Ankiti Bose: The Rise and Fall of Zilingo’s Co-founder
Ankiti Bose, a young entrepreneur from India, co-founded Zilingo, an e-commerce start-up that revolutionized the fashion markets in Southeast Asia. At the age of 23, she left her job as an investment analyst at Sequoia Capital to launch Zilingo, which later gained a market value of $970 million and over seven million active users. Bose recognized the gap in the market for independent merchants lacking an online presence and the need for proper financing, scaling-up, website design, and procurement training. She developed software and supply chain solutions that were essential to the growth of Zilingo, which later expanded to the…