Ankiti Bose is an Indian businesswoman. She is the co-founder and CEO of Zilingo. Ankiti Bose’s birthplace is Mumbai. Ankiti Bose’s zodiac sign is unknown. Ankiti Bose’s height is 5 feet 5 inches. Ankiti Bose’s religion is Hinduism.
Ankiti Bose is the co-founder of e-commerce startup Zilingo. She was named to Forbes Asia's 30 Under 30 list in 2018, Fortune's 40 Under 40 list in 2019, and the Bloomberg 50 list in 2019.
She lost her CEO position on March 31, 2022, after attempts to raise funds raised concerns about Zilingo's accounting procedures, according to Bloomberg. Ankiti Bose was fired by Zilingo on May 20, 2022.
Ankiti Bose's date of birth is 1992. Ankiti Bose's year of birth is 1992. As of 2022, Ankiti Bose's age is 30 years old.
She attended Cambridge School in Kandivli, Mumbai. She later joined St. Xavier's College, Mumbai to study Economics and Mathematics.
Ankiti Bose's father's name is unknown. Ankiti Bose's mother's name is unknown. Ankiti Bose's brother is not present. Ankiti Bose's sister is not present. Ankiti Bose's husband is not present.
As of 2022, Ghazal Alag’s husband is no longer with us.
As of 2022, Ankiti Bose’s boyfriend is not yet available.
Ankiti Bose began her career in Bangalore, working at Sequoia Capital and McKinsey & Company. After visiting the Chatuchak weekend market, Bose realized that the Southeast Asian fashion market had a lot of room for expansion and penetration. There were over 11,000 independent retailers in the market, but no online presence. Despite investments to increase internet accessibility, Bose realized that small and medium-sized businesses (SMBs) lacked the capital, website design and sourcing skills needed to compete with large multinationals.
In 2015, Ankiti Bose quit her job as an investment analyst at Sequoia Capital to start her own business, Zilingo. Bose founded Zilingo at the age of 23. In 2016, she moved to Singapore, where she created the supply chain and software. Zilingo raised $226 million in a Series D round in 2019, with a market value of $970 million. As of 2019, more than 7 million people around the world are using the platform.
Zilingo was able to expand into the U.S. market as U.S. stores left China due to the U.S.-China trade dispute. She has been sourcing Indian fabrics for factories in California and has set up offices on both the West and East Coasts. Bose set up a program at Zilingo to teach Indonesian women how to design clothing because she found that more than 40% of women in the country leave the workforce after marriage. Zilingo has set up a mentoring program to assist leaders across the company.
In March 2022, Ankiti Bose was suspended from Zilingo while an investigation was launched into allegations of financial fraud and mismanagement. Shareholders questioned her monthly salary of S$50,000, compared to S$8,500 under her contract five years ago. Her use of intimidation to gain compliance from employees during her day-to-day work at Zilingo and her management style were also questioned.
Ankiti Bose is involved in initiatives to help and mentor women entrepreneurs. She has spoken at the World Economic Forum in India.
Bloomberg News first reported that an investigation by Kroll Inc. uncovered bizarre transfers totaling millions of dollars approved by Bose. One of those transfers was more than $7 million spent on a controversial law firm. Other employees and investors claimed to be unaware of how the money was spent at the company.
In an interview with Bloomberg News after her firing, former CEO Ankiti Bose said all payments at Zilingo were made without the necessary documentation or without the knowledge of the operational finance or technology departments.
Many people are curious about Ankiti Bose’s net worth but they are not aware of any changes in her monthly income. I will provide here all the latest information about her income and wealth in 2022. Her net worth is around $1 billion or Rs 80,000 crore but her salary is not disclosed yet.
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