News > Zilingo's co-founders make surprise buyout offer for startup

Zilingo's co-founders make surprise buyout offer for startup

Business Standard | 19/06/2022 11:10 PM | Click to read full article

Zilingo founders Ankiti Bose and Dhruv Kapoor have joined hands to make a management buyout offer of the company as the Singapore-based business-to-business (B2B) e-commerce startup is staring at voluntary liquidation, according to sources aware of the matter.

According to the letter, the new investor will be infusing $8 million in equity in tranches.