Vendease, a leading food technology procurement platform in Africa, announced today Mohamed Chaudry as the new Chief Financial Officer (CFO), highlighting Vendease’s commitment to strengthening its executive team during a period of rapid growth and active fundraising initiatives.
About Mohamed Chaudry
Mohamed Chaudry’s appointment adds over 20 years of experience to Vendease’s executive team, specializing in driving growth through scaling the business, securing financing and implementing strategic financial strategies.
His focus in Vendease is innovation and enhancing operational efficiency in food procurement across Africa. Previously, as Group Financial Director at Foodhubplayed a key role in expanding operations to 8 countries, achieving significant revenue growth and scaling the team.
At SeaJetsuccessfully secured multi-million dollar funding and spearheaded market expansion initiatives.
By The Numbers
Vendease’s innovative technology has empowered more than 4,000 African businesses effectively optimize their procurement processes and save them over $12 million in procurement costs. In addition, the company provided $72 million in credit to support the development of food businesses.
What They Say
Tunde KaraCEO of Vendease, expressed optimism for the company’s future, stating, “We are excited for the next phase of the Vendease journey. Our fundraising effort will enable us to scale our operations and introduce ground-breaking solutions that redefine the way businesses procure food.”
Mohamed Chaudry commented on his new role saying:I am thrilled to be joining Vendease at such a critical time. The opportunity to contribute to the company’s expansion and innovation in the foodtech space is truly inspiring. I look forward to working closely with the team to drive sustainable growth and deliver exceptional value to our customers.“
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