Synopsis
Another highly acrimonious boardroom war, which places Sequoia Capital against a founder it once backed, is reaching its final phase, as investigations that Zilingo’s board launched against CEO Ankiti Bose are concluding soon. Seven weeks since Bose was suspended, the information that has so far come out leaves more questions than answers.
An unusually high number of venture-capital and startup executives, and their associates are shuttling between India and Singapore these days. The strings to this are tied to the high-intensity conflict at Zilingo. Its suspended CEO Ankiti Bose and its lead investor Sequoia’s Shailendra Singh are on opposite sides of the divide as the conflict reaches its final phase. The investigation against Bose will soon conclude, according to the latest
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