This could have a chilling effect for, conservatively, 12 months, but probably longer,” Justin Hall of Golden Gate Ventures ...

An adviser probing the alleged accounting fraud at Indonesian agritech company eFishery recommended that investors make a ...

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 company as soon as this ...

INVESTORS in Indonesian unicorn eFishery must have felt their hearts sink with the revelation that the declared revenue and ...

Many start-up founders develop an overconfidence bias, believing they can manage small ethical lapses without long-term ...

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, ...

eFishery’s management reportedly recorded the unsold eFeeder tools as assets. A Kontan source explained, “eFishery has assets of IDR 5 trillion ($307 million), but the price of one tool is only IDR ...

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 ...

This means more than 75% of the reported figures were reportedly falsified. EFishery, which provides automated feeders to fish and shrimp farmers in Indonesia, is considered a prominent member of the ...