The company, called eFishery, reportedly told investors including SoftBank that it had revenue of $752 million for the nine months through September of last year when the real amount was actually ...

Yet, as the recent financial troubles at eFishery, KoinWorks and Bukalapak demonstrate, many Indonesian tech start-ups are built on precarious foundations, reminiscent of houses constructed on sand.

SINGAPORE - Indonesian aquaculture start-up eFishery on Feb 4 announced that it has involved business consulting and management advisory FTI Consulting in the acting management of the company ...