Zilingo

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

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Before that Zilingo was looking to raise 150-200 million with the help of Goldman Sachs Group Inc at a unicorn valuation.

. 1 day agoA representative of the company Kapoor and Vaidya declined to comment. Zilingo was once a company that was a soonicorn the value of which neared 970 bn in 2019. Zilingo Trade is now on app on Android.

At first glance the implosion of vaunted fashion startup Zilingo Pte looked jarringly sudden. Zilingo will always stay close to my heart but I feel now is the time to move on and reset priorities for the future said Vaidya who owns around 2 in. The Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond.

However with the onset of the COVID-19 pandemic revenues started dipping and layoffs followed. 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 agoZilingos origin story is part of South-east Asias start-up lore.

23 hours agoZilingo controversy. Zilingo was until recently a rising star in the world of fashion e-commerce and its glamorous leader Ankiti Bose was a model young achiever. 1 day agoZilingos origin story is part of Southeast Asias startup lore.

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. The US226 million Zilingo had raised from investors in early 2019 was gone in less than two years. Browse the vast digital catalog with a huge selection at the cheapest prices place and receive bulk orders from our large network of.

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. In 2019 Zilingo raised 226 million led by. 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.

Browse the vast digital catalog with a huge selection at the cheapest prices place and receive bulk orders from our large network of. 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.

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

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.

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