Parcelninja attracts R20 million UK investment
We are super excited to announce that we have attracted a R20 million investment from UK-based C5 Holdings, helping us disrupt the local online shopping market.
C5 Holdings is the parent company of C5 Capital, the London-based specialist data and cyber security fund manager. For those of you who don’t know, Parcelninja is a Gauteng-based ecommerce solutions company which offers a full suite of warehousing and fulfilment services to South African online shops. Started in 2013 by Justin Drennan, Ryan Drennan, and Terence Murphy, we launched our first commercial services in October 2014.
Our three founders are experienced entrepreneurs, starting WantItAll, helping grow Superbalist, which was sold to Takealot and partnering with Makro to handle a large part of their company’s ecommerce needs.
Through Parcelninja the trio shifted their focus to becoming an ecommerce enabler, making it possible for online shops to outsource most of their ecommerce needs. Our services boast deep integration into existing e-commerce engines, smart product warehousing, picking and packing, Courier LiveQuote™ and robust real-time reporting.
“Ecommerce 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.
“Parcelninja offers online shops the benefits of a large-scale ecommerce operation, which drives down costs and provides better service levels,” he said.
With the latest cash injection from C5 Holdings, we are planning to grow our operations in South Africa, and significantly increase the number of companies we help. Watch this space…