INDONESIAN aquatech unicorn eFishery is ramping up plans to axe employees as it struggles to manage the fallout from its ongoing crisis. “The layoffs are happening in multiple waves, with different ...

Back in 2023, Indonesian agritech start-up eFishery raised $200 million in Series D funding, pushing the company into unicorn status with a valuation of around $1.4 billion. With big backers like ...

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 ...

SINGAPORE - Once Indonesia’s start-up darling, eFishery is eliminating more than 1,000 jobs, or about 90 per cent of the workforce as the agritech firm, hit by fraud allegations, weighs a ...

Indonesian aqua-tech start-up eFishery could be in far worse shape than investors had anticipated. Reports say that it is likely to recover less than 10 cents for every dollar it has invested.

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 start-up is in far worse shape than they previously thought, and that investors are likely to get back less than 10 US ...

(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 ...