Trackon: Case Study, Company Profile, Founding Team, and Many More


Trackon
Trackon: Case Study, Company Profile, Founding Team, and Many More
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Introduction:

An Indian delivery firm called Trackon Courier predominantly serves North India. It is thriving in India with more than 4000 conveniently positioned locations covering more than 3800 PIN Codes dispersed across 47 cities. It was founded in the year 2002. Additionally, it has a large presence in the nations nearby.

Company Highlights:

Company NameTrackon
HeadquarterNew Delhi, Delhi
IndustryLogistics
Founded2004
FounderP K Anand, Dinesh Rautela, P K Singh, Y K Dabas
Trackonbsitehttps://trackon.in/

Trackon About:

With its significant presence in the logistics and courier industries, Trackon Courier offers express delivery services both inside India and internationally. The business has established a reputation for its dedication to on-time delivery and client satisfaction thanks to its extensive network and committed personnel. With consistent growth, Trackon Courier now has a sizable national footprint.

Trackon services image
Trackon Services (Image Source: justdial.com)

Selecting a Trackon Courier franchise allows you to affiliate with a trusted company recognised for its dependability and superior service. A competitive edge in the market is provided by the firm’s solid reputation and consumer trust.

Franchisees may access a sizable consumer base thanks to the extensive network of branches and business partners maintained by it. Due to the brand’s wide reach, both urban and rural locations have access to prospective clients.

Trackon Courier provides a wide variety of local and international delivery options to satisfy the demands of its clients. Franchisees may increase their revenue streams and serve a wider range of clients by utilising the company’s service offering.

If there is a lot of foot activity in the area, it provides for some flexibility here; nevertheless, the space could be smaller if it is a busy commercial sector. To hold the shipments, the retail outlet has to have enough storage space. Keep all packages in a safe location at all times. It must be scale-equipped and must not pose a danger of theft or rodent damage.

Industry:

A non-government organization, Trackon Couriers Private Limited was established on January 24, 2002. It is categorized as a “company limited by shares” and is a private, unlisted firm.

The company’s authorized capital is Rs 100.0 lakhs, and its paid-up capital is Rs 90.0 lakhs, or 90.0 percent of that amount. On September 29, 2017, Trackon Couriers Private Limited had its most recent annual general meeting (AGM). According to the Ministry of Corporate Affairs, the firm last updated its financial information on March 31, 2017. (MCA).

Since its founding 21 years ago, Trackon Couriers Private Limited has primarily operated in the transportation, storage, and communications industries. Currently serving as board members and directors are Pramod Kumar Nourangi Singh, Yoginder Kumar Dabas, Dinesh Kumar Rautela, and Prabhat Kumar Anand.

Registrar Office in Delhi (Delhi) is where the company is registered. 135 A Raanikhara New Delhi DL 110081 IN is the address of Trackon Couriers Private Limited.

Founder & Team:

Trackon Ceo image
Trackon Ceo (Image Source: linkedin.com)

Trackon, with its headquarters in Delhi, was established in 2004 by P K Anand, Dinesh Rautela, P K Singh, and Y K Dabas. Its early activities were restricted to Delhi and Mumbai. With intentions to expand its services to 10,000 pin codes over the following several years, the firm has subsequently seen exponential growth and now serves 5,600 pin codes nationwide.

Startup Story:

Indian courier firm focuses mostly on North India. Express delivery services are offered throughout India and the world by Trackon Courier, a company with a solid presence in the courier and logistics industries. In 2004, P K Anand, Dinesh Rautela, P K Singh, and Y K Dabas formed the company Trackon.

Founded on January 24, 2002, Trackon Couriers Private Limited is a non-governmental organisation. The company has a 100.0 lakh rupee authorised capital and 90.0 lakh rupees of paid-up capital.

Mission & Vision:

The group’s objective is to use technology to turn Trackon into a worldwide logistics firm.

Name & Logo:

Trackon logo image
Trackon Logo (Image Source: trackon.in)

Business Model:

In this courier franchise, there are primarily three different business models, which are listed below:

Business Associate Franchise with a Single Unit: The Single Unit Business Associate Franchise is intended for people hired as Trackon Courier’s authorised representatives in specified regions with a specific pin number. In their location and the neighboring areas, these individuals are in charge of inbound deliveries and revenue growth.

Multiple single unit associates may be appointed if the pin code region is large or there are many consignments. It offers the tools required for business growth and supports its employees through mentorship, coaching, and training.

The Master Business Associate Franchise is a more substantial franchise structure that is offered in big cities or metropolitan regions. Authorized representatives appointed under this arrangement function similarly to small hubs and cover a variety of pin codes.

An office with a square footage of between 750 and 800 square feet, the essential infrastructure, systems, personnel, and vehicles, as well as a prime location in the city, are needed to be eligible for this franchise. A Master Business Associate’s main duty is to appoint Single Unit Business Associates in locations where there is a chance of growth for the network and income.

Super Business Associate Franchise: A state’s tier II or tier III cities may appoint approved representatives to serve as franchisees for the Super Business Associate Franchise. Business growth and network expansion are the main responsibilities of a Super Business Associate. In order to expand their network, they appoint single-unit franchisees in strategic districts and talukas.

To be eligible for this franchise, a prominent site in the town must have an office building with the needed infrastructure, systems, staff, and vehicles for handling all inbound and outgoing cargo, measuring around 1000–1200 square feet.

The amount of money needed to open a Trackon Courier franchise varies depending on the franchise type and area, among other things. Franchise fees, startup expenditures, equipment, working capital, and continuing costs are frequently included. With a little initial investment and a cost-effective business plan, the company guarantees substantial profits.

Revenue Model:

Here is a summary of TRACKON COURIERS PRIVATE LIMITED’s financial data for the fiscal year that ends on March 31, 2021.

  • TRACKON COURIERS PRIVATE LIMITED generates between INR 100 and 500 billion in revenue annually.
  • The company’s net worth has improved by 17.13 percent.
  • The company’s EBITDA has dropped by -22.05 percent.
  • The company’s total assets have grown by 0.07 percent.
  • The company’s liabilities have fallen by -9.19 percent.

Products & Services:

Trackon shipments image
Trackon Shipments (Image Source: linkedin.com)

International courier services, door-to-door delivery services, and cargo transportation services are offered by Trackon Couriers Pvt. Ltd. in Kalyani, West Bengal. It offers air and surface mode shipping. You may also use the complimentary pickup service. Additionally, it offers “Prime Track,” a super fast service.

Funding & Investors:

There is no data of it.

Employees:

According to 172 employee evaluations posted on AmbitionBox, Trackon Courier receives a rating of 3.5 out of 5. Founder Sandeep Gupta is the only active employee listed for Trackon Courier Pvt. Ltd. They employ more than 10,000 people.

Challenges Faced:

Not yet faced any challenges.

Acquisitions:

No acquisition has been done.

Growth:

With 5600 pin codes already served, Trackon expects to serve 10,000 in the upcoming years. Its daily consignments will also almost treble, rising to 3.5 lakh from the current two lakhs.

the company has been concentrating on its premium product – Prime Track as a bluechip service and prompt delivery, catering to high value and urgent consignments, which is expected to drive significant growth for Trackon going forward. The company was founded by PK Anand, Dinesh Rautela, PK Singh, and YK Dabas in 2004.

Despite the epidemic, the firm managed to grow its sales last year, going from Rs 222 crore in FY 2021 to Rs 301 crore in FY 2022, a 35 percent rise. By the first quarter of FY23, it intends to enter the international markets. In the next five years, the about $200 billion global logistics sector is expected to increase to over $350 billion.

Partners:

No partners have been announced yet.

Competitors:

The major competitors are trackcourier.io, dtdc.in, bluedart.com, tpcindia.com.

Awards & Achievements:

There is no data of it.

Future Plan:

Local logistics company Trackon announces ambitions to expand into international markets in order to increase income from additional areas by roughly Rs100 crore. The logistics business, which manages more than two lakh shipments each day, plans to expand from India to about 69 nations.

FAQs :

What does Trackon do?

A profitable franchising opportunity is available for aspirant Indian business owners from the renowned courier and logistics firm Trackon Courier. It has built a solid reputation as an industry leader because to its long history and dedication to provide dependable and effective delivery services.

When was Trackon founded?

It was founded on 2004.

Who is the founder of Trackon Corporation?

Founders were P K Anand, Dinesh Rautela, P K Singh, Y K Dabas.

Who is the CEO of Trackon Corporation?

Logistics enterprise has announced the appointment of Rajesh Kapase as its CEO.

Who are the main competitors of Trackon?

The major competitors are trackcourier.io, dtdc.in, bluedart.com, tpcindia.com.

How long does Trackon take to deliver?

They deliver in one to two business days across all cities within India, between 10 am and 7 pm for most packages.

How good is Trackon Courier?

Having received the customer rating of 3.0, Trackon Couriers Pvt Ltd has become a popular firm among the top Courier Services in Bangalore.

Which is better Trackon or Dtdc?

dtdc.in had more total visits compared to trackon.in in April 2023.

What is the other name of Trackon Courier?

It is a india domestic courier company, it got its corporate identity in January 2002 under the name ;”Comcour Couriers Pvt. Ltd“.

What happens if Trackon courier is not delivered?

You can call us at 8448011011 to re-send your package.

Conclusion:

In addition to offering courier and package delivery services in Delhi for both domestic and international deliveries, Trackon Express also offers transport services in Gurgaon at competitive rates with reliable on-time delivery.

With 17 years of expertise, it is proud of its can-do mentality. With just two offices, in Delhi and Mumbai, Trackon set out on a journey in 2002. Since then, we have expanded our unstoppable presence throughout the nation. It is humbled by its extraordinary performance, which has resulted in a revenue of more than 240 crores (FY 2018-2019). At the moment, It serves over 5000 pin codes every day while managing over 2 lakh consignments.

It gradually introduced our flagship option, Prime Track, in 2010, which promises quick service and swift delivery. It has been planned to handle urgent and important shipments.


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Disclaimer -We have collected this information from our direct sources, various trustworthy sources on the internet and the facts have been checked manually and verified by our in-house team.