Venturi Partners invests $25 million in DALI Discount, Philippines' leading chain of discount grocery stores
SINGAPORE, Mar 26, 2024 - (ACN Newswire) - Venturi Partners ("Venturi"), a prominent growth equity firm specialising in consumer investments across India and Southeast Asia, today announced its recent investment in DALI Discount ("DALI"), a rapidly expanding hard discount chain operating in the Philippines.
- SINGAPORE, Mar 26, 2024 - (ACN Newswire) - Venturi Partners ("Venturi"), a prominent growth equity firm specialising in consumer investments across India and Southeast Asia, today announced its recent investment in DALI Discount ("DALI"), a rapidly expanding hard discount chain operating in the Philippines.
- DALI vision is to improve daily lives of all Filipino households by providing good quality product at lowest possible price next door.
- Venturi Partners' $25 million investment in DALI underscores the firm's confidence in the company's hard discounter business model, strong management team, and the large market opportunity to disrupt the retail landscape in the Philippines.
- DALI will join Venturi Partners' portfolio of consumer-focused investments in India and Southeast Asia which includes Livspace, Country Delight, Believe, and Pickup Coffee.