Growsari is a tech-enabled B2B platform that connects small and medium-sized enterprise (SME) retailers with fast-moving consumer goods (FMCG) suppliers, facilitating efficient inventory management and procurement. The platform addresses the challenges of supply chain access and financial constraints for retailers by offering a comprehensive app for purchasing goods, managing bills, and providing a Buy Now, Pay Later option.
Funding
$128M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
KVFounders
Product
Problem
Small and medium-sized retailers often face challenges in accessing a consistent supply of goods and managing their inventory efficiently. Limited access to diverse suppliers and financial constraints can hinder their ability to compete effectively and grow their businesses.
Solution
Growsari is a B2B platform designed to connect SME retailers with fast-moving consumer goods (FMCG) suppliers, streamlining inventory management and procurement processes. The platform provides a mobile application that enables retailers to purchase goods at distributor prices from a wide range of suppliers. In addition to procurement, Growsari offers integrated bill management and a Buy Now, Pay Later (BNPL) option to alleviate financial pressures and facilitate smoother transactions. By consolidating these services, Growsari aims to empower retailers, improve their operational efficiency, and enhance their ability to serve their communities.
Target Audience
The primary target audience is small and medium-sized retail store owners (Tinderas) seeking to streamline their procurement process, access better pricing, and manage their finances more effectively.
Features
- Mobile app for ordering goods from 300+ distributors
- Integrated eNegosyo services for additional income through load, bills payment, and cash-in functionalities
- Buy Now, Pay Later (BNPL) option for flexible payment terms
- Digital currency (Growcoins) for purchasing goods within the app