• Login
  • Register
BizData Insights
  • About
  • Market Insight
    • Financial
      • Bank
      • NBFI
      • Insurance
      • Fintech
    • Consumer & Retail
      • FMCG
      • Commodity
      • Retail
      • Electronics
      • Mobile
      • Healthcare
    • ICT & Telecom
      • Telecom
      • Technology
      • Start-Up
      • Media
    • Energy & Power
      • Power
      • Alternative Energy
      • LPG & LNG
    • Housing & Building Materials
      • Cement
      • Steel
      • Paint
      • Ceramics
      • Cables & Lighting
    • Lifestyle & Fashion
      • Furniture
      • Footwear
      • Lifestyle
      • Homecare
    • Agriculture & Livestock
      • Agro
      • Fisheries
      • Poultry & Livestock
    • Healthcare & Pharma
      • Pharmaceuticals
      • Health Service
      • Health Tech
    • Automotive & Logistics
      • Automotive
      • Aviation
      • Logistics & shipping
    • Chemical & Engineering
      • Paint & Chemical
      • Engineering
      • Heavy Industry
    • RMG & Textile
    • NGO & Development
      • NGO
        • SDG
          • Skill
          • Migration
          • Climate
          • Gender
          • Urban
    • Leisure
      • Hotel
      • Tourism
    • Development
  • Economic Insight
    • Forex & Remittance
    • Inflation
    • VAT & Tax
    • Stock Market
    • SME
    • Govt.
    • Global Report
    • GDP
    • Investment
    • Trade
  • Data Terminal
    • Business Dashboard
    • Economic Dashboard
    • Industry Dashboard
    • Startup Dashboard
  • Technology
  • Business Advisory
No Result
View All Result
BizData Insights
No Result
View All Result

Zilingo eyes Bangladesh’s e-marketplace

by BIZDATA INSIGHTS
April 11, 2019
in ICT, Lifestyle, Lifestyle & Fashion, Start-Up
0
Zilingo eyes Bangladesh’s e-marketplace

Published at: The Daily Star, April 07, 2019

Zilingo, a Singapore-based fashion and lifestyle e-marketplace startup, is set to enter the Bangladesh market as part of its plan to become a key player in the fashion supply chain in Asia and other parts of the world.

YOU MAY ALSO LIKE

Akij Board uncovers latest goods and developments.

Startups Founders Hub by Microsoft launched in Bangladesh

The company has applied to the government and is now waiting for the nod, said Ankiti Bose, co-founder and chief executive officer of the business-to-business (B2B) commerce platform, in a statement yesterday.

“What we see is a huge market with immense potential to enter the global front further. The prevailing ready-made garments sector in Bangladesh already has a notable footprint globally and we believe that we can complement further growth,” she said. Zilingo started as a fashion and lifestyle marketplace in 2015 by Bose and Dhruv Kapoor. While dealing with thousands of small sellers on their platforms, the founders saw their plight first hand, according to the statement.

These businesses were not being able to improve their margins or grow any further due to a lack of access to technology and capital, while the big international brands kept growing aggressively. A small merchant neither has the volume to source as cheaply as large conglomerates nor do they have enough influence to get the best rates from service providers or warehouses.

“We are interested to even work with the smallest manufacturers. Any manufacturer which can produce 2,000 units per item can be our potential partner. This, we believe, can be a win-win situation for everybody,” Bose said. Currently, there are 27,000 merchants listed on the platform, which has offices in eight cities and employs more than 400 people.

Recently, the platform has raised $226 million bringing the total funds raised to $308 million. The investors include Sequoia Capital, Temasek, Burda Principal Investments, Sofina and Singapore investment fund EDBI.

Apart from Bangladesh, Zilingo is set to open offices in Cambodia, Sri Lanka and Vietnam. It plans to make foray into the Philippines, Indonesia and Australia by this year. Zilingo says the entry into the Bangladesh market as well as other key Asian markets is part of its growth strategy to expand its footprint.

BIZDATA INSIGHTS
Author: BIZDATA INSIGHTS

Tags: E-CommerceStart upZilingo
Share61Share11Pin14SendShareSend

Recent News

Power outages: Khulna fish processors feel the strain

Power outages: Khulna fish processors feel the strain

August 8, 2022
Greece to hire 4,000 agricultural workers

Aman plantation suffers from lack of rain

August 7, 2022
Anondomela enhances SME sector of Bangladesh amid lockdown

UNDP, Grameenphone, and BIDA to develop economic opportunities for all

August 7, 2022
Bangladesh approves digital connectivity project worth Tk 58.83 billion

China to keep helping Bangladesh’s development: Wang Yi

August 7, 2022
Fishing for fun is generating a huge business.

Fuel price increase: another setback for suffering Bhola fishermen

August 7, 2022
Surge in fuel price to affect everything

Fuel price increase prompts tank-lorry owners to strike in Khulna

August 7, 2022
Countrywide load-shedding increases due to gas shortage in power plants

Govt choses to close factories in zones

August 7, 2022
Bangladesh and UAE are now served by Indian startup Healthians

Bangladesh and UAE are now served by Indian startup Healthians

August 7, 2022
Loading

BIZDATAINSIGHTS

BIZDATAINIGHTS is Market Insights, Data Intelligence and Business Advisory Platform

BIZDATAINIGHTS is Market Insights, Data Intelligence
and Business Advisory Platform

Menu

  • About
  • Market Insight
  • Economic Insight
  • Data Terminal
  • Business Advisory
  • Technology

Contact Us

[email protected]
House:26, Block:L, Road:2, Banani Dhaka
Facebook-f Linkedin Youtube Twitter Github

© 2021 Bizdata Insights. Built on AWS

No Result
View All Result
  • About
  • Market Insight
    • Financial
      • Bank
      • NBFI
      • Insurance
      • Fintech
    • Consumer & Retail
      • FMCG
      • Commodity
      • Retail
      • Electronics
      • Mobile
      • Healthcare
    • ICT & Telecom
      • Telecom
      • Technology
      • Start-Up
      • Media
    • Energy & Power
      • Power
      • Alternative Energy
      • LPG & LNG
    • Housing & Building Materials
      • Cement
      • Steel
      • Paint
      • Ceramics
      • Cables & Lighting
    • Lifestyle & Fashion
      • Furniture
      • Footwear
      • Lifestyle
      • Homecare
    • Agriculture & Livestock
      • Agro
      • Fisheries
      • Poultry & Livestock
    • Healthcare & Pharma
      • Pharmaceuticals
      • Health Service
      • Health Tech
    • Automotive & Logistics
      • Automotive
      • Aviation
      • Logistics & shipping
    • Chemical & Engineering
      • Paint & Chemical
      • Engineering
      • Heavy Industry
    • RMG & Textile
    • NGO & Development
      • NGO
    • Leisure
      • Hotel
      • Tourism
    • Development
  • Economic Insight
    • Forex & Remittance
    • Inflation
    • VAT & Tax
    • Stock Market
    • SME
    • Govt.
    • Global Report
    • GDP
    • Investment
    • Trade
  • Data Terminal
    • Business Dashboard
    • Economic Dashboard
    • Industry Dashboard
    • Startup Dashboard
  • Technology
  • Business Advisory

© 2021 Bizdata Insights. Built on AWS

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?