KKR Leads Series C Round in Philippine B2B Platform GrowSari with US$45 Million Investment
KKR, a leading global investment firm, and GrowSari (the Company), a B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) in the Philippines, today announced the signing of definitive agreements under which KKR will invest US$45 million to lead GrowSaris Series C funding round.
- KKR, a leading global investment firm, and GrowSari (the Company), a B2B e-commerce platform serving micro, small and medium-sized enterprises (MSMEs) in the Philippines, today announced the signing of definitive agreements under which KKR will invest US$45 million to lead GrowSaris Series C funding round.
- KKRs investment in GrowSari will support the Companys expansion into more regions across the Philippines and strengthen its financial services capabilities.
- In 2021, the Singapore Venture Capital & Private Equity Association named GrowSari as Venture Capital Deal of the Year.
- The ongoing Series C round is significantly oversubscribed, having drawn keen interest from new and existing investors.