Introduction to Zilingo
A Deeper Insight into Zilingo Marketplace
Zilingo, as people know it today, was founded back in 2015 by Ankiti Bose (CEO) and Dhruv Kapoor (CTO) to offer a world of seamless possibilities to different small and medium-scale enterprises around the world in global Ecommerce. The outreach of the marketplace, ever since its foundation, has been overwhelmingly far-reaching. Presently, the marketplace is based in countries like Singapore, Thailand, Indonesia, Malaysia, Hong Kong and Australia. The objective behind building such a tech-enabled international online marketplace was simply to help all budding online businesses get an impressive recognition.
Zilingo, with a measured valuation of $20 Billion, attempts to tap the fullest online potential in the genre of fashion and lifestyle and fill the existing gaps with its unique platform. The marketplace has been accounted to grow at a monthly rate of 30% month-on-month; it has proved to be a useful ecosystem for sellers and brands so far with an average of 75-80% monthly growth in their overall revenue after joining the marketplace. The marketplace is about to initiate working capital loans soon to help these sellers and brands make an even more profitable business. At present, there are more than 1500 small and medium scale sellers and brands making use of the Zilingo’s platform to attain scalable heights in global online selling.
The marketplace operates on a proprietary back-end interface called ‘Katana’ to ensure impeccable service is delivered across any continent, country, region, language and currency. The visual recommendation and visual search engine added by Zilingo to its platform enable prospective customers to upload pictures of products they are seeking for and suggest suitable recommendations based on colour, design or style; this undoubtedly makes way for higher sales and profit generation for sellers or brands. The widespread visibility of the marketplace is evident from the increasing number of monthly visitors to its platform that is soon to catch up with the number of monthly visits to the largest global Ecommerce platform in the region.