Online Fashion Marketplace Zilingo Raises $8 Million in Series A Funding

Zilingo, the Indian-run, Thailand-headquartered fashion e-commerce company, has raised $8 million from Venturra Capital, Sequoia India and Susquehanna International Group.

The company, which was started in 2015 after a $1.8 million seed investment led by Sequoia Capital, said it will use the funds to capture new markets such as Indonesia and increase presence in Singapore and Thailand by onboarding more sellers. Zilingo claims to be one of the leading e-commerce portals in Thailand.

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Written by Shaik Zakeer Hussain

Shaik Zakeer Hussain is a former Sr. Correspondent at NextBigWhat. You can get in touch with him here: linkedin.com/in/shaikzakeerhussain or follow him here: twitter.com/zaknetic.