Growsari

An exciting first ever Global eB2B Founders Summit held in Singapore, hosted by Evercore Partners Last week, the top minds in the eB2B space (Commerce and Fintech) gathered together at the first-ever Global eB2B Founders Summit held in Singapore. The founders of the biggest 16 companies from Asia, Africa, and the Middle East got a chance to openly discuss learnings and opportunities from the space in this closed door event. The event was hosted by Evercore Partners, who captured the following themes coming out of the event: 📌 Despite all the changes in the trade landscape, traditional trade continues to be critical and will be the core of most of our emerging markets. 📌 Generation 1 of this model (high volume, marketplace only, price-led, high GMV / low unit economics) is over. The survivors are all companies that are now building differently - lower GMV / growth, balancing profitable unit economics, working capital conservation. 📌 There is more in common across markets than different, BUT we need to keep local nuances in mind across assortment and supply chain. 📌 The role of Fintech in solving the problems of small businesses is clear - and the best companies are operating these quite independently from Commerce. 📌 There is a big opportunity to collaborate across geographies - across sourcing, private label, and tech-product. We were also graced by key eB2B investors across the space, including IFC, Wavemaker Partners, KKR, Openspace Ventures, Saison Capital, and Argor Capital, all of whom are actively shaping the future of eB2B innovation. These investors brought invaluable insights on navigating challenging market conditions and unlocking funding opportunities. By facilitating meaningful connections between investors and entrepreneurs, the summit reinforced its role as a catalyst for the next generation of eB2B disruption. The event also featured keynote speakers who shared deep insights from their experiences: 🎤 Jason Moy (Head of Consumer at BCG) spoke on “Potential Multiplayer Scale Synergies Across Markets”, sparking a thought-provoking conversation on cross-market opportunities. 🎤 Magnus Ekbom (Co-Founder of Lazada, now at SEAI Technologies) shared invaluable lessons drawing from his extensive experience in scaling regional platforms. Beyond the panels and presentations, the most valuable part of the summit was the conversations—open, candid, and filled with insights that will no doubt inspire future breakthroughs. A huge thank you to all the founders, speakers, and partners who made this event a success. Here’s to fostering innovation, collaboration, and growth across markets! 🚀 Growsari Vigo Retail Quqo KiotViet Dagangan Baskit AwanTunai Validus MaxAB Wasoko OmniBiz Africa Maad udaan.com Jumbotail DIRECT | Empowering Retailers PriyoShop Bazaar Technologies #eB2B #FoundersSummit #Collaboration #Innovation #Leadership #GlobalGrowth

A big thank you to everyone who attended the first-ever Sales Leadership Forum powered by Growsari! Despite the strong rains, the top 30 sales leaders joined us for a night of good food, insightful talks, an engaging panel discussion, and networking opportunities. It was a pleasure to get to know everyone and hear about their thoughts and experiences on the current GTM landscape. Special thanks to the Bain team Gina Yu-Aquino Yukiko Tsukamoto and Shivika Mansata and our panelists Ralph Umali, Oscar Villamora, and Arsalan Khan for contributing to the success of the event. Growsari looks forward to seeing you all at the next Sales Leadership Forum! Stay tuned for more exciting surprises in the future.

Growsari thrilled to announce the first invite-only Sales Leadership Forum in the Philippines! This exclusive event will bring together 40 of the top sales leaders and experts to discuss the future of sales, evolving go-to-market strategies, and more. Our esteemed speakers include Gina Yu-Aquino & Tyrone Almeida from Bain & Company, and a panel discussion featuring Oscar Villamora from Universal Robina Corporation, Arsalan Khan from Nestlé, and Ralph Umali from Century Pacific Food, Inc..

Growsari is a Filipino B2B e-commerce platform that has so far raised US$112.5 million with this latest capital injection Read here: https://lnkd.in/g3Z6fA2h -with Oppenheimer Generations Asia #fintech #B2B #ecommerce #funding

Growsari , a Philippine-based B2B e-commerce platform backed by Chinese internet giant Tencent and private equity major KKR, has raised $5 million from family office Oppenheimer Generations. https://lnkd.in/gspshJ8P

Growsari is honored to have Queen Máxima of the Netherlands join the team in visiting sari-sari stores and learning more about the state of small-scale entrepreneurs in the country. Addressing access to flexible loans and low-cost products for small micro business owners, Growsari welcomes Queen Máxima’s support for financial inclusion, digitalization, and transformation of small stores. #EmpoweringMSMEs #GrowWIthGrowsari

#CIIP is delighted to launch a new compilation of eight case studies developed in conjunction with the 2023 Financial Inclusion study “Financial Inclusion in Post-COVID Southeast Asia: Accelerating Impact Beyond Access”. It is a collection of stories of how financial services providers (FSPs) in Southeast Asia have gone beyond the provision of financial services to make conscious efforts to address #underserved markets. These case studies reveal how these FSPs have done so by assessing their contributions to the #financialhealth of their customers and monitoring the #impact of their services. This compilation is put together by the Centre for Impact Investing and Practices (CIIP) in partnership with the eight FSPs featured in this compilation: Amartha (Indonesia), BPI Direct BanKo (The Philippines), Funding Societies | Modalku Group (Southeast Asia), Growsari (The Philippines), KoinWorks (Indonesia), Noburo Wealth-Being (Thailand), TYM - TINH THUONG MICROFINANCE INSTITUTION (Vietnam), and Vui App by Nano Technologies (Vietnam). It is intended as an accompaniment to the 2023 Financial Inclusion study, which had contributions from 60 organisations, including industry associations and investors, 31 FSPs and over 8,500 customers across six markets in Southeast Asia (Cambodia, Indonesia, Myanmar, the Philippines, Thailand and Vietnam). Each case study delves into a unique approach adopted by the FSP and showcases their efforts to address specific challenges and create lasting impact in their respective communities. From empowering MSMEs to providing specialised services for low-income women, these companies showcase the diverse strategies which can be deployed to drive financial inclusion and uplift livelihoods. We are grateful to the FSPs featured for their time, insights, and willingness to share their journeys, so that others may be similarly inspired. Find the studies here: https://lnkd.in/gXVy54gZ  #FinancialInclusion #SustainableDevelopment #ImpactInvestment #ProfitWithPurpose 

10 million orders delivered and thousands of sari-sari stores transformed 🚚 The first half of this year marked a significant milestone for Growsari, as we celebrate reaching 10 million orders! 🤩 Here’s to millions more and our commitment to uplifting MSMEs in the Philippines! #GrowWithGrowsari #EmpoweringMSMEs

We’re thrilled to share that Bazaar Technologies, eFishery, FIT HUB, and Growsari have made this year’s list of Endeavor Outliers, representing the best-performing, fastest-growing companies in the Endeavor community. These companies are not only tackling meaningful problems in their markets, but also scaling rapidly, demonstrating a clear path to profitability, and making a significant impact on their communities. 🐠 eFIshery, one of Indonesia's newest unicorns valued at over US$1B, is the country’s largest aquaculture startup. It is helping improve the lives of over 70,000 aquaculture farmers in the country through its end-to-end platform, which provides access to automatic fish and shrimp feeders, along with feed, financing, and markets. 🛒 Growsari is a B2B platform empowering the Philippines’ sari-sari (mom-and-pop) store owners with direct access to FMCG inventory and discounts, and other essential services like loans. With over 100,000 partner sari-sari stores, Growsari has raised US$110M in total funding, the largest ever in the Philippines’ B2B space. 🏃♀️ Fit Hub addresses Indonesia’s health and wellness challenges, offering hyperlocal yet affordable gym access in over 10 cities. The company serves 75,000+ members, bridging the gap between good quality and affordable gym options. 🏪 Bazaar, the leading e-commerce, fintech, and supply chain platform in Pakistan, supports over 5 million businesses, mainly neighborhood convenience stores. Operating in over 48 towns and cities, Bazaar helps businesses procure inventory, manage bookkeeping, and access credit. Cheers 🥂 to our portfolio companies for this well-deserved recognition. May you continue to inspire the next generation of impact-driven entrepreneurs! Learn more: https://lnkd.in/eJ8zfFwQ #wavemakers #WavemakerPartners #EndeavorOutliers #startups