Woman Who Built an Empire Worth ₹7,000 Crore, Got Fired From Her Own Company; Now She’s…

Ankiti Bose is a household name in the Indian startup sector. The young Indian entrepreneur made headlines after she scaled new heights with her online business. Recently in the news of her legal actions against her former business partners, Ankiti Bose’s recent updates do not reflect her success. For those who do not know, Ankiti Bose is the co-founder of the international tech and commerce startup Zillingo, which was valued at around ₹7,000 crore in 2019 and played a huge role in this feat. Despite taking the company to new milestones, Bose became one of the few entrepreneurs in India to be fired from her own company.

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The idea behind Zillingo

Born in Dehradun, Ankiti Bose did her schooling from Cambridge School in Mumbai and then attended the prestigious St. Xavier’s College, where she completed her graduation. After completing her graduation, she started her career at McKinsey & Company and later at Sequoia Capital in Bangalore. While exploring Chatuchak Weekend Market, she noticed that many local stores lacked an online presence. This inspired her to leave her position as an investment analyst at Sequoia Capital to launch Zilingo. She partnered with Dhruv Kapoor to start the business. She was named to Forbes Asia 30 Under 30 in 2018 and Fortune’s 40 Under 40 along with Bloomberg 50 in 2019.

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Released from Zillingo in 2022.

Ankiti Bose was fired from Zillingo, the company she founded, in 2022. She was suspended as CEO of the company after allegations of mismanagement and misrepresentation of financial standing. Reports suggest that she increased her salary 10 times without the board’s approval. She is also accused of making “unexplained payments” of $10 million to various vendors. She is currently involved in ₹Suit filed against investor Mahesh Murthy for Rs 738 crore.

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