Singapore – Growth equity firm Venturi Partners announced it has invested a total of $25 million in DALI Discount, a rapidly expanding hard discount chain operating in the Philippines, to help support its growth and expansion.
The firm’s investment is set to further accelerate DALI’s ambitious expansion plans to fulfil its mission to sell high-quality, affordable groceries for everyday consumption at the lowest possible price in its local neighbourhood stores.
Leveraging its deep consumer industry expertise and extensive network, Venturi is well-positioned to support DALI in accelerating its expansion initiatives, enhancing operational efficiency, and further strengthening its market presence across the Philippines.
Venturi Partners’ decision to invest in DALI highlights the firm’s belief in the company’s hard-discounting business model, capable management team, and significant market potential to disrupt the retail sector in the Philippines.
This transaction represents Venturi’s second investment in the Philippines, following its investment in grab-and-go coffee chain Pickup Coffee last year. With this, DALI will join the firm’s portfolio of consumer-focused investments in India and Southeast Asia, including Livspace, Country Delight, and Believe.
Meanwhile, Venturi will join Navegar, Creador, the Asian Development Bank, and other institutional investors and family offices on DALI’s cap table.
DALI offers a core range of the 400 most needed consumer goods—food and non-food. The store chain is committed to providing customers with everyday low prices without sacrificing quality.
Nicholas Castor, founding partner at Venturi, said, “We are thrilled to announce our partnership with DALI, a company that is democratising access to high-quality groceries in the Philippines. 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.”
