KKR, backed by the International Finance Corporation IFC) and Pavilion Capital, has led a USD77.5 million Series C round in Gtowsari, a Philippines-based B2B e-commerce platform.
This latest round, which saw KKR invest USD45 million, brings Growsari’s total funding to USD110 million. The company’s existing investors include Robinson Retail Holdings, JG Digital Equity Ventures, and Wavemaker Partners.
The new funding will be used to finance the expansion of Growsari’s footprint in the Philippines.
