Fashinza names former FarEye President Sumit Saxena as President of Revenue and Strategy

Fashinza names former FarEye President Sumit Saxena as President of Revenue and Strategy

Dubai: Fashinza, the AI-driven B2B marketplace and real-time global supply chain platform for fashion brands and retailers, today announced the appointment of Sumit Saxena as the company’s first President of Revenue and Strategy. The appointment comes after a USD $100M Series B round of investment with investors primarily from the UAE, India, and the US, as well as a 10-fold business growth crossing $150 million in annualized GMV run rate.

Saxena will lead Fashinza’s European market operational and business growth. He joins the company after running the global business at FarEye where he played a vital role in helping the company achieve significant growth in various aspects of the business including revenue, team building and process improvement which resulted in higher profitability for the company.

As a core member at FarEye, he helped build the business in GCC, India, APAC and EMEA from the ground up. With more than 14 years of experience, Saxena will help to expand Fashinza’s customer base across key European markets, lead all aspects of global business operations and fuel the company’s continued revenue growth.

“We are excited to welcome Sumit Saxena as President of Revenue and Strategy at Fashinza,” says Pawan Gupta, CEO and co-founder of Fashinza. “He