- Zilingo Pte’s path to becoming a fashion platform with a valuation approaching $1 billion began in December 2014 when Ankiti Bose, then an analyst at Sequoia India, chatted with a neighbor at a house party in the Indian tech capital Bengaluru.
- Four months later they had quit their jobs, and each had put in their $30,000 in savings to found Zilingo, an online platform that allows small merchants in Southeast Asia to build scale.
- On Tuesday, the Singapore-based company said it raised $226 million from investors including Sequoia Capital and Temasek Holdings Pte.
- The latest financing valued Zilingo at $970 million, according to people familiar with the matter, who asked not to be named because the information is private.
- Raised in India, Bose’s father’s job as an engineer at a state-owned oil company caused the family to constantly move when she was a child, exposing her to different cultures and languages within the country.
Zilingo: How a 27-year-old CEO built a near $1 billion fashion startup
12 Feb 2019 5:24 AM GMT