Ankiti Bose Net Worth
Ankiti Bose Net Worth:- Ankiti Bose is the CEO and co-founder of Zilingo, a global e-commerce startup. She was born in 1992 in Dehradun and is 29 years old. She was selected to Forbes Asia’s 30 Under 30 list in 2018, Fortune’s 40 Under 40 list in 2019, and Bloomberg 50 in 2019. Bose is of Indian descent. She studied mathematics and economics at St. Xavier’s College in Mumbai.
Ankiti Bose was reared in India and spent her childhood on the road due to her father’s profession at an oil firm. It exposed her to a variety of cultures and languages and taught her how to adapt easily to new settings. Her mother, a college lecturer, resigned from her position to focus exclusively on Ankiti’s schooling. Ankiti’s favorite subjects were economics and mathematics. She was promptly hired by one of the world’s major multinational corporations after completing her schooling.
Ankiti Bose began her career in Bangalore, where she worked at McKinsey & Company and Sequoia Capital. Bose saw that Southeast Asia’s fashion markets have enormous potential for penetration and growth following a visit to Bangkok’s famed Chatuchak Weekend Market. Over 11,000 individual vendors without an online presence are represented at the Chatuchak Weekend Market. While there was an investment in expanding internet access, Bose realized that merchants lacked training in the financing, scaling up, website design, and sourcing, and were thus ill-equipped to compete with huge global firms.
Ankiti Bose Net Worth:- $970 Million
Ankiti Bose has been instrumental in sourcing Indian fabrics for Californian manufacturing and establishing offices on the West and East Coasts. At Zilingo, Bose established a program to train women in Indonesia to design apparel, recognizing that about 40% of women in Indonesia leave the workforce after marriage. Zilingo established a coaching program to assist leaders across the organization.
Ankiti Bose is now a member of a group of Southeast Asian entrepreneurs capitalizing on the region’s fast smartphone penetration and rising wages. According to a survey by Google and Temasek, online purchasing in the region topped $23 billion in 2018. By 2025, it is estimated to approach $100 billion.
Ankiti Bose quit her job as an investment analyst at Sequoia Capital in 2015 to create Zilingo. Bose launched Zilingo, an e-commerce platform focused on B2B services, while she was just twenty-three years old. In 2016, she relocated to Singapore and began developing Zilingo software and supply chain solutions. Zilingo raised $226 million in Series D funding in 2019, valuing the company at $970 million. Zilingo collaborates with small and medium-sized businesses in Southeast Asia.
Ankiti’s life changed forever during one of her trips to Bangkok when she realized the vast reach of internet shopping. Due to the small scale vendors’ lack of technological competence, the company originally faced difficulties. The corporation placed a premium on familiarising sellers with cutting-edge technology through the introduction of software.