GrowSari Secures $5 Million in Funding to Revolutionize Philippine Sari-Sari Stores

GrowSari, the revolutionary B2B platform empowering the Philippines' sari-sari stores, has successfully raised $5 million in its latest funding round. Since its inception in 2016, GrowSari has continually evolved from a modest ordering platform serving a handful of stores in just three cities to a powerhouse supporting over 50,000 stores across 100 cities each month. This significant influx of capital will enable GrowSari to enhance its technology infrastructure, diversifying its offerings and improving service levels to transform these vital community hubs from simple FMCG outlets into comprehensive service centers. The company is dedicated to helping its network of more than one million sari-sari stores gain better access to essential inventory, working capital loans, and a plethora of vital microservices, including telco load and bill payments. With the new funding, GrowSari aims to further develop its platform’s data and analytics capabilities, providing crucial insights that will benefit both store owners and their suppliers in crafting effective strategies and campaigns. This funding round reflects the growing recognition of the significance of small retailers in the Philippine economy. As GrowSari continues its mission to uplift grassroots communities through enhanced digital services, this capital raise will significantly accelerate its efforts, paving the way for even more sari-sari stores to thrive and play an integral role in their neighborhoods.