Tech business-to-business Growsari welcomes a new strategic partner,
Oppenheimer Generations Asia (OGA) has infused $5 million investment in tech business-to-business Growsari.
OGA brings its platform with deep roots in similar developing markets and an extensive track record of investing in sustainable businesses.
“We are excited to partner with the Oppenheimer team. They bring a shared vision of tech-based enablement of micro-entrepreneurs and of the bright future of the Philippines, while bringing a new perspective from their experience in other emerging markets,” said Shiv Choudhury, co-founder of Growsari.
Growsari is the largest platform in the e-B2B space in Southeast Asia, providing growth tools to 100,000 sari-sari stores across the Philippines.
Since its last round of funding in 2022, the business has grown two times in revenue, and is now near profitability.
