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Home Business

Head of communications at Startup Zilingo resigns after co-founder’s departure

by Nick Erickson
May 29, 2022
in Business
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Startup Zilingo’s communications head Naushaba Salahuddin has resigned

Nearly two months after Singapore-based trading firm Zilingo’s co-founder Ankiti Bose was fired over allegations of financial irregularities, the company’s head of communications and public relations, Naushaba Salahuddin, has also resigned.

Ms Salahuddin, previously suspended for questioning her employer’s media statements following Ms Bose’s resignation, expressed hope that the truth will prevail.

Zilingo’s former communications chief announced her resignation on LinkedIn last week, saying, “As I may be risking more threats and discredit for expressing dissent and for this post, I can walk away knowing I gave this company my all. It’s been one of my biggest learning curves and I’ve met some of the best people that I can now proudly call my best friends.I’m extremely grateful and humbled by all the support and kindness I’ve received, especially from my contacts in the industry, during this tumultuous time in my career.”

“I am confident that the truth will still prevail. While I look forward to sharing more revelations in the coming days, it is now absolutely critical that all of you appreciate the sensitivity of the situation, and understand that not just me, but several other individuals may come under threat and coercion because they face the truth,” she continued.

Meanwhile, Ms Bose has alleged that she abused social media after her departure from Zilingo, alleging that her personal information was leaked without her consent.

The startup had fired Ms. Bose, the 30-year-old entrepreneur, on March 31 after receiving “complaints of major financial irregularities,” media reports said.

Ms Bose announced on May 27 that she had received an accelerated protection order against a Twitter user from the Singapore courts. Her statement did not name the user, the reports said.

Zilingo is backed by Sequoia Capital India and Southeast Asia, Temasek, German investment firm Burda and Belgian family office Sofina, among others, and is valued at over $800 million.

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