Vinay Kumar
Founder
In a candid interview, he shared his journey into the industry, the inspiration behind creating this distinctive business, and his envisioned future for the organization.
Can you provide a succinct overview of your professional history and encounters? Additionally, what serves as the driving force propelling your daily endeavours?
After I completed my MBA, I immersed myself in the startup scene for almost ten years until October 2022. I began my journey at a smaller startup called Channel Play, where I served as a project manager. The company handled major accounts like Google and Samsung, over seeing their projects
in India, especially in retail intelligence. During this period, I gained extensive experience in dealing with clients and understood the power of simplicity in task management, learning the ropes from the ground up. In 2015, I became an early employee at Grofers, now rebranded as Blinkit. My tenure at Grofers was transformative, involving various roles as the company evolved, encompassing supply chain management and ultimately transitioning to the present quick-commerce model. Each role brought its unique set of challenges, constantly keeping me driven. What keeps my passion alive is the chance to be surrounded by peers who enhance my learning journey.
Can you elaborate on the distinctive experiences provided by IIM Lucknow and the non-academic learnings you gained from being on campus?
From my retrospective, the pursuit of an MBA at IIM Lucknow was an enriching journey marked by diverse experiences. The campus environment facilitated meaningful interactions with exceptional peers and insightful faculty, instilling a pragmatic problem solving approach in both professional and personal realms. Daily life at IIM Lucknow encompassed a blend of courses and engagements, including enlightening lectures by accomplished individuals from various domains. The holistic campus experience seamlessly integrates academics, extra curricular activities, and sports. We excelled in the esteemed market research competition "Index" at IIM L, a live project involving 25 teams and direct engagement with consumers during the city fest. We endeavoured to provide qualitative and quantitative solutions to intricate business challenges posed by multinational corporations (MNCs).
Can you define MYTAILMATE as an organization and its present market standing?
My day revolves around MYTAILMATE, an AI-driven pet health app prioritizing informative choices. Aiming to be a trusted global pet healthcare brand, our journey started a year and a half ago with extensive research, and engaging with the pet community and experts. Our unique market position stems from real interactions, focusing on healthcare, behaviour, and nutrition the core
Extensive market research & expert discussions boosted my confidence in the venture's inevitability of success
Can you elaborate on the distinctive experiences provided by IIM Lucknow and the non-academic learnings you gained from being on campus?
From my retrospective, the pursuit of an MBA at IIM Lucknow was an enriching journey marked by diverse experiences. The campus environment facilitated meaningful interactions with exceptional peers and insightful faculty, instilling a pragmatic problem solving approach in both professional and personal realms. Daily life at IIM Lucknow encompassed a blend of courses and engagements, including enlightening lectures by accomplished individuals from various domains. The holistic campus experience seamlessly integrates academics, extra curricular activities, and sports. We excelled in the esteemed market research competition "Index" at IIM L, a live project involving 25 teams and direct engagement with consumers during the city fest. We endeavoured to provide qualitative and quantitative solutions to intricate business challenges posed by multinational corporations (MNCs).
Can you define MYTAILMATE as an organization and its present market standing?
My day revolves around MYTAILMATE, an AI-driven pet health app prioritizing informative choices. Aiming to be a trusted global pet healthcare brand, our journey started a year and a half ago with extensive research, and engaging with the pet community and experts. Our unique market position stems from real interactions, focusing on healthcare, behaviour, and nutrition the core
concerns of pet parents. 'Healthy Walks,' our initial product, offers dog walking with data-tracking, akin to Apple Health or Fitbit, helping monitor pets’ wellness. We plan to expand with 'Furrific Tracker' and a digital co-parenting app, connecting pet parents with pet care experts. Since our recent launch, we've gained a positive response, with over 50active subscriptions in under a month, affirming the demand for our services.
Describe the most recent technologies your organization has implemented to assess pet health and provide tailor-made advice.
We've embraced advanced technology, especially OpenAI's GPT toolkit. Leveraging this, we've created a specialized learning database for pet care tailored to diverse geographical regions. Users receive location based recommendations and access to region-specific services. Considering cultural preferences, health and wellness assessments are aligned with local contexts. Moreover, we've integrated health and wellness providers into a seamless, scalable platform, empowering businesses in the pet health domain to connect efficiently with their audience. Our ultimate goal is to efficiently bridge the gap using cutting-edge technology, specifically the Open AI toolkit.
Where do you envision your ultimate destination or goal in the future?
The inception of MYTAILMATE was a deliberate decision, acknowledging the need for dynamic adaptability to remain relevant in the ever evolving landscape. The core objective is to position MYTAILMATE as the top choice in pet health and wellness for pet parents, aligning with the burgeoning Indian pet care market, expected to witness a CAGR of over 20% and a market volume of $3 billion by 2030. Globally, the market volume is projected to soar to $261 billion. Subsequently, the focus shifts to international expansion, targeting regions like Southeast Asia, the USA, and Europe, all of which exhibit a distinct propensity for prioritizing pet healthcare and represent significant market potential.
Vinay Kumar, Founder, MYTAILMATE
Vinay Kumar is a results-driven individual, boasting over 10 years of extensive experience in startup settings leading Business expansion, partnerships and product implementation. He has scaled Blinkit's quick commerce footprint from 50 to 500+ stores across cities with retail and business tie-ups contributing positively to Order's scalability from 1000 to 3 lakh orders.
Describe the most recent technologies your organization has implemented to assess pet health and provide tailor-made advice.
We've embraced advanced technology, especially OpenAI's GPT toolkit. Leveraging this, we've created a specialized learning database for pet care tailored to diverse geographical regions. Users receive location based recommendations and access to region-specific services. Considering cultural preferences, health and wellness assessments are aligned with local contexts. Moreover, we've integrated health and wellness providers into a seamless, scalable platform, empowering businesses in the pet health domain to connect efficiently with their audience. Our ultimate goal is to efficiently bridge the gap using cutting-edge technology, specifically the Open AI toolkit.
Where do you envision your ultimate destination or goal in the future?
The inception of MYTAILMATE was a deliberate decision, acknowledging the need for dynamic adaptability to remain relevant in the ever evolving landscape. The core objective is to position MYTAILMATE as the top choice in pet health and wellness for pet parents, aligning with the burgeoning Indian pet care market, expected to witness a CAGR of over 20% and a market volume of $3 billion by 2030. Globally, the market volume is projected to soar to $261 billion. Subsequently, the focus shifts to international expansion, targeting regions like Southeast Asia, the USA, and Europe, all of which exhibit a distinct propensity for prioritizing pet healthcare and represent significant market potential.
Vinay Kumar, Founder, MYTAILMATE
Vinay Kumar is a results-driven individual, boasting over 10 years of extensive experience in startup settings leading Business expansion, partnerships and product implementation. He has scaled Blinkit's quick commerce footprint from 50 to 500+ stores across cities with retail and business tie-ups contributing positively to Order's scalability from 1000 to 3 lakh orders.