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Updated:2024-11-26 01:29 Views:88
MANILA, PHILIPPINES – Filipino tech startup Packworks won four awards at the KMC Startup Awards 2024 during its gala night on November 15hondawin, 2024.
Packworks provides a business-to-business (B2B) open platform to sari-sari stores.
READ: Packworks, dGT.asia to promote sari-sari store tech upgrade
Article continues after this advertisementThe company gained recognition for its innovative contributions to empowering these establishments and shaping the future of Philippine hyperlocal retail:
FEATURED STORIES TECHNOLOGY Scroll, Play, Repeat: NEW vivo Y19s delivers vibrant display and smooth performance TECHNOLOGY Pokemon GO company uses player data for training AI map models TECHNOLOGY DOST develops eco-friendly mulch for sustainable farming Gold winner: Tech Innovator Gold winner: Emerging Business Leader of the Year for Packworks CEO Bing Tan Silver winner: Social Impact Award Bronze winner: Startup of the YearPackworkds Chief Executive Officer Bing Tan emphasized Packworks’ mission of helping sari-sari store owners, especially women, while keeping up with the rapid digital landscape:
“We wanted to create a model built around inclusion – to uplift lives and empower the sari-sari stores we work with, not replace them.”
Article continues after this advertisement“We dedicated this award to all the sari-sari stores,” he added.
Article continues after this advertisementAlso, the CEO stated the following as he reflected on the company’s latest milestone:
Article continues after this advertisement“These achievements are a testament to how our mission resonates with business leaders and peers in the startup ecosystem…”
“… validating our efforts to empower grassroots businesses and drive innovation in e-commerce and retail.”
Article continues after this advertisement“We remain committed to uplifting sari-sari stores and shaping the future of hyperlocal retail through technology and inclusion.”
Packworks’ platform empowers over 300,000 sari-sari stores nationwide by digitalizing their operations.
Specifically, it upgrades its pricing, inventory management and sales tracking.
Moreover, it provides access to working capital loans.
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The KMC Awards is on its second year and it capped off Philippine Startup Week from November 11 to 15hondawin, 2024.
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