Zilingo COO quits in blow for S’pore startup

Bloomberg

The chief operating officer of Zilingo Pte has resigned from the company after a tenure during which the fashion
e-commerce startup rose to prominence before plunging into a crisis.
Aadi Vaidya, who joined the company in 2015 and became the COO two years later, confirmed his resignation when contacted by Bloomberg News.
“I have resigned and decided to move on from Zilingo,” he said. “It was a place that shaped me both personally and professionally and gave me great colleagues and friends. I feel now is the time to move on, clear my head and reset priorities for the future.”
It marks the latest high-level departure at the troubled company. Chief Executive Officer Ankiti Bose was dismissed in May after an investigation by an independent firm into complaints of financial irregularities. Chief Financial Officer Ramesh Bafna, a former CFO of fashion e-commerce platform Myntra, also left in May, a mere two months after joining the startup.