FashionValet burst into the spotlight in November when Malaysian sovereign wealth fund Khazanah Nasional and Permodalan Nasional, the country’s largest fund management company, incurred a 43.9 million ...

By bno - Surabaya bureau One of Southeast Asia’s most talked-about controversies is the alleged fraud at eFishery, an ...

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.

Beleaguered Indonesian aquatech unicorn eFishery, which has raised multi-million-dollar funding rounds from investors such as Abu Dhabi’s 42XFund, Malaysia’s KWAP, Switzerland’s responsAbility, ...

[JAKARTA] Employees of Indonesia’s aquaculture startup eFishery have pushed back against allegations of systematic fraud within the company, staging a protest on Thursday (Jan 23) to demand ...

Aquaculture technology company eFishery is undergoing an internal investigation, following allegations the company manipulated its revenue and profit figures, sources familiar with the matter told ...

Indonesian startup EFishery Pte, a $1.4 billion company backed by SoftBank Group and Temasek Holdings, has allegedly been faking the majority of its sales for years, according to an internal ...

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 Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistleblower’s claim about ...

Follow us on Facebook and join our Telegram channel for the latest updates. EFishery, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, according ...