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Suspended CEO Ankiti Bose proposes repaying Zilingo's $40 mn-debt
short by Ananya Goyal / on Tuesday, 17 May, 2022
Ankiti Bose, the suspended Indian-origin CEO of Singapore-based fashion startup Zilingo, has proposed to repay the company's entire outstanding debt worth $40 million. As per reports, this would let her gain more equity in the firm. "After Bose's suspension in April, the company missed the repayment which was due in the same month," a source told the Financial Express.
read more at Financial Express