Tencent, Credit Saison and JG Summit have all contributed to a $16m round for GrowSari while Greenvolt is set to acquire up to 29% of solar system installer Perfecta Energía.

Funding

Philippines-based business-to-business product marketplace GrowSari has raised an amount likely to be about $16m in series B funding from investors including internet group Tencent, payment services firm Credit Saison’s investment arm, Saison Capital, and Robinsons Retail Holdings and JG Digital Equity Ventures – both subsidiaries of conglomerate JG Summit – TechCrunch reported today. ICCP SBI Venture Partners, a joint venture between SBI and ICCP Venture Partners, also took part, as did Pavilion Capital, International Finance Corporation and Wavemaker Partners.…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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