- Growsari raises $5 million to empower Filipino sari-sari store owners.
- Company offers B2B e-commerce, financial services, and logistics to 100,000 stores.
- Growsari doubles revenue since 2022 funding, nears profitability.
Corner store revolution
Growsari, a B2B marketplace for sari-sari stores in the Philippines, has secured a $5 million investment from Oppenheimer Generations Asia.
The e-commerce startup aims to empower 1.3 million independent entrepreneurs running small neighborhood stores by democratizing access to technology and doubling their earnings.
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Triple threat of services
Founded in 2016, Growsari now serves 100,000 stores across 400 municipalities nationwide through its three business lines: SariMart (B2B e-commerce), SariPay (MSME financial services), and Tranko (last-mile logistics).
The platform offers affordable goods, free delivery, flexible payment options, and digital services to help store owners grow their businesses. Since its $77.5 million Series C funding round in 2022, Growsari has doubled its revenue and is approaching profitability.
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The fresh capital will support its existing business lines and provide liquidity to employees and early-stage investors, further solidifying its position in the Filipino retail landscape.