I have enabled the "Parallel sprint" options from JIRA lab and created the two sprint and work on it. May i know whether any data loss(JIRA task details) occurs, incase if they don't want to implement the feature.
Thanks in advance,
There might be. There's no way of knowing at this point.
I imagine that if this feature is accepted into the core, then you won't lose anything. Although it's entirely possible that there might not be a migration path, so you might lose the existing sprint data.
I cannot imagine why any scenario would lose you any data on issues. I suspect the only exception might be for sprint data. I could see a problem if you have some parallel sprints and the process can't handle it, it may simply pick the latest open sprint and close the rest, or even delete thm.
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