Indian-Origin CEO Ankiti Bose Sacked By Singapore Fashion Startup

NDTV News

Ankiti Bose fired by Zilingo following complaints of serious financial irregularities

New Delhi:

Ankiti Bose, Indian-born co-founder of Singaporean fashion start-up Zilingo, was sacked on Friday following complaints of serious financial irregularities. Reacting to the dismissal, Ms Bose said she would take action against the witch hunt.

The 30-year-old alleged that she was fired as CEO of Zilingo due to her insubordination. “I have been suspended for the past 51 days based on an anonymous whistleblower complaint, and today I am notified that my job was terminated for, among other things, ‘insubordination,'” said Ankiti Bose in an Instagram post.

She claims that the company did not show her the reports and did not even give her time to produce the requested documents.

Ankiti Bose also said she and her family receive constant threats online.

“I also received a constant barrage of online threats against my life and my family,” she wrote.

Zilingo – an online fashion company that provides technology to clothing merchants and factories – was founded in 2015 by Ankiti Bose and chief technology officer Dhruv Kapoor.

On March 31, Ms Bose was suspended following complaints about alleged discrepancies in the company’s accounts.

“Following an investigation by an independent forensic firm set up to review complaints of serious financial irregularities, the company has decided to terminate the employment of Ankiti Bose for cause and reserves the right to take appropriate legal action,” Zilingo said in a statement. .

The company, however, did not elaborate on the allegations against Ms Bose or the findings of the audit.

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