Zilingo

Retail Asia16/05/2022

Creditors of Zilingo Pte have decided to recall all of their loan, prompting the company’s board to appoint an independent financial adviser for options for the troubled Singapore-based fashion tech startup. “Due to Zilingo’s failure to fulfill prior obligations under the loan agreement, the company’s lenders have made the decision to accelerate the repayment of […]

Retail Asia13/04/2022

Zilingo Pte, one of Singapore’s highest-profile startups, has suspended Chief Executive Officer Ankiti Bose after an effort to raise new funding led to questions about the company’s accounting, according to people familiar with the matter. The company, which supplies technology to apparel merchants and factories, had been trying to raise $150 million to $200 million […]

Retail Asia23/04/2020

Online fashion platform Zilingo has axed about 45 staff, including 30 in its Singapore head office, as it refocuses on Asia in the wake of the coronavirus pandemic. The layoffs represent about 5 percent of the company’s global workforce of 900. “Zilingo has had to make several tough decisions in line with this approach and […]

Retail Asia05/08/2019

Leading fashion technology platform Zilingo announces today the appointment of James Perry as its first Chief Financial Officer (CFO). The former Managing Director and Head of Technology Investment Banking for Asia Pacific at Citigroup has over 20 years of experience in corporate finance, having helped clients raise over US$150 billion, including 40 IPOs in the […]

Retail Asia17/07/2019

United Overseas Bank Limited (UOB) and Zilingo, a fashion and lifestyle e-commerce platform, today announced that they have signed a Memorandum of Understanding (MOU) to support the growth of ASEAN’s fashion industry. Under the MOU, businesses on Zilingo’s platform, which are mostly small- and medium-sized enterprises (SMEs), will be able to access UOB’s banking solutions […]

Retail Asia24/04/2019

Online marketplace Zilingo has raised US$226 million in its recent Series D funding. The fresh capital round brings the total amount raised by the company to $308 million. Having secured its latest investments, the company is now looking to China as well as other key Asian markets as part of its growth strategy to expand […]

Retail Asia14/02/2019

Singapore online fashion market Zilingo has achieved capital investment of $226 million in a Series D funding round. The investments were made by the firm’s existing backers, including Sequoia Capital, as well as newcomers Temasek Holdings and EDBI, and will support the business’s expansion into fresh markets in the Philippines, Indonesia and Australia, as well […]

Retail Asia03/07/2018

Southeast Asian fashion startup Zilingo is set to raise a further US$50 million as it strengthens its operations in Singapore, Indonesia and Thailand and beyond. Zilingo was founded in October 2015 by Dhruv Kapoor and Ankiti Bose, who were inspired by the clothing stalls in labyrinthine markets they saw while backpacking across Indonesia and Thailand. […]

Retail Asia06/04/2018

Singapore-based lifestyle marketplace Zilingo has raised US$54 million in series-C funding, taking its total capital raised to $82 million. Zilingo was founded in October 2015 by Dhruv Kapoor and Ankiti Bose, who was inspired after seeing the clothing stalls in labyrinthine markets while backpacking across Indonesia and Thailand. Their idea was to connect a fragmented […]

Retail Asia14/09/2017

Thai-headquartered fashion and lifestyle online marketplace Zilingo has raised US$17 million in a fresh investment round to fund expansion. Much of the funding came from Zilingo’s original investor, Sequoia India, with Burda Principal Investments (BPI), Venturra Capital, SIG, Wavemaker and Beenext also joining in. Zilingo is expanding across Southeast Asia and funds from this round […]

Retail Asia20/11/2015

Thai startup Zilingo gives market traders an international eCommerce gateway. Zilingo is a mobile-first online marketplace that allows merchants to list their inventory, set their prices, and fulfill online orders. Users can browse through available stores and products, then order and pay with their credit card, according to a report on TechInAsia. Zilingo’s services include […]

Retail Asia09/11/2015

When I first visited Thailand not too long ago, one of the first things that hit me were the numerous open-air markets – like the huge Chatuchak market in Bangkok. Shops and market stalls of all shapes and sizes peddled a huge variety of goods, from clothes to trinkets to household items. Thailand’s retail sector […]

Tag: Zilingo

Zilingo on the brink as loan recalled, financial advisor appointed

Zilingo CEO suspended amid financial probe

Zilingo trims staff, refocuses on Asia

Former Citigroup MD James Perry joins Zilingo as the Company’s First CFO

UOB and Zilingo tie up to drive the growth of ASEAN’s fashion industry

Zilingo received fresh investment funding

E-commerce firm Zilingo bags US$226m in funding

Zilingo hopes to get $50 million more fund

Zilingo raises $54 million in a new funding round

Zilingo raises fresh funds for Indonesian expansion

Zilingo gains seed funding for mobile-first e-store

Sequoia-backed marketplace wants to bring Thai retailers online