eFishery fiasco: Are state-linked investors risking their reputation investing directly in startups?
INVESTORS in Indonesian unicorn eFishery must have felt their hearts sink with the ... The final investigation report is yet to be completed. The company provides feeders to fish and shrimp farmers in ...
Fishery develops end-to-end technology for fish farmers, from internet-connected smart feeders to a mobile app where farmers can sell their harvest. Shrimp in particular is quite high in protein, and ...
EFishery Pte, one of Indonesia’s most prominent start-ups, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistle-blower’s ...
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 ...
Yet, as the recent financial troubles at eFishery, KoinWorks and Bukalapak ... with reports claiming 400,000 fish feeder units, while only 24,000 could be confirmed. Meanwhile, KoinWorks ...
That would mean more than 75% of the reported figures were fake, the report said. EFishery, which deploys feeders to fish and shrimp farmers in Indonesia, was a darling of the nation’s startup scene ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results