Singapore fashion startup raises $226 M, to expand in PH, Indonesia 0 SHARES Share it! Share TweetZilingo Pte, a Singapore-based online fashion marketplace, raised $226 million to fund an expansion into the Philippines, Indonesia and Australia. Investors in the series D financing included Sequoia Capital, Temasek Holdings Pte, Burda Principal Investments, Sofina and EDBI, the company said on Tuesday without disclosing a valuation. Zilingo, founded by Ankiti Bose and Dhruv Kapoor, started as a fashion and lifestyle marketplace in 2015 to help small merchants build scale. Bose and Kapoor, who serves as chief technology officer, realized that many small merchants suffered from a lack of access to technology, capital and economies of scale.

Source: Manila Bulletin February 16, 2019 14:03 UTC