Why Startups Fail Case Study
Case Study 08: Zilingo
Getting Business Right: Real Stories
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Case Study Description
Materials: PDF Files & Startup Failure Checklist
Zillingo is an e-commerce platform that lets merchants source fashion, beauty, lifestyle, and other items.
The platform was once considered a darling of Southeast Asian tech startups. It almost hit a $1 billion valuation in 2019, making its founder Ankiti Bose the first Indian woman to do so.
With its promising reputation, Zilingo was once thought to follow the steps of e-commerce giants like Amazon and Alibaba. It attracted prominent investors such as Sequoia Capital, Temasek Holdings, and more.
Unfortunately, things went downhill amidst mismanagement issues and scandals. And in January 2023, Zilingo announced its dissolution.
