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SINGAPORE] Towards the end of 2024, South-east Asia’s startup ecosystem appeared to be on the cusp of a bounceback. Read more ...
Not only has eFishery dominated headlines in recent months, but Indonesia’s top business content creators have also dedicated YouTube videos to dissecting the alleged fraud at the company. In January, ...
Afriadi Hikmal/NurPhoto via Getty An Indonesian agriculture tech startup that raised hundreds of millions of dollars appears to be a giant fraud. The company, called eFishery, reportedly told ...
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 soon as this ...
(Bloomberg) -- EFishery Pte is eliminating more than 1,000 jobs, or about 90% of the workforce, as the Indonesian agritech company suspected of fraud weighs a potential liquidation. The cuts began ...
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Indonesian agritech EFishery cuts 90% of jobs, report saysInvesting.com -- EFishery Pte, an Indonesian agritech firm ... The company is considering potential liquidation as it faces allegations of fraud. The job cuts have already begun and more ...
eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to act as its new management following allegations of misconduct including fraud by certain members of its ...
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 ...
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Indonesian Startup EFishery Appoints FTI Consulting as Manager Amid Alleged Fraud Probe SINGAPORE (Reuters) - Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed ...
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 ...
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