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Zilingo Pte co-founders made a last-ditch offer to buy the embattled fashion e-commerce platform as the board debates its future, according to people familiar with the matter. ....
Zilingo Pte’s board has authorized the repayment of loans demanded by creditors as the troubled startup fights to stave off a liquidity crisis, according to people familiar with the matter. ....
Ankiti Bose, who was fired last week as chief executive officer of the Singapore startup Zilingo Pte, says she'll keep fighting to clear her name. ....
(May 20): Zilingo Pte has fired co-founder Ankiti Bose, deepening a dispute over accounting practices that’s plunged the once high-flying startup into crisis and sent shockwaves through Singapore’s technology industry. Zilingo ousted Bose “with cause” after an investigation led by an independent forensics firm into complaints of serious financial irregularities, it said in an emailed statement on Friday. Bose said in a separate statement to Bloomberg News her employment was terminated on grounds of “insubordination.” ....