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Zilingo ex-CEO’s criminal complaint is retaliation against whistleblowers: source

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    • Zilingo, which was a soonicorn at one point, began liquidation proceedings in January 2023.
    • Zilingo, which was a soonicorn at one point, began liquidation proceedings in January 2023. PHOTO: BLOOMBERG

    Putra Muskita

    Published Thu, Apr 25, 2024 · 09:13 AM

    ANKITI Bose, the co-founder and former CEO of fashion e-commerce startup Zilingo, has filed a criminal complaint against fellow founder Dhruv Kapoor and ex-COO Aadi Vaidya, The Times of India reports.

    Bose, who was fired in mid-2022 following allegations of financial irregularities, claims that Kapoor and Vaidya misled her and Zilingo’s investors for financial gain. She also alleges that her two colleagues forced her to relinquish her shares under false pretences.

    In their statements, both Kapoor and Vaidya call Bose’s allegations “completely baseless and untrue”.

    ZilingoTech in Asia

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