Ankiti Bose | Former CEO of Jilingo Ankiti Bose sued investor Mahesh Murthy for defamation of 820 crores, know the whole matter
New Delhi. While Ankiti Bose, co-founder and former CEO of Singapore’s fashion technology company Zilingo, has filed a defamation complaint against Mahesh Murthy, a well-known angel investor and co-founder of Seedfund company. Case has been filed. According to the reports received there, Ankiti Bose has filed a defamation case of $ 100 million (more than Rs 820 crore) against Mahesh Murthy in the Bombay High Court. On the other hand, sources in the know of the matter say that an article by Mahesh Murthy was published in the March 1 issue of Outlook Business magazine, which created a controversy and because of which a defamation case has been filed against him. In his article, Murthy indirectly accused Ankiti Bose of taking illegal money from a startup. What is an angel investor, inform that such people are called angel investors who provide financial help to a small startup or entrepreneur by investing in that project. Murthy had alleged that Ankiti had asked his firm to pay Rs 70 crore as fees to her lawyer and it is rumored that a major chunk of that amount as a cut went to the woman. Got it straight back. Significantly, currently Ankiti Bose is reportedly under suspension from Jilingo since April 2022. According to sources, after the news of the defamation suit came to the fore, some messages are being circulated on digital social platforms. However so far Ms Bose and Mr Murthy have not commented on any latest development. In such a situation, now it has to be seen that how this fight will affect the startup corridors of the country, which is currently going through a funding crunch.