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Fashion platform Zilingo acquires Sri Lankan SaaS startup nCinga for $15.5M



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Singapore’s fashion startup Zilingo has acquired Sri Lanka’s SaaS startup nCinga in a $15.5 cash and stock deal, the two said today. nCinga, founded in 2013, offers an IoT platform to enable real-time production monitoring on factory floors and data analytics tools. Its acquisition is one of Sri Lanka’s largest tech exits in recent times, …

The post Fashion platform Zilingo acquires Sri Lankan SaaS startup nCinga for $15.5M appeared first on EddyWebCreative.



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