Zilingo

Zilingo wasnt just backed by Sequoia. Ms Bose came up with the idea as she wandered through Bangkoks Chatuchak market where 15000 stalls offer goods from across Thailand.

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Bose came up with the idea as she wandered through Bangkoks Chatuchak market.

. While he said that Zilingo has given him great colleagues and. At first glance the implosion of vaunted fashion startup Zilingo Pte looked jarringly sudden. Zilingo Trade is now on app on Android.

Bose came up with the idea as she wandered through Bangkoks Chatuchak. The startup had raised more than 300 million from some of. Zilingo COO Quits in Latest Blow for Singapore Startup.

Browse the vast digital catalog with a huge selection at the cheapest prices place and receive bulk orders from our large network of. Up until now the fashion industry has favored a select few - if you had social human and financial capital you could get anything done. However with the onset of the COVID-19 pandemic revenues started dipping and layoffs followed.

Before that Zilingo was looking to raise 150-200 million with the help of Goldman Sachs Group Inc at a unicorn valuation. Our solutions are used by factories to optimize production by brands to source more efficiently and by wholesalers retailers to trade goods in bulk. The suburban San Francisco-based VC company was among the first outsiders to cut a cheque to Bose in 2015.

Ms Bose came up with the idea as she wandered through Bangkoks Chatuchak market where 15000 stalls offer goods from across. Zilingo was once a company that was a soonicorn the value of which neared 970 bn in 2019. Zilingo a fashion technology startup backed by Singaporean state-owned investor Temasek Holdings is seeking to raise between 150 and 200 million at a valuation of more than 1 billion.

July 29 2022 111 AM 1 min read. The Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond. 1 day agoZilingos origin story is part of Southeast Asias startup lore.

Its a steep fall for Zilingo from just 5 months ago when Boses fundraising efforts valued the company at US12 billion. The revenues dropped to 13rd of what it was prior to the pandemic period which was roughly estimated at around 40 mn. It was practically incubated by it.

The US226 million Zilingo had raised from investors in early 2019 was gone in less than two years. 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 agoA representative of the company Kapoor and Vaidya declined to comment.

Zilingo was founded in 2015 by Ankiti Bose and Dhruv Kapoor with a vision to use technology to put fair and efficient business within everyones reach. Zilingos Chief Operating Officer COO has recently resigned from the company in the latest of high-profile departures in the crisis-stricken company. 18 hours agoZilingo controversy.

21 hours agoZilingos origin story is part of Southeast Asias startup lore. The startup had raised more than 300 million from some of the regions most prominent investors including Temasek Holdings Pte and Sequoia Capital India the regional arm of the Silicon Valley firm that backed Apple Inc. Vaidya resigned last week after 7 years with Zilingo explaining now is the time to move on clear my head and reset priorities.

A unicorn is a privately held startup with a valuation of at least 1 billion. Singapore-based fashion startup Zilingo has fired its Chief Executive Officer Ankiti Bose after an independent investigation into complaints of serious financial irregularities the company said. 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 company.

She and co-founder Dhruv Kapoor wanted to build a platform that would allow small merchants to sell to consumers in the region. In 2020 the pandemic battered the business and Bose saw an opportunity to supply personal protective equipment inking a deal in April to supply 10 million KN-95 masks valued at US225 million to India. Aadi Vaidya who has served as Zilingos COO since 2017 confirmed his resignation when contacted by Bloomberg last Friday.

Bloomberg -- The chief operating officer of Zilingo Pte has resigned from. But we believe the future of fashion belongs to everyone. Zilingos origin story is part of South-east Asias start-up lore.

23 hours agoZilingos origin story is part of South-east Asias start-up lore. Browse through thousands of products from our large supplier network request custom designs and personalized quotes and access a range of additional services all a touch away on the. 1 day agoThe Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond.

Zilingo provides technology services to the garment fabric lifestyle and other sectors. Yoolim Lee and Olivia Poh. In 2019 Zilingo raised 226 million led by.

Zilingo Co Founder Ankiti Bose To Appear As Guest Ceo On The Apprentice One Championship Edition