SoftBank, Temasek Among eFishery Investors Facing Near Wipeout Startup’s backers likely to recover under 10% of investments Indonesian firm allegedly misrepresented financials for years ...

As eFishery began attracting more investment, it started branching out into adjacent activities, such as developing a distribution network to help fish farmers bring their product to market.

The unicorn pledged to focus on developing both upstream and downstream parts of its business this year, including product penetration and digitalization. In October 2023, eFishery established a ...

Investing.com -- EFishery Pte, an Indonesian agritech firm, is in the process of eliminating more than 1,000 jobs, which is roughly 90% of its workforce, Bloomberg reported on Thursday. The ...

(Bloomberg) -- Investigators hired by the board of eFishery Pte. have determined the Indonesian startup is in far worse shape than they previously thought, and that investors are likely to get ...

The fallen startup, whose financial backers include SoftBank Group Corp. and Singapore’s Temasek Holdings Pte., had been a star of Indonesia’s startup scene. eFishery was valued at $1.4 ...

Investigators hired by the board of eFishery have determined the Indonesian startup is in far worse shape than they previously thought, and that investors are likely to get back less than 10 cents ...

Investigators hired by the board of eFishery have determined the Indonesian startup is in far worse shape than they previously thought, and that investors are likely to get back less than 10 cents for ...

About 76 per cent of eFishery’s US$68 million in accounts receivable were deemed as bad debt more than 60 days overdue, with the company ultimately liable for the bulk of loans it facilitated ...

(Bloomberg) — Investigators hired by the board of eFishery Pte. have determined the Indonesian startup is in far worse shape than they previously thought, and that investors are likely to get back ...