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Ankiti Bose, CEO of Singapore's Zilingo, suspended amid probe into finances

Bose has disputed allegations of wrongdoing and contends her suspension was due in part to her complaints about harassment, according to two people close to the situation

Ankiti Bose
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Ankiti Bose | Photo: Bloomberg

Olivia Poh, Faris Mokhtar, Saritha Rai and David Ramli | Bloomberg
Zilingo Pte, one of Singapore’s highest-profile startups, has suspended Chief Executive Officer Ankiti Bose after an effort to raise new funding led to questions about the company’s accounting, according to people familiar with the matter.

The company, which supplies technology to apparel merchants and factories, had been trying to raise $150 million to $200 million with help from Goldman Sachs Group Inc. when investors began to question its finances as part of the due diligence process, said the people, asking not to be identified because the information is confidential. The talks, which could have boosted Zilingo’s valuation to more than

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