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* 2019 [[Tatler]] ''Generation T'' honouree list<ref name=":0" />
* 2019 [[Tatler]] ''Generation T'' honouree list<ref name=":0" />
* 2019 [[Fortune (magazine)|Forbes magazine]]'s Top 40 Under 40<ref name=":1" />
* 2019 [[Fortune (magazine)|Forbes magazine]]'s Top 40 Under 40<ref name=":1" />
*2019 Business Worldwide Magazine Most Innovative CEO of the Year – Singapore<ref>{{Cite web|url=https://www.bwmonline.com/awards/ceo-awards-2019-winners/|title=CEO Awards 2019 Winners {{!}} Business & Corporate News|date=2019-08-28|language=en-GB|access-date=2020-03-12}}</ref>


== References ==
== References ==

Revision as of 16:05, 12 March 2020

Ankiti Bose
Alma materSt. Xavier's College, Mumbai
Employer(s)Zilingo
McKinsey & Company
Sequoia Capital
Known forFashion technhology

Ankiti Bose (born 1992) is an Indian entrepreneur who works on the digitisation of the textile and apparel industry. She is the co-founder and CEO of Zilingo. She was included in the 2019 Tatler Generation T honouree list as well as being named one of Forbes magazine's Top 40 Under 40.[1][2]

Early life and education

Bose is from India.[3] She studied mathematics and economics at St. Xavier's College, Mumbai.[4]

Career

Bose started her career working at McKinsey & Company and Sequoia Capital in Bangalore.[5] Here she monitored the emergence of Alibaba Group, Flipkart and Amazon on the Indian Economy.[5] Whilst at Chatuchak Weekend Market[6] Bose noticed that fashion markets in Southeast Asia had considerable room for growth.[4] The Chatuchak Weekend Market has over 11,000 independent merchants, but nothing was available to buy online.[4] Whilst there was investment in improving access to the internet, Bose recognised that retailers were not trained in financing, scaling-up, website design and procurement.[5]

In 2015 Bose left her position as an investment analyst at Sequoia Capital to launch her own company, Zilingo.[7] Bose was only twenty three when she founded Zilingo, an e-commerce platform that offers B2B functionality.[8] She moved to Singapore in 2016, where she developed the Zilingo software and supply chain capabilities.[9] In 2019 Zilingo raised $226 million in Series D fundraising, resulting in a $970 million market value.[1][10] Zilingo works with small and medium size retailers in Southeast Asia.[1] As of 2019 Zilingo had over seven million active users.[5]

The China–United States trade war resulted in United States retailers leaving China, which allowed Zilingo to expand into America.[10] She has worked to source Indian fabrics for Californian factories as well as opening offices on the West Coast and East Coast.[10] At Zilingo Bose started a program to train women in Indonesia to create clothing, recognising that in Indonesia almost 40% of women leave the workforce after they get married.[10][11] Zilingo set up a coaching programme to support leaders across the company.[10]

Bose is involved with programmes to support and mentor women entrepreneurs.[9] She has spoken at the World Economic Forum.[12]

Awards and honours

Her awards and honours include:

  • 2019 Tatler Generation T honouree list[1]
  • 2019 Forbes magazine's Top 40 Under 40[2]
  • 2019 Business Worldwide Magazine Most Innovative CEO of the Year – Singapore[13]

References

  1. ^ a b c d "For growing into the next e-commerce unicorn". Generation T. Retrieved 2020-02-20.{{cite web}}: CS1 maint: url-status (link)
  2. ^ a b "Ankiti Bose". Fortune. Retrieved 2020-02-20.
  3. ^ "Meet the 27-year-old Ankiti Bose running a nearly $1 billion fashion startup". The Economic Times. 2019-02-13. Retrieved 2020-02-20.
  4. ^ a b c Gilchrist, Karen (2019-05-23). "Meet the 27-year-old set to be India's first woman to co-found a $1 billion start-up". CNBC. Retrieved 2020-02-20.
  5. ^ a b c d Gilchrist, Karen (2019-05-24). "Why this 27-year-old is happy she worked a corporate job before starting her $1 billion business". CNBC. Retrieved 2020-02-20.
  6. ^ "How a trip to a Thai market inspired the launch of an almost $1bn start-up". The National. Retrieved 2020-02-20.
  7. ^ Karen Gilchrist (2019-05-24). "Why this 27-year-old is happy she worked a corporate job before starting her $1 billion business". CNBC. Retrieved 2020-02-20.
  8. ^ Xinyi, Hong (2019-09-06). "At 27, Ankiti Bose Is Set To Become The First Indian Woman To Found A Billion-Dollar Startup. This Is How She Did It". Hong Kong Tatler. Retrieved 2020-02-20.
  9. ^ a b "Ankiti Bose is on a mission to level the playing field for women". Prestige Online. 2019-05-29. Retrieved 2020-02-20.
  10. ^ a b c d e Lee, Yoolim. "Ankiti Bose, Southeast Asia's Tech Sensation". www.bloomberg.com. Retrieved 2020-02-20.{{cite web}}: CS1 maint: url-status (link)
  11. ^ "In Good Company". Verve Magazine. 2020-01-21. Retrieved 2020-02-20.
  12. ^ "India Economic Summit". World Economic Forum. Retrieved 2020-02-20.
  13. ^ "CEO Awards 2019 Winners | Business & Corporate News". 2019-08-28. Retrieved 2020-03-12.