March 31 2022. Ankiti Bose co-founder of Singapore-based start-up Zilingo has been fired today May 20 from her post as the Chief Executive Officer CEO.
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Zilingos directors talked regularly in mid-April to consider Boses future and that of the startup itself Bloomberg reported April 19.
. Zilingos board and its major investors Sequoia Capital and. Singapore-based B2B fashion startup Zilingo has fired its former CEO Ankiti Bose over complaints of serious financial. Business Today Desk.
On April 12 Bose had been suspended from the company. Zilingo said the investigation concluded the company took appropriate action and followed due process to address these complaints. 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 companys accounting. Zilingo is a technology and commerce platform in the fashion industry. Updated onMay 20 2022 1208 AM PDT.
The company decided to terminate Ms Ankiti Boses employment with cause and reserves the right to pursue appropriate legal action it said in the statement. Zilingo CEO fired on grounds of insubordination following initial suspension. Singapore-based fashion startup Zilingo fired its Indian-origin chief executive officer CEO and co-founder Ankiti Bose on Friday 20 May due to.
B2B ecommerce giant Zilingo on Friday confirmed that it has fired Ankiti. SINGAPORE-Singapore-based Zilingo said on Friday it had fired Chief Executive Ankiti Bose after an independent investigation into complaints about what the fashion technology startup described as. Browse the vast digital catalog with a huge selection at the cheapest prices place and receive bulk orders from our large network of.
Singapore-based fashion startup Zilingo has fired its Chief Executive Officer Ankiti Bose after an independent investigation into complaints of serious financial irregularities the company said. Zilingo had been one of the highest-profile start-ups to emerge from Singapore. It said recent online reports had caused irreparable damage to.
Temasek has expressed concern the meltdown is tainting its reputation and. Zilingo ousted Bose with cause after an investigation led by an independent forensics firm into complaints of serious financial irregularities it said. Zilingo co-founder and former CEO Ankiti Bose on Friday alleged that she has been fired from the company for insubordination adding that she will speak shortly about the conflict of interest in which the entire process was run.
The Singapore-headquartered startup was founded in 2015 by Ankiti Bose and Dhruv Kapoor and has operations spanning Indonesia Hong Kong Thailand Philippines Australia India and the United States. Over time it became a global supply chain for the apparel industry financing and other services. Zilingo ousted Bose after an investigation led by an independent forensics firm into complaints of serious financial irregularities it said in an emailed statement on Friday.
This comes after Boses suspension on March 31 following accusations of accounting. Zilingo was started as a Southeast Asia-focused e-commerce firm. May 20 2022 Updated May 20 2022 100 PM IST.
Zilingo Pte has fired co-founder Ankiti Bose deepening a dispute over accounting practices thats plunged the once high-flying startup into. Investigation firm Kroll is appointed and a probe is launched. Zilingo a Singapore-based fashion technology startup has terminated.
Singapore-based Zilingo said on Friday May 20 it had fired Chief Executive Ankiti Bose after an independent investigation into complaints about what the fashion technology startup described as. Bloomberg reports that Zilingo shareholders found alleged financial irregularities in the companys accounts while it was in the midst of raising 150-200 million from investors at a valuation of 12 billion. The company - which has about 600 employees in eight countries - raised USD 226 million in its last fundraising round in early 2019.
The company in a statement said. Zilingo co-founder and former CEO Ankiti Bose on Friday alleged that she has been fired from the company for insubordination adding. Zilingo confirms Ankiti Bose has been fired.
Ankiti Bose the CEO of Singapores B2B fashion firm Zilingo was sacked for alleged financial irregularities bringing an end to a long-running feud between the companys shareholders board and founder.
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