One Million Euro Stories - S02 / E15

Vendease is building Africa's food operating system

Vendease

In this podcast episode, Iris Mettendaf talks to the Co-Founder and CTO of Vendease, Oyewale Oyepeju.

Vendease is building Africa's food operating system that automates the flow of food from farm to restaurant, optimises business operations across the value chain through accurate data deployment, reduces wastage and drives profitability. Vendease's digital procurement engine makes it easier by offering a more transparent process for restaurants in cities across Nigeria and Ghana to buy food supplies at considerably cheaper rates than open market prices, with guaranteed 12-hour delivery. In September 2022, Vendease announced its Series A, raising $30 million in venture capital.

Oyewale shares the main lesson learnt from his role at Vendease: "It's really important to be focused on the problem you are solving for your customers. You need to understand the problem. How can you do that? Talk to your customers. Don't assume anything about the problem. You need to talk to the people who are affected by the problem and its pain points. It's then you will have clarity. Then you can help your customers."


About One Million Euro Stories

Welcome to One Million Euro Stories.  

Join Iris Mettendaf on One Million Euro Stories, where she delves into the inspiring journeys of female and African founders who have successfully raised over €500,000. Each episode offers deep insights into venture capital, the tech ecosystem, and the dynamics of scaling a business. Discover stories of resilience, innovation, and leadership as these entrepreneurs share their experiences in overcoming challenges and achieving remarkable success. Tune in for expert advice, motivational stories, and practical tips to navigate the startup world and drive impactful change.

Keywords: Venture Capital, Tech Startups, Female Founders, African Entrepreneurs, Innovation, Business Growth, Fundraising Success, Startup Challenges, Leadership, Entrepreneurial Journey.



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