We’re VENDUM…. We’re a market maker for daily essential commodities.

We believe in a world of efficient commodity markets where

• Buyers are assured of quality, quantity and competitive pricing.
• Sellers are assured of ready buyers for their quality products, large volume and at competitive price.
• Immediate settlement of funds for financial liquidity.

Being a market maker, we make commodity Markets function efficiently by

1. Connecting buyers and sellers.
2. Facilitating reverse auctions-based trading for each commodity. We enable transparent and competitive pricing of commodities based on demand and supply.
3. We assure the quantity and quality of the products supplied to Buyers.

A reverse auction is a type of auction in which

1. Buyers (through VENDUM) submit a request for the commodity.
2. Sellers place bids.
3. Seller(s) with the lowest amount quoted wins the auction.

With the availability of smart mobile phones and internet, reverse auction-based sourcing of commodities assures price discovery of products and enable multiple sellers to connect with multiple buyers on a real-time basis.