James Perry
James Perry, CFO of leading cross-border fashion marketplace Zilingo, has left the firm after serving for nearly one and half years, says a Bloomberg report, quoting unnamed sources.
Perry is going back to Citigroup as its Singapore-based MD and Co-Head (Technology Investment Banking) for Asia Pacific.
Also Read: Zilingo CEO Ankiti Bose on failures, challenges, handling depression and more
The report comes at a time when Zilingo is undergoing challenges due to the COVID-19 crisis, which in April led to a reduction in its workforce.
Perry joined Zilingo in July 2019. Prior to this, he was MD and Head of Asia Pacific Technology Investment Banking. As per his LinkedIn profile, he served Citi for over 22 years where he helped technology clients raise over US$150 billion, including 40 IPOs in the US and Hong Kong, and advised technology companies on over US$80 billion in M&A transactions across six continents.
Established in October 2015 by Ankiti Bose (CEO) and Dhruv Kapoor (CTO), Zilingo is an online marketplace that connects online sellers/retailers in Southeast Asia with fashion lovers across Asia.
Also Read: We want to blur the lines between offline and online worlds: Zilingo CEO Ankiti Bose
In February 2019, it secured a massive US$226 million in Series D round of funding from a host of investors, including Temasek, Sequoia Capital India, Singapore-based Burda Principal Investments, Sofina (Belgium) and EDBI.
Fashion is one of the industries devastated by the ongoing pandemic. The crisis forced many companies to scale down and/or cut workforce. In July, Indonesia’s fashion e-commerce platform Sorabel shut down.
—
Image Credit: Zilingo
The post Zilingo CFO James Perry quits: Report appeared first on e27.