Success Story of Yash Jain: Starting a company at the age of 18, now valued at millions of dollars
Talkaaj Desk: To succeed in life, it’s not about age but about passion and determination. This is exactly what Yash Jain demonstrated. Yash initiated his company while still in school. However, the path to success was not easy. Yet, he persevered and continued to work hard. Today, his company is valued at millions of dollars. Let’s delve into Yash’s success story:
Starting a startup at a young age is not easy. However, when someone is determined and understands the market while putting in hard work, the success of that startup is not far away. Yash Jain’s startup is a perfect example of this. He started his venture when he was in 12th grade, at the age of 18. Over time, he worked diligently, and today, his company’s annual turnover exceeds 300 crore rupees.
Earning a name in the e-commerce sector Yash’s company, Nimbuspost, operates in the logistics sector. He founded it in 2018. His company provides shipping services to e-commerce companies worldwide. It serves more than 29,000 pin codes across India and operates in over 190 countries worldwide. The company’s headquarters is located in Gurugram.
The journey was not easy Originally from Bhilai, Chhattisgarh, Yash recalls that his journey was not easy. After completing his education in Bhilai, he started his career in marketing. Yash worked with several companies, facing challenges in e-commerce shipping and startups. It was during this time that he decided to start a company that would make shipping easier for e-commerce and startups. However, bringing major courier companies onto one platform was not an easy task.
Millions in turnover Yash’s company now boasts a turnover in the millions. In 2022, their turnover was around 50 crore rupees, which increased to over 300 crore rupees in 2023. The company collaborates with delivery partners like Delhivery, FedEx, Blue Dart, Gati, and ExpressBees. According to Yash, his company utilizes Artificial Intelligence (AI) technology.
Processing over 2 million transactions daily According to information from the company’s website, they process over 2 million transactions daily. The company has a team of over 500 experts and serves more than 100,000 customers. Yash describes the company’s business model as an aggregator business, meaning it is an integrated platform connecting multiple courier partners and e-commerce merchants.
