Parsel

Mumbai, India Founded: 2013 • Age: 13 yrs
Cloud-based platform for SKU lifecycle management is offered.
Annual revenue $202 Latest available
Total funding $2.5M 6 rounds
Employees - Tracked headcount
Investors 40 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Parsel

Parsel is a company based in Mumbai (India) founded in 2013. Parsel has raised $2.53 million across 6 funding rounds from investors including Maitreya Capital, Vimal Jain and Chemex Goods. Parsel offers products and services including SKU Lifecycle Management Platform and Fleet Management Services.

  • Headquarter Mumbai, India
  • Stage Minicorn
  • Sectors
    Technology
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Parsel Exchange Private Limited
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $201.67 (USD)
    -98.8
    as on Mar 31, 2022
  • Net Profit
    -$51.46 K (USD)
    -212.21
    as on Mar 31, 2022
  • EBITDA
    -$41.32 K (USD)
    -177.01
    as on Mar 31, 2022
  • Total Equity Funding
    $2.53 M (USD)

    in 6 rounds

  • Latest Funding Round
    $59.73 K (USD), Angel Round

    Jan 10, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Parsel

Parsel offers a comprehensive portfolio of products and services, including SKU Lifecycle Management Platform and Fleet Management Services.

Product name locked
Category locked
Primary

The complete SKU lifecycle is managed through a cloud-based platform that covers inventory, warehouse, dispatch, and delivery processes.

Product name locked
Category locked
Locked

Fleet operations are monitored and maintained, including vehicle tracking and performance history, to ensure efficient management.

Funding Insights of Parsel

Parsel has successfully raised a total of $2.53M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $59.73 thousand completed in January 2022. 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.

Investors in Parsel

Parsel has secured backing from 40 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Maitreya Capital, Vimal Jain and Chemex Goods.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed-stage investments are targeted by Chemex Goods venture capital firm.
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NBFC providing SME loans
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Vimal Jain

Angel investor and entrepreneur, founder of Dream11, active in Indian startup ecosystem
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Investor details for Parsel

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  • Investor domains
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Investments & Acquisitions by Parsel

Investments
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Investment portfolio details for Parsel

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Financial Statements - Parsel

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Detailed financials for Parsel

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  • Profit trends
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Parsel Comparisons

Parsel Primary company
Description
Cloud-based platform for SKU lifecycle management is offered...
Location
Mumbai, India
Founded Year
2013
Annual Revenue
$201.67 (USD)
Net Profit
-$51.46 K (USD)
EBITDA
-$41.32 K (USD)
Employees
Not available
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Peer comparison for Parsel

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Competitors of Parsel

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Detailed competitors of Parsel

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Latest news on Parsel

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Complete news archive for Parsel

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Frequently Asked Questions about Parsel

Parsel was founded in 2013.

Parsel is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Parsel is a funded company, having raised a total of $2.53M across 6 funding rounds to date.

Annual revenue of Parsel is $201.67 as on Mar 31, 2022.

Parsel was founded in 2013 in Mumbai, India, within the logistics sector. A cloud-based platform is provided for managing the full SKU lifecycle, including inventory tracking, warehouse operations, dispatch processes, and delivery coordination. Fleet management services are included, with real-time tracking, maintenance scheduling, and automated route optimization. Fulfillment tools are utilized for picklist generation and worker efficiency. Operations are centered in India to support supply chain needs.

Parsel offers SKU Lifecycle Management Platform and Fleet Management Services.

Parsel has 40 investors. Key investors include Maitreya Capital, Vimal Jain, Chemex Goods, Mayur Desai, and Nimir Mehta.

The valuation of Parsel is $4M as of Jan 2022.

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