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Ankiti Bose resigns from Zilingo board amid management buyout, liquidation talks

Shortpedia

Content Team
Image Credit: bnnbloomberg

Zilingo cofounder and former CEO Ankiti Bose has resigned from all directorship positions at Zilingo, including the holding company and all subsidiaries, even as the future of the company hangs in the balance. Bose’s resignation comes at a time when the Singapore-based fashion startup is in discussions with shareholders over a management buyout offer as well as potential liquidation of the company’s assets to pay off creditors.