Its a steep fall for Zilingo from just 5 months ago when Boses fundraising efforts valued the company at US12 billion. 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.
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Aadi Vaidya who has served as Zilingos COO since 2017 confirmed his resignation when contacted by Bloomberg last Friday.

. Zo geven we jou een duidelijk inzicht en helpen wij de kleinere webwinkels groot te worden. The Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond. Bose came up with the idea as she wandered through Bangkoks Chatuchak market.
However with the onset of the COVID-19 pandemic revenues started dipping and layoffs followed. Zilingo was once a company that was a soonicorn the value of which neared 970 bn in 2019. At first glance the implosion of.
August 4 2022 1041 AM. Ms Bose came up with the idea as she wandered through Bangkoks Chatuchak. Its a steep fall for Zilingo from just five months ago when Boses fundraising efforts valued the company at US12bil RM534bil.
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. The suburban San Francisco-based VC company was among the. Zilingo Trade is now on app on Android.
Vaidya resigned last week after 7 years with Zilingo explaining now is the time to move on clear my head and reset priorities. The revenues dropped to 13rd of what it was prior to the pandemic period which was roughly estimated at around 40 mn. Browse the vast digital catalog with a huge selection at the cheapest prices.
Zilingos origin story is part of Southeast Asias startup lore. At first glance the implosion of vaunted fashion startup Zilingo Pte looked jarringly sudden. Zilingos origin story is part of Southeast Asias startup lore.
The startup had raised more than US300 million 4144 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. The startup had raised more than 300 million from some of. Bose came up with the idea as she wandered through Bangkoks Chatuchak market.
When the Singapore tech darling suspended its 30-year-old chief executive officer Ankiti Bose over complaints about alleged financial irregularities it was March. It was practically incubated by it. 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.
Within weeks creditors were recalling loans more than 100 staff had left and Bose found herself. Browse the vast digital catalog with a huge selection at the cheapest prices. Zilingo wasnt just backed by Sequoia.
The Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond. Interviews with more than 60 people including current and former staff merchants investors entrepreneurs and friends of the key players suggest that Zilingo struggled for years under Boses leadershipBoses management style alienated employees and undermined the business according to staff who worked under her. Singapore-based B2B fashion startup Zilingo has fired its former CEO Ankiti Bose over complaints of serious financial irregularities a company statement said on.
While he said that Zilingo has given him great colleagues and. Zilingos Chief Operating Officer COO has recently resigned from the company in the latest of high-profile departures in the crisis-stricken company. 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 Zilingo Trade app.
A representative of the company Kapoor and Vaidya declined to comment. Updated May 20 2022 100 PM IST. Door middel van ons volledig geautomatiseerde check weten wij binnen 10 seconden of een webwinkel zoals bijvoorbeeld.
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. Zilingos origin story is part of South-east Asias start-up lore. When the Singapore tech darling suspended its 30-year.
The Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond. Zilingo suspended its CEO Ankiti Bose over complaints about alleged financial irregularities in March 2022. At first glance the implosion of vaunted fashion startup Zilingo Pte Ltd looked jarringly sudden.
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