Ankiti Bose steps down from Zilingo board

B2B startup Zilingo’s co-founder and former CEO Ankiti Bose on Thursday stepped down from the board and all the directorships at the startup and its subsidiaries. In a statement, Bose, who has been in a legal tussle with the Zilingo board since March, said that she arrived at the decision “due to the opacity of information” maintained by the board.

“It is heartbreakingly clear to me that hundreds of employees and customers are also in a state of limbo and do not have any clarity on their future — just like me. Real lives and jobs have been at stake. Given the current circumstances, and due to the opacity of information to me as a board member and a shareholder, I resign forthwith from all directorships I hold with Zilingo’s holding company and any of it’s [sic] subsidiaries,” Bose added.