. With his current monthly revenue of ₹2 crore, he is a rising star in the Indian entrepreneurship scene.
A Young Entrepreneur’s Vision
The life of Tilak Mehta is a great inspiration. He had the guts to launch a business at the age of 13 after spotting a market niche. He is currently 17 years old and still doing well in school and as an entrepreneur. His accomplishments demonstrate that age is no longer an obstacle to greatness when one has a clear vision, perseverance, and hard work.