PARK N PARCEL
Left: TAN Gan Hong, Right: Bryan SEE TOH
“Christopher and Ting Yan are fantastic VCs to work with, not just asking for numbers and results like some typical VCs. They are approachable and ready to lend a hand in times of need. ”
What is your business all about?
Park N Parcel is a tech-enabled last-mile delivery company providing efficient and delivery services for businesses in Singapore. Launched in 2016, Park N Parcel has also built an extensive network of parcel collection points, one of the largest in Singapore to alleviate the problem of missed parcel delivery problems.
What made you decide to accept investment from TRIVE?
TRIVE has invested in a number of promising startups that Park N Parcel can interact and collaborate to form strategic partnership. In addition, Christoper and Ting Yan have in-depth experience and mentored more than 1000+ startups across South-East Asia, and their insights and advice would be valuable to the growth of Park N Parcel.
How TRIVE has aided you?
TRIVE's close connection with government agencies has been a great help to bridge integral connection and aid the growth of the company.In addition, TRIVE have introduced a number of customers to us which we managed get substantial business from.
The team at TRIVE are approachable and ready to lend a hand in times of need. Case in point, there was a period we are facing manpower crunch due to spike in demand. TRIVE immediately deployed a few of their interns to help alleviate the manpower shortage situation.
What is your motto in life?
Bryan: Think big, dream big and live big.
Gan Hong: Take action and live your dreams.
TRIVE: What we saw in the team
Bryan and Gan Hong first approached us in mid 2017. Back then, they’ve had good traction with their residential “parker” network but we were unconvinced about the size of the market in that space and advised them to look for a network with higher touch points.
In the later part of 2017, the team came back with a new model to leverage underutilised spaces in retail points within walking distance of the train stations. We kept a close watch on their development and was impressed by their ability to spot gaps in the market, pivot models and execute fast. The team showed resilience to work through difficult decisions and should be credited for that.