What is Growsari?
Founded in 2016 and headquartered in the Philippines, GrowSari is revolutionizing the retail landscape by providing over one million sari-sari stores with enhanced service levels, a broader assortment of goods, and access to new financial services. The company equips these traditional small-scale retailers with the necessary infrastructure and digital tools to evolve from basic FMCG outlets into comprehensive community service hubs. This transformation is crucial for integrating grassroots communities into the broader digital economy.
How much funding has Growsari raised?
Growsari has raised a total of $190M across 4 funding rounds:
Series A
$30M
Series C
$45M
Other Financing Round
$110M
Other Financing Round
$5M
Series A (2021): $30M with participation from Robinsons Retail Holdings, Inc., Wavemaker Partners LLC, and JG Digital Equity Ventures
Series C (2022): $45M led by KKR
Other Financing Round (2022): $110M supported by International Finance
Other Financing Round (2024): $5M featuring Oppenheimer Generations
Key Investors in Growsari
Oppenheimer Generations
Oppenheimer Generations is a diverse investment entity focused on sustainable development and growth, likely bringing strategic capital and a long-term vision to GrowSari's expansion.
Robinsons Retail Holdings, Inc.
Robinsons Retail Holdings, Inc. is a major retail conglomerate in the Philippines, indicating a strategic partnership aimed at leveraging retail expertise and market access for GrowSari.
Wavemaker Partners LLC
Wavemaker Partners LLC is an early-stage venture capital firm, suggesting their investment supports GrowSari's growth trajectory and technological innovation.
What's next for Growsari?
With this major strategic investment, GrowSari is poised for accelerated expansion and enhanced service offerings. The substantial capital injection, particularly in the context of enterprise-level funding, suggests a strategic focus on scaling operations, deepening market penetration across the Philippines, and potentially exploring new technological integrations. This backing will likely enable GrowSari to further solidify its position as a leader in digitizing the retail sector for underserved communities, driving innovation and economic empowerment.
See full Growsari company page
