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Zilingo Co-founder took 10x pay without board's approval: Report
short by Ashley Paul / on Monday, 24 April, 2023
Zilingo Co-founder and former CEO Ankiti Bose allegedly gave herself a 10x salary hike without the approval of the company's board, Inc42 reported. She reportedly gave a 3x salary hike to Co-founder Dhruv Kapoor and a 7x hike to ex-COO Aadi Vaidya too. Bose allegedly also made $10 million worth of "unexplained payments" to various vendors, the report further said.
read more at Moneycontrol