EFishery Backers to Weigh Liquidation, Buyout Among Options Troubled startup fighting for its life after fraud allegations Adviser urging investors to decide as soon as this month ...

SINGAPORE - An adviser probing the alleged accounting fraud at Indonesian agritech company eFishery recommended that investors decide on whether to liquidate or restructure the company as soon as ...

INDONESIAN aquaculture startup eFishery on Tuesday (Feb 4) announced that it has involved business consulting and management advisory FTI Consulting in the acting management of the company, with ...

SINGAPORE, Feb 4 (Reuters) - Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to act as its new management following ...

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.

he eFishery fraud case is significant not only because of the US$600 million financial misrepresentation but also due to the involvement of major global investors in its Series C funding round ...

JAKARTA: Homegrown aquaculture unicorn eFishery has laid off an undisclosed portion of its workforce and announced a shift in focus, a move analysts say is the result of a lack of domestic demand ...

EFishery, which deploys feeders to fish and shrimp farmers in Indonesia, was a darling of the nation’s startup scene and scored a valuation of $1.4 billion when G42, an AI firm controlled by ...

(Bloomberg) -- An adviser probing the alleged accounting fraud at Indonesian agritech company eFishery recommended that investors make a decision on whether to liquidate or restructure the firm as ...