Start-Up Hits: 1585

Zilingo: Suspends its CEO Ankiti Bose

Start-Up Hits: 1585
Zilingo: Suspends its CEO Ankiti Bose
Start-Up Hits: 1585

03 May 2022, Mumbai:

Board decision to suspend CEO Bose.

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Singapore-based fashion technology startup Zilingo on Monday said the decision to suspend its Indian origin co-founder and CEO Ankiti Bose over alleged discrepancies in the company's account was taken jointly by the board and not by any individual investor.

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In a strongly-worded statement, the company said Bose made certain harassment-related allegations only after she was suspended on March 31 and no past or present investor nominees on the board were made aware of the harassment claims prior to that.

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CREDITS: *ET Dt 03-05-2022 (The news article has not been edited by DFU Publications).

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