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Power Law company profile

GrowSari

Fintech · Pasig, Philippines · Founded 2015

Growsari is a Philippine-based startup that operates as a digital platform connecting vendors with sari-sari stores, which are small, neighborhood retail outlets. The company's primary market is the Philippines, where there are over 50,000 sari-sari stores. Growsari's business model is centered around its mobile application, which allows vendors to sell their products directly to these stores, bypassing traditional distribution channels. The Growsari app offers a wide range of products from various distributors, including popular brands like Alaska, Nestle, and Lucky Me!. This provides sari-sari store owners with a convenient way to stock their stores with a diverse range of products. In addition to facilitating the purchase of goods, the app also offers additional services such as mobile load, bill payments, and cash-in services, providing store owners with additional income streams. Growsari also offers a unique "Buy Now, Pay Later" scheme, providing store owners with the flexibility to manage their cash flow. The company uses a digital currency called Growcoins, which can be used to purchase goods on the app. This innovative approach to financing helps store owners who may not have sufficient capital to purchase inventory upfront. In summary, Growsari is a digital platform that connects vendors with sari-sari stores, providing a convenient and efficient way for store owners to stock their stores and manage their finances. The company generates revenue through the sale of goods and services on its app. Keywords: Growsari, Philippines, sari-sari stores, digital platform, mobile app, vendors, inventory management, bill payments, cash-in services, digital currency.