Zilingo

The startup had raised more than 300 million from some of the regions most prominent investors including. The Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond.

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. Bose came up with the idea as she wandered through Bangkoks Chatuchak. At first glance the implosion of vaunted fashion startup Zilingo Pte looked jarringly sudden. 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.

Browse the vast digital catalog with a huge selection at the cheapest prices place and receive bulk orders from our large network of. Zilingo was once a company that was a soonicorn the value of which neared 970 bn in 2019. 21 hours agoZilingos origin story is part of Southeast Asias startup lore.

Zilingo wasnt just backed by Sequoia. 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. 19 hours agoZilingos origin story is part of Southeast Asias startup lore.

When the Singapore tech darling suspended its. The revenues dropped to 13rd of what it was prior to the pandemic period which was roughly estimated at around 40 mn. 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.

Bose came up with the idea as she wandered through Bangkoks Chatuchak market where 15000 stalls offer goods from across Thailand. 14 hours agoZilingos origin story is part of Southeast Asias startup lore. 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.

17 hours agoZilingos origin story is part of South-east Asias start-up lore. Ms Bose came up with the idea as she wandered through Bangkoks Chatuchak market where 15000 stalls offer goods from across. Bose came up with the idea as she wandered through Bangkoks Chatuchak.

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. The suburban San Francisco-based VC company was among the first outsiders to.

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. She and co-founder Dhruv Kapoor wanted to build a platform that would allow such small merchants to sell to consumers across Southeast Asia. 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. The Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond. 10 hours agoThe Zilingo meltdown has rattled the tech industry in Southeast Asia and beyond.

11 hours agoZilingo controversy. Bose was a celebrity who. It was practically incubated by it.

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