Techpoint Africa - Jun 16, 2025
Telcos roll out the red tape for Starlink
South African telcos MTN, Vodacom, and Telkom are open to Starlink but demand a socio-economic impact assessment before allowing operations. Starlink's broadband service is seen as a threat to local telcos due to its affordability and speed.
TechCabal - May 23, 2025
Vendease CFO resigns as the YC-backed startup restructures, seeks fresh capital
Mohamed Chaudry stepped down as CFO of Vendease in April 2025. His resignation coincided with a restructuring effort to achieve profitability.
Bendada.com - Mar 18, 2025
Vendease restructures employee salaries, seeks fresh funding
Vendease laid off 44% of its workforce, approximately 120 employees, in January. The company has shifted to a performance-based salary system with an Equity Share Option Plan (ESOP).
TechCrunch - Mar 18, 2025
YC-backed food supply startup Vendease restructures employees’ salaries
Vendease laid off 44% of its workforce, approximately 120 employees, marking its second round of job cuts in five months. The startup has replaced traditional salaries with a performance-based pay system and an Equity Share Option Plan (ESOP).
TechCabal - Feb 19, 2025
Exclusive: Vendease cuts 120 jobs in second round of layoffs
Vendease has implemented its second round of layoffs in five months, impacting 120 employees. The layoffs represent 44% of the company's staff as part of a restructuring effort.