About Parcel-it
Parcel-it is a company based in Lekki (Nigeria) founded in 2015 by Gregory Asenime.. Parcel-it operates in a competitive market with competitors including GIG Logistics, Takeout Group, Ecotutu, VIZMO and OjaNow, among others.
- Headquarter Lekki, Nigeria
- Founders Gregory Asenime
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of Parcel-it
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2018 | Amount | Series A - Parcel-it | Valuation | GreenTec Capital Partners |
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| 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 Parcel-it
Parcel-it has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GreenTec Capital Partners. 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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Investment and operational support services for African entrepreneurship and ecosystems.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Parcel-it
| 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 - Parcel-it
| 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 |
Parcel-It Comparisons
Competitors of Parcel-it
Parcel-it 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 GIG Logistics, Takeout Group, Ecotutu, VIZMO and OjaNow, 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 |
Provides a platform for on-demand delivery services.
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Offers a cloud-based dispatching and ordering platform for the food delivery market.
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Cold chain delivery solutions are provided for grocery retailers.
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Offers domestic, airport, and corporate logistics services across Nigeria.
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Provides hyper-local delivery services for essential items to customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Parcel-it
When was Parcel-it founded?
Parcel-it was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Parcel-it located?
Parcel-it is headquartered in Lekki, Nigeria. It is registered at Lekki, Lagos, Nigeria.
What does Parcel-it do?
Parcel-it was founded in 2015 in Lekki, Nigeria, within the logistics sector. An online platform is utilized for on-demand business-to-consumer deliveries. Requests are submitted by users, detailing pickup locations and package specifics including weight. Packages are collected and tracked by customers through the platform. Payments are processed securely online using credit or debit cards.
Who are the top competitors of Parcel-it?
Parcel-it's top competitors include Ecotutu, GIG Logistics and Takeout Group.
Who are Parcel-it's investors?
Parcel-it has 1 investor. Key investors include GreenTec Capital Partners.