Fashion startup Zilingo raises $226 million from Singapore's Temasek, others
14 Février, 2019, 10:54 | Auteur: Auguste Feret
Fashion and beauty e-commerce marketplace Zilingo has raised massive $226 million in its latest Series D round of funding from Singapore'sTemasek Holdings, EDBI - the corporate investment arm of Singapore's Economic Development Board.
"Sequoia's investment in Zilingo dates back to when the company wasn't even yet incorporated and the name wasn'tfinalised". "Ankiti was a terrific member of the analyst class at Sequoia India before starting Zilingo-she was razor sharp, hard working and always switched on.it's been fantastic to witness her transformation into a bold and dynamic founder and business leader", said Shailendra Singh, MD of Sequoia Capital India, which seed-funded the company back in 2015.
Zilingo, a Singapore-based fashion and lifestyle ecommerce startup, raised $226m in Series D funding. The company soon developed its own proprietary suite of tools that enable fashion merchants to access manufacturers across Asia and unlocks the best procurement rates, optimised logistics services, financial services, insurances, loans and analytics for them.
Zilingo is powered through Bangalore where its co-founder, Dhruv Kapoor, leads a team of 100 people. In the fashion industry, core supply-chain inefficiencies hinder small and medium merchants from unlocking their full potential as compared to the big brands.
Started as a fashion marketplace, Zilingo allows smaller merchants from Southeast Asia without an online presence to list their items for sale direct to consumers. However, the B2B model is lot different from what other platforms have to offer.
Woman charged with tossing chairs from Canada high-rise
Zoia was released on a consent bail of $2,000 and was ordered to live with her mother Maria, a cleaner, at her Harding Ave. home. Police on Tuesday had said they knew her identity and were urging her to contact a lawyer and police.
Sports apparel store closes after pulling Nike gear
The controversial ad from the campaign included a photo of Kaepernick's face, with the words "Believe in something". The owner of the store has also admitted that there may be more Kaepernick supporters out there than he thought.
The company plans to invest the capital for long-term value building across the supply chain and expansion into new markets. That makes 27-year-old Bose among the youngest female chief executives to head a startup as a maturing trade in Asia.
Listings are provided for free with the company charging a commission of between 10 per cent and 20 per cent on orders, helping drive a fourfold increase in revenue in the past 12 months.
As the founders dealt with thousands of small sellers, they also realised that many of them were left behind with access to technology, capital and economies of scale.
Ziling whose main market for the consumer business in Indonesia is now looking to expand in Australia by the end of 2019.
But the high price of the hunting permit hides Pakistan's way of preserving the rare species and promoting tourism in the country. By 2015, the population had increased to the point that the USA classified the markhor as "threatened" instead of "endangered".
After reports of backcourt help being on the way in the form of Jeremy Lin , the Toronto Raptors have been hit with some bad news. Fred VanVleet underwent surgery to fix a partial ligament injury to his left thumb.
The Flyers could've pulled within four points of Pittsburgh with a victory, but now stand eight points behind the Penguins . It was the sixth of the season for Bjustad and his first with the Penguins since being acquired from Florida on February 1.
Levi Strauss sells in products in over 50,000 retail locations, including about 3,000 standalone stores and shops-in-shops. Other apparel makers, including American Eagle Outfitters Inc. and Abercrombie & Fitch Co., fell on the news.
The line is from Truman Capote's Breakfast at Tiffany's , one of Grande's favorite films, who inked herself with it back in 2014. Ariana Grande has proven to be a good sport as she has supported a campaign against her own single, 7 Rings .
The Wizards were without Dwight Howard (back surgery), John Wall (left Achilles tendon tear) and Troy Brown Jr. Toronto came into the game having won five in a row with a record 42 victories before the all-star break.
No. 11 Spartans edge No. 20 Badgers 67-59
But Wisconsin (17-7, 9-4) staggered at home, going more than five minutes without a point as the Spartans put the game away. He was scoreless in the second half until a three-point play with 15.7 seconds left that sealed the victory.
Stan Wawrinka intraitable face à Benoît Paire — ATP Rotterdam
Tout n'a pourtant pas été facile pour un Wawrinka hésitant, qui s'est fait breaker le premier dans le septième jeu du premier set. Rapidement distancé dans le tie-break, il sauva en vain deux balles de set, avant de commettre une ultime faute en revers.
PM says Iraq to repatriate Iraqi IS fighters held in Syria
However, the official said this is making the fighting more hard as the terrorists are working to hold onto their last stronghold. The SDF is holding hundreds of foreign fighters it says are a burden on the force, but their own countries don't want them back.