Billion Dollar E-Commerce & Fashion Startup Zilingo CEO Suspended with Investigations into Company Accounting Practices, Temasek & Sequoia Board Members Resign
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more
This site is for accredited investors, professional investors, investment managers and financial professionals only.
You should have assets around $3 million to $300 million or managing $20 million to $3 billion.
Billion Dollar E-Commerce & Fashion Startup Zilingo CEO Suspended with Investigations into Company Accounting Practices, Temasek & Sequoia Board Members Resign
15th April 2022 | Singapore
Billion dollar e-commerce & fashion startup Zilingo CEOAnkiti Bose has been suspended following investigations into the company’s accounting practices.Board members of Zilingo Temasek Xu Wei Yang, Sequoia Shailendra Singh and Burda Principal Investments Albert Shyy have been reported to resign as board members.Zilingo has not filed financial statements since 2019, and has been raising $150 million to $200 million through investment bank, Goldman Sachs.Zilingo CEO Ankiti Bose has hired Senior Counsel Abraham Vergis of Providence Law Asia to dispute the possible wrongdoings, and that her suspension is due to her complaints about harassment.
“ Billion Dollar E-Commerce & Fashion Startup Zilingo CEO Suspended with Investigations into Company Accounting Practices, Temasek & Sequoia Board Members Resign “
The 2024 Investment Day | 28/2 HK & 6/3 SG
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 28th February 2024 in Hong Kong, 6th March 2024 in Singapore.
Visit | Register here
The 2024 Family Office Summit20th March / 3rd April HK & 3rd / 10th April SG
Join 100+ single family offices & family office professionals in Hong Kong & Singapore
Links: 2024 Family Office Summit | Register here
Zilingo founded in 2015
Zilingo founders Ankiti Bose & Dhruv Kapoor
Zilingo was founded in 2015 by CEO Ankiti Bose and Chief Technology & Product Officer Dhruv Kapoor in Singapore to help small businesses across South Asia & South-east Asia sell their goods online.
Zilingo is a B2B technology platform that powers the global apparel supply chain with innovative solutions for production, sourcing and trade. Over the years, it has evolved into an end-to-end enabler that gives raw material suppliers, fabric mills, manufacturers, wholesalers, distributors, brands and retailers access to commerce, software and services that optimize processes at scale, create cost efficiencies and support sustainable growth. Today, our sales volume exceeds $1 billion annually.
Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
