Zilingo
However with the onset of the COVID-19 pandemic revenues started dipping and layoffs followed. The US226 million Zilingo had raised from investors in early 2019 was gone in less than two years.
Introducing Sheworkz By Zilingo English Version
Bose came up with the idea as she wandered through Bangkoks Chatuchak market where 15000 stalls offer goods from across Thailand.
. 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 where 15000 stalls offer goods from across Thailand. Zilingo started seven years ago as a web portal for consumers in Southeast Asia to buy street fashion though the real star of its catwalk was always Bose.
A unicorn is a privately held startup with a valuation of at least 1 billion. सगपर क जलग न मरच म 30 सल क अपन सईओ अकत बस क ससपड. She and co-founder Dhruv Kapoor wanted to build a platform that would allow such small merchants to sell to consumers across Southeast Asia.
Profitability however was elusive and. 9 hours agoZilingos origin story is part of Southeast Asias startup lore. Before that Zilingo was looking to raise 150-200 million with the help of Goldman Sachs Group Inc at a unicorn valuation.
Bose was a celebrity who. The revenues dropped to 13rd of what it was prior to the pandemic period which was roughly estimated at around 40 mn. 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.
Zilingo was once a company that was a soonicorn the value of which neared 970 bn in 2019. The startup had raised more than 300 million from some of the regions most prominent investors including. She and co-founder Dhruv Kapoor wanted to build a platform that would allow such small merchants to sell to consumers across Southeast Asia.
Browse the vast digital catalog with a huge selection at the cheapest prices place and receive bulk orders from our large network of. Bose came up with the idea as she wandered through Bangkoks Chatuchak market where 15000 stalls offer goods from across Thailand. 8 hours agoThe Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond.
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. 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. 12 hours agoZilingos origin story is part of Southeast Asias startup lore.
12 hours agoAt first glance the implosion of vaunted fashion startup Zilingo Pte Ltd looked jarringly sudden. When the Singapore tech darling suspended its 30-year-old chief executive officer Ankiti Bose over complaints about alleged financial irregularities it was March. Within weeks creditors were recalling loans more than 100 staff had left and Bose found herself.
Source Apparel Fabric Yarn Online Zilingo Trade Worldwide. In 2019 Zilingo raised 226 million led. When the Singapore tech darling suspended its.
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. 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. 19 hours agoZilingos origin story is part of Southeast Asias startup lore.
18 hours agoZilingos origin story is part of Southeast Asias startup lore. At first glance the implosion of vaunted fashion startup Zilingo Pte looked jarringly sudden. B2B Marketplace Source customized garments fabric yarn from our top manufacturers and suppliers from Bangladesh India Sri Lanka Indonesia Vietnam and more.
Bose came up with the idea as she wandered through Bangkoks Chatuchak.
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