Venturi Partners invests $25m in DALI Discount for Philippine expansion

It is Venturi Partners’ second Philippine investment after Pickup Coffee.

Philippine-based grocery chain DALI Discount has received $25m in investment from equity firm Venturi Partners for its ambitious expansion plans.

The firm has invested out of its $180m maiden fund to further DALI’s operation as the top discounter in Philippine retail.

Through the $25m investment, Venturi Partners has found confidence in DALI’s firm discounter business model, strong management team, and large market opportunity over the growing retail landscape in the Philippines.

ALSO READ: Flipkart invests $54m in Myntra to fuel India's fashion e-commerce boom

“DALI's commitment to maximising value for its customers aligns seamlessly with our consumer-first investment philosophy, and we see tremendous potential for the company to expand its reach and improve the lives of even more households across the Philippines,” Nicholas Cator, founding partner at Venturi, said.

DALI is Venturi’s second investment in the Philippines, with the first being quick-service coffee chain Pickup Coffee last year.

Also Read

GOELIA expands with 9 new store openings in China and Singapore

Gentle Monster opens first flagship boutique in Australia

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit