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

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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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Sam Wakoba
Based in Nairobi, Kenya, Sam is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, and a sought-after speaker and panelist across Africa’s innovation ecosystem. He is the convenor of the popular monthly #TechNight evening event and the #StartupEast Awards and Conference, platforms that bring together startup founders, developers, entrepreneurs, investors, content creators, and tech professionals from across the continent. For more than 16 years, Sam has reported on and analysed Africa’s technology landscape, covering some of the continent’s most impactful, and at times controversial policies, programs, investors, co-founders, startups, and corporations. His work is known for its independence, depth, and fairness, with a singular goal of helping build and strengthen Africa’s nascent technology ecosystem. Beyond journalism, Sam is a business analyst and consultant, working with brands, universities, corporates, SMEs, and startups across East Africa, as well as international companies entering the East African market or scaling across Africa. In his free time, he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology, and data firm that publishes reports, reviews, and insights on business and technology trends in Kenya. Follow him on X: @SamWakoba