What was the scope of their involvement?
Parysys Media was responsible for building our website from the ground up using our technical specs. It was an investment website that would integrate with the Mumbai Stock Exchange’s mutual funds platform. This would allow our clients to buy and sell on the Mumbai Stock Exchange.
Although we gave them thorough requirements, they only wrote down a few items in the contract, so we asked them to represent our entire technical document. This took a few days, and we even paid extra because they needed additional resources to handle the contract.
They eventually gave us a quote for PHP and Java and contacted us regularly during the development process. However, once we paid the project fees, they stopped responding to our calls and didn’t share the project structure. In the end, they failed to complete the site.
What is the team dynamic?
I spoke with two people, including their co-founder and a developer.
How did you come to work with Parsys Media?
They responded to our job post on Freelancer.com, were local, and seemed genuine. We had an initial meeting to go over our needs and agreed on a price. But, once we paid them, they said that our requests were outside of the statement of work (SoW), despite the fact that we’d presented a clear document from the beginning. They didn’t complete anything, even after 15–20 days, and stopped responding altogether. Eventually, I had to cut my losses.
How much have you invested with them?
I paid 50,000 Indian rupees (approximately $704 USD at the time), but the total price would have been 130,000 Indian rupees (approximately $2,000 USD). They convinced us to pay them directly rather than going through the Freelancer payment system, which had set milestone payments.
What is the status of this engagement?
We worked with them in April 2018.