Women of 1 Billion Dollar Company Co-Founder Ankiti Bose Story

She is a co-founder of ZILINGO, an Asian e-commerce site and now it’s running successfully with 7 million users. She is the first Indian woman to co-found this $1 Billion start-up. Her name is Miss. Ankiti Bose.

How and when the journey has begun

When she was 23, she visited the Bangkok / Chatuchak market. Where she recognized some people who don’t have an opportunity are becoming small-scale sellers. That incident motivated her to start this and the idea has been raised in her mind, but there is lots of competition among these online sites. Then she has followed

• Amazon

• Alibaba

• Flipkart

To implement her website, however, she stuck because of a lack of opportunities.

Then, she decided to create it like an online marketplace which means selling directly with the help of her friend Mr. Dhruv Kapoor and some other friends. They have started and implemented their ideas.

Both of them are already employees but they quit their roles and started working on this.

Nowadays everyone is willing to access the internet and she focused on people. Everything and their taste to put all in one place and also make this use as easy as social networks. She started building out with every capability.

Finally, by next year they on board with hundreds of merchants and offices in

Singapore

Bangalore

This will work as e-commerce. It allows merchants to log and list their products and then sellers can verify and price, if approved then it allows access to tech support financing and insurance.

For each sale, they charge 10% to 30% commission on merchants.

Growth of Zilingo

As of date, the business is working with 27000 merchants in 15 regions including more than 500 employees. They have branches in various countries of eight locations as well as

United States of America

Australia

Hongkong

and invested millions of dollars in their branches.

The rapid investment from investors reached $ 970 million in February 2019

Receive $308 million in funding from investors and also from EDBI(Economic Development Board Investments) and Sovereign fund Temasek.

Zilingo’s latest survey concerning funding is that it crossed nearly $1 Billion.

This achievement of Ankiti Bose turned into an inspiration for all the Indian women entrepreneurs to transform themselves into successful leaders, particularly all around Asia.

It also created opportunities for young designers who have an interest in entering Asia’s new markets.

The most interesting fact is that this startup has been grown and in the top position within a short period of 4 years.

Ankiti Bose of first Indian woman with $ 1 Billion achievements:

She is proud of ranking India as 52^nd out of 57 countries to nurture women entrepreneurs the same as in Iran, Saudi Arabia, and Bangladesh.

Her statements about choosing fashion as their priority:

“We don’t put as much emphasis and importance on some of the more glamorous labels in our industry,” said Bose. “But I still suppose it’s a huge achievement for us. The team and it simply helps us think more about how big and audacious this whole thing can be.”

This is the first Indian woman of the $ 1 Billion company Ankiti Bose story. If you like the post share it with your netizens