Zilingo to expand into the US with $100 million investment — reaching new markets

Zilingo to increase its workforce in sales and products.


Syamil Faisal21 Oct, 2019

Zilingo to expand into the US with $100 million investment — reaching new markets

The women-championing e-commerce platform is based in Singapore and has offices in New York and Los Angeles. 

It is set to expand its South-East Asian customer base into the US with $100 million investment.

In April, Zilingo has raised $226 million from its Series D round led by:

  • Sequoia Capital
  • Burda Principal Investments
  • Sofina
  • Temasek Holdings 
  • EDBI

Founded in 2015 by Ankiti Bose and Dhruv Kapoor, Zilingo provides an upstream solution in fashion supply industry such as sourcing, software, data, and financing.

Zilingo brings in more women into the workforce with its initiative; SheWorkz that provides vocational training, financing, and business development opportunities, starting with women in Indonesia.

Ankiti Bose, co-founder, and CEO of Zilingo said:

“Zilingo brings technology to a supply chain that hasn’t changed since the industrial revolution to level the playing field in fashion so that businesses – no matter how big or small – can have access to a fair, transparent, affordable, fast supply chain.”

Syamil FaisalAuthor

Founder at Conscious Creatives. Storyteller.

Share this Story


More Stories


BEAMSTART News covers the latest stories on Business, Finance, and Opportunities in Asia. We are an extension of global partnerships platform BEAMSTART.

Stay updated with us via our channels below:

 

Download the App

Be part of the global community of CEOs, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

© 2016 - 2020 BEAMSTART. All Rights Reserved.