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Catwalk to IPO

B2B in vogue as Zilingo looks to enter the unicorn club in style

From a consumer-facing e-commerce platform, Zilingo is realising its true potential by moving away from its roots towards seller services

27/08/19

Jon Russell

Zilingo has an impact-based goal of bringing Southeast Asia’s small fashion traders online, but little is known of its core business

It is led by 27-year-old Ankiti Bose, who is likely to become the first Indian woman CEO of a unicorn business

Zilingo is betting that organising Asia’s complicated supply chain—to give small merchants the efficiencies major brands enjoy—can turn it into a global giant

With its almost-unicorn status and an attempt to establish itself in the US, Zilingo now needs to prove its mettle

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Tech IPOs aren’t common in Asia—China aside—but a young e-commerce startup in Southeast Asia is aiming to buck that trend. Zilingo was only founded in 2015, but its brief life has already seen it raise more than $300 million, pivot from the cut-throat world of consumer e-commerce and get close to a $1 billion valuation….

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