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After months of investigation, it has now been learned that Ankiti Bose, the co-founder of Singapore fashion start-up Zilingo, was the root of all the company s problems. She allegedly upped her salary 10 times without the board’s approval and provided conflicting revenue figures to shareholders ....
Ankiti Bose, co-founder of Singapore fashion start-up Zilingo who was sacked in May last year, increased her salary 10 times without board approval, and made $10 million worth of "unexplained payments" to various vendors, a new report said ....
Story of how Ankiti Bose drove Zilingo towards liquidation with suspect revenue reporting, millions in shady payments & war against Sequoia & board ....