E-commerce start-up Parcelninja, which provides cloud-based warehousing and delivery solutions in South Africa, has attracted a R20 million investment from C5 Holdings.<\/p>\n
C5 Holdings is the parent company of C5 Capital, the London-based specialist data and cyber security fund manager.<\/p>\n
Parcelninja is a Gauteng-based e-commerce solutions company which offers a full suite of services to online shops in SA.<\/p>\n
The group says it will use the latest cash injection to grow its operations locally, and significantly increase the number of companies it serves.<\/p>\n
Started in 2013 by Justin Drennan, Ryan Drennan, and Terence Murphy, Parcelninja launched its first commercial services in October 2014.<\/p>\n
The three founders are experienced entrepreneurs, having founded WantItAll, helping to grow Superbalist \u2013 which it sold to Takealot – and partnering with Makro to handle a large part of the company\u2019s e-commerce needs.<\/p>\n
Through Parcelninja the trio shifted their focus to becoming an e-commerce enabler, making it possible for online shops to outsource most of their e-commerce needs.<\/p>\n
The services offered by Parcelninja includes integration into existing e-commerce engines, product warehousing, picking and packing, delivery, and reporting.<\/p>\n
“E-commerce is growing in South Africa, and Parcelninja is there to assist online shopping companies by removing the most expensive and time consuming parts of the business,” said Drennan.<\/p>\n
“Parcelninja offers online shops the benefits of a large-scale e-commerce operation, which drives down costs and provides better service levels,” he said.<\/p>\n
Parcelninja says it already provides e-commerce services to Superbalist, WantItAll, Grabit, DCStore, Juniva, Action Gear, Kids Emporium and Flook.<\/p>\n
Parcelninja has a 4,500 square meter warehouse in Linbro Park near Sandton.<\/p>\n
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