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Home Startups South Africa’s Parcelninja raises $1.7m from UK’s C5 Holdings

South Africa’s Parcelninja raises $1.7m from UK’s C5 Holdings

by Sam Wakoba
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15245_1476932399229652_5108831463869203700_nSouth Africa’s Parcelninja, an e-commerce startup that powers warehousing and delivery solutions via the cloud has today raised R20-million (1,728,635) funding London-based C5 Holdings, the parent firm of C5 Capital, a data and cyber security fund manager.

This round of funding will help the Gauteng-based firm to provide its cloud-based solutions to a larger number of e-commerce firms in South Africa so that they focus on their key task-inventory management, marketing, sales and customer service. The firm aims to help users run their e-commerce business from anywhere — send/receive stock, warehouse it, scale it up using its feature-rich API with seamless cloud integration, fulfillment is no longer a headache.

Founded in by Justin Drennan, Ryan Drennan, and Terence Murphy in South Africa under the WantItAll umbrealla,  Parcelninja offers product warehousing, picking and packing, delivery and reporting and is normally integrated into the e-tail website engines.

At the moment, Parcelninja serves Action Gear, Juniva, WantItAll, Flook, Superbalist, DCStore, Grabit and Kids Emporium.

The three founders are experienced entrepreneurs, having started WantItAll, helping to grow Superbalist – which it sold to Takealot – and partnering with Makro to handle a large part of the company’s e-commerce needs.
An online shop can outsource most of its ecommerce needs to Parcelninja, leaving the company free to focus on marketing, supporting its customers and securing good wholesale deals.

 

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