A Fashion e-commerce startup Zilingo Ex-CEO Ankiti Bose has filed an FIR against Co-Founder Dhruv Kapoor and ex-COO Aadi Vidya. She Press charges of cheating, criminal intimidation, conspiracy and harassment.
According to a report by Times of India, Bose accused Kapoor and Vaidya for misleading her and Zilingo’s investors to gain financial advantage. She also said they pressured her into giving up shares and business using false reasons, as mentioned in a ‘six-page complaint’.
Ankiti Bose said, “As the chief operating officer, Aadi Vaidya engaged in misconduct by falsely attributing loss-making deals to me and extending trade credit to various parties in my name. He then used those deals to threaten me by falsely implicating me to investors, despite the fact that all operational dealings were conducted by him in my previous company. I have been threatened, deceived, and had errors attributed to me in order for Vaidya to fraudulently acquire my shares, which are valued at multiple crores,”
She also said that Kapoor and Vaidya decided to act “sneaky and shady” by keeping company-related data and information hidden.
Zilingo Ex-CEO Ankiti Bose Fired from the company
Ankiti Bose co-founded Zilingo with Dhruv Kapoor in 2015. Reports stated that Zilingo’s value rose to ₹7,000 crore in 2019. However, in 2022, on 20 May Ankiti Bose was fired by the Zilingo board after an inquiry by Kroll into suspected financial irregularities.
The company had stated, “After an inquiry conducted by an independent forensics firm regarding complaints of significant financial irregularities, the decision was made to terminate Ankiti Bose’s employment with cause, and we may pursue legal action as deemed necessary.”
Reflecting on her dismissal, Ankiti Bose remarked, “Besides the public dispute (which should have remained private as initially intended), the media spotlight on Zilingo and myself has made it difficult to prioritize what truly matters.”
