Zilingo

Bose was suspended after alleged financial irregularities were spotted when the company tried raising more funds. Singapore-based B2B fashion startup Zilingo has fired its former CEO Ankiti Bose over complaints of serious financial irregularities a company statement said on.


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The chief executive officer CEO of Singaporean e-commerce startup Zilingo Ankiti Bose has been fired after alleged accounting irregularities were uncovered earlier this year by the company.

. 1 day agoAnkiti Bose the beleaguered founder and CEO of Zilingo told ET in an interview immediately after being ousted by the Singapore-headquartered ecommerce company that she was not given a chance to answer any of the allegations levelled against her. 1 day agoA dds details from statements issued by Zilingo and Bose. On April 11th after her suspension on March 31 Ankiti Bose brought to the boards attention for the first time certain harassment-related issues.

Browse the vast digital catalog with a huge selection at the cheapest prices place and receive bulk orders from our large network of. The company in a statement said Following an investigation led by an independent. May 20 Reuters - Singapore-based fashion startup Zilingo has fired its Chief Executive Officer Ankiti Bose after an.

Zilingo Pte one of Singapores highest-profile startups has suspended Chief Executive Officer Ankiti Bose after an effort to raise new funding led to questions about the companys accounting. 1 day agoZilingo - an online fashion company that supplies technology to apparel merchants and factories -- was founded in 2015 by Ankiti Bose and chief technology officer Dhruv Kapoor. It said recent online reports had caused irreparable damage.

1 day agoAroon Deep. 1 day agoZilingo ousted Bose after an investigation led by an independent forensics firm into complaints of serious financial irregularities it said in an emailed statement on Friday. The company decided to terminate Ms Ankiti Boses employment with cause and reserves the right to pursue appropriate legal action it said in the statement.

The Singapore-headquartered startup was founded in 2015 by Ankiti Bose and Dhruv Kapoor and has operations spanning Indonesia Hong Kong Thailand Philippines Australia India and the United States. Browse the vast digital catalog with a huge selection at the cheapest prices place and receive bulk orders from our large network of. Zilingo Trade is a B2B marketplace for wholesale buyers and sellers in categories including fashion lifestyle furniture home goods office supplies fabric health beauty to trade effortlessly online.

1 day agoUpdated May 20 2022 100 PM IST. 1 day agoSingapore-based Zilingo said on Friday May 20 it had fired Chief Executive Ankiti Bose after an independent investigation into complaints about what the fashion technology startup described as. 1 day agoZilingo co-founder and former CEO Ankiti Bose on Friday alleged that she has been fired from the company for insubordination adding.

The 30-year-old said she was unclear about her next steps but that there is more to this allegation suspension. 1 day agoZilingos directors talked regularly in mid-April to consider Boses future and that of the startup itself Bloomberg reported April 19. Zilingo is a technology and commerce platform in the fashion industry.

1 day agoAnkiti Bose the CEO of Singapores B2B fashion firm Zilingo was sacked for alleged financial irregularities bringing an end to a long-running feud between the companys shareholders board and founder. Zilingo had raised 226 million in its Series D round in February 2019 at a valuation of 970 million. Singapores Zilingo has fired CEO Ankiti Bose for alleged financial irregularities capping a dispute between the companys shareholders board and the founder.

1 day agoZilingo ousted Bose with cause after an investigation led by an independent forensics firm into complaints of serious financial irregularities it said. Zilingo a fashion technology startup backed by Singaporean state-owned investor Temasek Holdings is seeking to raise between 150 and 200 million at. Zilingo fires its cofounder and CEO Ankti Bose after probe.

1 day agoZilingo said that Bose made certain harassment-related allegations only after she was suspended on March 31 and an investigation has concluded that the firm took appropriate action. 1 day agoZilingo Pte has fired co-founder Ankiti Bose deepening a dispute over accounting practices thats plunged the once high-flying startup into. Zilingos directors talked regularly in mid-April to consider Ms Boses future and that of the start-up itself.

On April 12 Bose had been suspended from the company. It also raised a bridge round of 35 million from existing shareholders last year. The company which counts Singaporean state holding company Temasek and Sequoia Capital among its investors had previously stated that its shareholders and board.

1 day agoThat investigation into Zilingos finances started even as Bose was hunting for investments that would push the companys valuation to 1 billion. Following an investigation led by an independent. Zilingo said the investigation concluded the company took appropriate action and followed due process to address these complaints.

Bose had been suspended from the company on March 31. Zilingo Trade is a B2B marketplace for wholesale buyers and sellers in categories including fashion lifestyle furniture home goods office supplies fabric health beauty to trade effortlessly online. The co-founder meanwhile had pressed the board to clarify her status in part.


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