“The RBI’s initiative to improve the ‘ease of doing business’ for start-ups in the country is extremely refreshing. It will help the entire startup eco-system in setting up a new enterprise at a much faster rate than usual. Dr. Raghuram Rajan’s decision of enabling framework for receiving foreign venture capital, differing contractual structures embedded in investment instruments, deferring receipt of considerations for transfer of ownership, facilities for escrow arrangements and simplification of documentation and reporting procedures will help start-ups like Parsel to gain easy access to capital.
With the PM Modi’s start-up India event to boost start-up businesses and with RBI support the startup sector is poised to get a great push. India will soon see more and more entrepreneurs with the improving startup environment.” Himanshu Meena – Founder & CEO Parsel (Dropbase Software Pvt Ltd )
Sixth Bi-monthly Monetary Policy Statement, 2015-16 on Start-ups:
In keeping with the Government’s Start-up India initiative, the Reserve Bank will take steps to ease doing business and contribute to an ecosystem that is conducive for growth of start-ups. These measures will create an enabling framework for receiving foreign venture capital, differing contractual structures embedded in investment instruments, deferring receipt of considerations for transfer of ownership, facilities for escrow arrangements and simplification of documentation and reporting procedures. A detailed statement is being issued separately.
Parsel is the plug and play delivery infrastructure for every business, which is accessible on demand. All you need to do is integrate our API and start delivering. You can deliver within the city, from a small courier to 5 tonne weight; through an app, or website or over the phone. Parsel matches demand and supply for logistics in real time.
Parsel is a complete logistic solution on a mission to change the way goods currently move in India. It connects the shipper (user) directly with qualified carriers through the internet enabled web and mobile app. Parsel as a technology platform connects businesses to commercial carriers.
Parsel has three types of delivery mechanisms namely Bikes, Tempos and Small Lorries.
It also acts as a platform for local carriers to improve their capacity utilisation and enhancing overall efficiency to turn their carriers into a profitable business. It customers include E-commerce players, start-ups and institutional businesses. Parsel currently works with – Flipkart, Snapdeal, Amazon, Bisleri, ITC, Samsung, Tuborg, Mother Dairy, Hola Chef, BOXMYSPACE, Sone, Cyber Chef, NV Group, Damco, iChef.in, Subway, Fasoo’s, Zopper etc.
They currently operate out of Mumbai, Delhi and Pune. Incorporated in July 2015 it is one of the fewest start-ups to scale up its business from just a meagre 100 deliveries a day in July to 13,000 deliveries by October. Density wise too, Parsel has the highest delivery as compared to any competitor in the space. Their seed round of funding of approx Rs. 3 crore was utilized for technological, geographical and operational expansion. They will soon be raising funds through Round 1 which will be utilized for geographical expansion in India.
About Himanshu Meena:
Himanshu Meena, MBA and Engineer, with understanding of Management, Psychology and Sales, leads the team at Parsel. After graduating from IIM- Bangalore he headed a sales team of over 200 hundred members. Various Management roles since then have helped him as to become an Entrepreneur.
He has a deep understanding of value creation and flow, Money flow, customer segmentation and targeting, Business relationship, Team Management, Product vision and scope. He can contribute to all sections of operations at all stages of product lifecycle. Using the competence of Management, finance and Technology he has helped businesses realize better value.