Growsari Inc. announced that it expects to receive funding from a group of investors
June 20, 2021
Share
Growsari Inc. announced a round of funding on June 21, 2021.
On the same date, the company has received first tranche closing. The transaction included participation from new investors Tencent Holdings Ltd., Investment Arm, Pavilion Capital Pte. Ltd., International Finance Corporation, ICCP SBI Venture Partners, Saison Capital Pte. Ltd., returning investors Robinsons Retail Holdings, Inc. (PSE:RRHI), Wavemaker Partners, and JG Digital Equity Ventures. The company has received a total funding of $30 million till date including some portion of series B.
Robinsons Retail Holdings, Inc. is a Philippines-based multiformat retailer. The Company's divisions include Supermarket, Department Store, Do-It-Yourself (DIY), Convenience Store, Drug Store and Specialty Store. The Supermarket division operates under five formats: Robinsons Supermarket, Robinsons Easymart, The Marketplace, Shopwise and No Brand. The Department Store division includes Robinsons Department Store, which offers local and international brands that are grouped into categories, such as shoes, bags and accessories (including beauty and personal care), ladies' and men's wear, children's wear, household items and others. The DIY division includes brands, such as Handyman Do it Best, True Value and True Home. The Convenience Store division operates Uncle John's, which is a 24-hour convenience store chain. The Drug Store division operates three formats: South Star Drug, Rose Pharmacy and TGP. The Specialty Store division is the lifestyle arm of the Company.
ROBINSONS RETAIL HOLDINGS, INC. 
