About EasyParcel
EasyParcel is a company based in George Town (Malaysia) founded in 2014.. EasyParcel has raised $12.42 million across 1 funding round from investors including Teleport Asia, Gobi Partners and Axiata Digital. EasyParcel offers products and services including EasyParcel Platform. EasyParcel operates in a competitive market with competitors including Wekago and MyCourier, among others.
- Headquarter George Town, Malaysia
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$31.39 M (USD)135as on Dec 31, 2020
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Net Profit
$-3.64 M (USD)-802as on Dec 31, 2020
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EBITDA
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Total Equity Funding
$12.42 M (USD)
in 1 rounds
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Latest Funding Round
$12.42 M (USD), Series A
Jun 28, 2019
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Investors
Teleport Asia
& 13 more
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Employee Count
Employee Count
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Products & Services of EasyParcel
EasyParcel offers a comprehensive portfolio of products and services, including EasyParcel Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online service for booking and comparing courier options for efficient parcel delivery.
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Funding Insights of EasyParcel
EasyParcel has successfully raised a total of $12.42M through 1 strategic funding round. The most recent funding activity was a Series A round of $12.42 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $12.4M
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First Round
First Round
(28 Jun 2019)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Series A - EasyParcel | Valuation | Teleport , Gobi Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EasyParcel
EasyParcel has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Teleport Asia, Gobi Partners and Axiata Digital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Freight forwarding, distribution, and logistics services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by EasyParcel
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - EasyParcel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Easyparcel Comparisons
Competitors of EasyParcel
EasyParcel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wekago and MyCourier, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A web-based marketplace for reliable courier and delivery services.
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| domain | founded_year | HQ Location |
Online directory listing Malaysian courier services and tracking options.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Easyparcel
Frequently Asked Questions about EasyParcel
When was EasyParcel founded?
EasyParcel was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is EasyParcel located?
EasyParcel is headquartered in George Town, Malaysia. It is registered at George Town, Penang, Malaysia.
Is EasyParcel a funded company?
EasyParcel is a funded company, having raised a total of $12.42M across 1 funding round to date. The company's 1st funding round was a Series A of $12.42M, raised on Jun 28, 2019.
What is the annual revenue of EasyParcel?
Annual revenue of EasyParcel is $31.39M as on Dec 31, 2020.
What does EasyParcel do?
EasyParcel was established in 2014 in George Town, Malaysia, within the logistics sector. An online platform is operated to facilitate courier bookings, including parcel weighing, bulk order uploads, flyer requests, and instant quotations. Parcel tracking is provided, alongside domestic and international delivery options. Pick-up and drop-off services at proxy points are available, with integration for e-commerce stores supported.
Who are the top competitors of EasyParcel?
What products or services does EasyParcel offer?
EasyParcel offers EasyParcel Platform.
Who are EasyParcel's investors?
EasyParcel has 14 investors. Key investors include Teleport Asia, Gobi Partners, Axiata Digital, Santomi, and Bian Ee Tan.
What is EasyParcel's valuation?
The valuation of EasyParcel is $6.85M as of Jun 2019.