Packworks, a Filipino startup that provides a business-to-business (B2B) open platform to sari-sari stores, has achieved a major milestone by winning four awards at the KMC Startup Awards 2024 during its gala night on November 15. The company was recognized for its innovative contributions to empowering sari-sari stores and shaping the future of hyperlocal retail in the Philippines.
Packworks earned the gold honor in the Tech Innovator category for revolutionizing the grassroots retail sector in the Philippines. Packworks' platform empowers over 300,000 sari-sari stores nationwide by digitizing their daily operations with tools for pricing, inventory management, and sales tracking, while also providing access to working capital loans. Partner stores benefit from increased income through exclusive discounts from partner FMCG brands and companies, making the platform a game-changer for small-scale retailers.
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