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Inspired By BKK's Chatuchak Market, This 27-Year-Old CEO Built A US$970M Fashion Marketplace. Ankiti Bose and Dhruv Kapoor co-founded Zilingo at age 23 and 24 respectively. Zilingo started off as a fashion marketplace in 2015, but it has since evolved to be a B2B platform that helps merchants in Southeast Asia scale their businesses.

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The $226 million Zilingo had raised from investors in early 2019 was gone in less than two years. In 2020, the pandemic battered the business and Bose saw an opportunity to supply personal.

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As of February this year, Singapore-headquartered Zilingo had 7 million active users globally and a valuation of $970 million. That puts Bose on course to become India's first woman to co-found a.

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Zilingo's origin story is part of South-east Asia's start-up lore. Ms Bose came up with the idea as she wandered through Bangkok's Chatuchak market, where 15,000 stalls offer goods from across.

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As CEO, Bose retained the US-based Creative Artists Agency for branding herself and Zilingo. The startup had to beg to be released from the two-year, $2.4 million contract citing the pandemic.

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Zilingo adalah platform teknologi yang menggerakkan rantai pasokan global dengan solusi perdagangan inovatif. Berdiri pada tahun 2015, Zilingo memiliki visi untuk menempatkan bisnis yang bertanggung jawab dan efisien dalam jangkauan semua orang. Selama bertahun-tahun, Zilingo telah berkembang menjadi pendukung rantai pasokan dari hulu ke hilir yang memberi akses ke perdagangan dalam satu.

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In Partnership With. SINGAPORE — Founded in 2015 as a fashion and beauty marketplace for consumers in Southeast Asia, Zilingo set its ambitions to level the playing field in the fashion supply chain that traditionally prevented small businesses from having financial opportunity and entrepreneurial growth. In 2017, Zilingo's B2B platform was.

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Zilingo is a technology and commerce platform founded in 2015 by Ankiti Bose and Dhruv Kapoor, and has operations spanning Indonesia, Hong Kong, Thailand, Philippines, Australia and the United States. In January 2023, Bloomberg reported that the company was preparing to liquidate.

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According to Bloomberg, Zilingo's last headcount stood at fewer than 100 staff in India, Indonesia, Sri Lanka and Bangladesh. Zilingo was founded in 2015 by Ms Ankiti Bose and Mr Dhruv Kapoor.

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Zilingo launched its platform in the U.S. last summer, with an additional $100 million investment in the U.S. market in October. The company aims to disrupt the monopoly within the fashion.

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Zilingo wasn't just backed by Sequoia; it was practically incubated by it. The suburban San Francisco-based VC company was among the first outsiders to cut a cheque to Bose in 2015.

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Zilingo, a Singapore-based B2B fashion tech startup, valued at $1 billion in 2019, is set for liquidation after a prolonged crisis. The countdown to the company's demise started during an AGM held on 10 February 2023, when the decision to initiate the dissolution process was made. The process can take anything between 3 and 6 months.

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Zilingo is a technology platform that powers the global supply chain with innovative trade solutions. It was founded in 2015 with a vision to put responsible and efficient business within everyone's reach. Over the years, it has evolved into an end-to-end supply chain enabler that gives brands, wholesalers, distributors, retailers, and factories access to trade, financing, and logistics on.

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Zilingo was valued at close to US$1 billion (S$1.3 billion) in a 2019 funding round, when Ms Bose was 27. But the Covid-19 pandemic took a toll on its business, and the company was forced to cut.

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Kerry Group will invest CAD 17 million ($13.5 million) in its plant in Sainte-Claire, Québec. The Irish company will install a new production line to meet the growing demand for aseptically.

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Sources at Zilingo told us the deal would have valued Zilingo at $200 Mn, a fifth of the $970 Mn valuation that it raised its last round at in December 2019 from Jay-Z's venture fund Arrive.