Zilingo

Zilingo founder Ankiti Bose alleged that co-founder Dhruv Kapoor and former COO Aadi Vaidya have engaged in deceptive activities, misleading both her and the company's investors in an attempt to gain financial advantages.

Sacked Zilingo CEO Ankiti Bose gave herself 10x salary hike without approval: report

Indian-origin co-founder and CEO of Zilingo Ankiti Bose was sacked last year after alleged discrepancies in the company’s accounts.

Zilingo co-founder Ankiti Bose files $100-mn defamation suit against investor Mahesh Murthy: Reports

Bose has accused Murthy, managing partner at early stage venture capital firm Seedfund, of falsely casting aspersions on her in an article on March 1.

Only topline important, not bottomline being propounded by VCs is like a Ponzi scheme: NR Narayana Murthy

In response to a question on balancing the aspirations of startups to grow as quickly as possible versus keeping costs in check, Murthy held the investors responsible.

Big 4 auditors need to double down on diligence to net willful fraudsters, says Sequoia Capital’s Rajan Anandan

Sequoia Capital’s Rajan Anandan stated that the ecosystem should focus on startups much earlier in terms of governance practices that need to be put in place.

Sequoia-funded Zilingo, founded by Ankiti Bose, to liquidate after crisis

The liquidation process spells an end to a startup whose implosion and months-long battle for survival sent shock waves through Southeast Asia and India’s tech industries.

GoMechanic fraud: How chasing growth at all costs brought down a rising startup

GoMechanic had all the right mix to be a pioneer in the garage services business. It had the first-mover advantage, IIM A-graduate founders, big names of the VC world either invested or interested, a strong customer base, and a network of nearly 1,000 garages across 40 cities in place. Yet things went downhill.

How a celebrity CEO’s rule of fear helped bring down hot startup Zilingo

The Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond. Its CEO Ankiti Bose found herself fired, though she denies any wrongdoing. The company’s survival is now in question.

Zilingo COO Aadi Vaidya quits in latest blow for Singapore startup

Aadi Vaidya, who joined the company in 2015 and became the COO two years later, confirmed his resignation when contacted by Bloomberg News. Friday is his last day at the company, Vaidya said in his response.

Ankiti Bose steps down from Zilingo board

Bose said she is stepping down because the board has failed to show her any report pertaining to investigations into the company or into her alleged misconduct

Share problems with your board; never hide issues with investors, Dream11’s Harsh Jain tells startups

Jain’s comments come at a time when a few startup founders in India and Southeast Asia including founders of some of the region’s largest unicorns, have had skirmishes with their board members, owing to multiple issues right from sexual harassment claims to accounting irregularities.

CoinSwitch Kuber ropes in Zilingo's former CFO Ramesh Bafna as finance head

In his previous roles, Bafna has worked with e-commerce companies such as Myntra and Flipkart and IT services major Wipro.

Zilingo's shareholders await board's decision as meeting ends inconclusive

The Board did not conduct any voting today on any of the proposals, and the directors said that the Board will meet again after considering the management buyout offer and liquidation of the company.

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Zilingo founders join hands, make buyout offer as B2B startup teeters on edge of liquidation

According to the letter, the new investor will be infusing $8 million in equity in tranches. The offer further stated that pursuant to Singapore's Insolvency, Restructuring, and Dissolution Act, Zilingo will be transferred to the ownership of a newly incorporated entity.

Personal photos circulated, apps full of hate messages, says sacked Zilingo CEO Ankiti Bose

In an Instagram post on May 27, Ankiti Bose said it was tough for her to look at her phone without choking up. “I have never experienced hate and threats of violence at this scale before," she added.

Zilingo ex-CEO Ankiti Bose says receiving threats, calls sacking 'witch-hunt'

Ankiti Bose co-founded celebrated start-up Zilingo when she was just 23.

Singapore's B2B ecommerce startup Zilingo fires Ankiti Bose after suspension as ex-CEO vows to fight back against 'witch hunt'

"We will pursue our rights against this witch-hunt to the full extent of the law," says ex-CEO

Allegations of Board suspending Bose for silencing harassment complaints false: Zilingo

Zilingo’s statement comes a couple of weeks after multiple media reports said that Zilingo had suspended Bose for accounting-related issues

Sequoia’s Shailendra Singh leaves Zilingo board amid accounting probe

Shailendra Singh , a managing director at the influential venture capital firm, resigned as a director about a week ago, after the departures of Temasek Holdings Pte’s Xu Wei Yang and Burda Principal Investments Ltd.’s Albert Shyy, said the people, asking not to be identified because the move hasn’t yet been made public.

Who is Ankiti Bose, the suspended Zilingo CEO who co-founded the company at 23

Ankiti Bose, Zilingo co-founder, started her career with a brief stint at McKinsey & Company in 2012 and joined Sequoia Capital as an investment analyst in 2014.

Singapore’s Zilingo is said to suspend CEO amid investigation

The company, which supplies technology to apparel merchants and factories, had been trying to raise $150 million to $200 million with help from Goldman Sachs Group Inc when investors began to question its finances as part of the due diligence process.

Fashion startup Zilingo raises $226 million from Singapore's Temasek, others

The Series D financing follows a $54 million fundraising last year, taking the total capital raised by the company to $308 million. The company declined to provide valuation.