SINGAPORE] Towards the end of 2024, South-east Asia’s startup ecosystem appeared to be on the cusp of a bounceback. Read more ...

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 ...

Investing.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 is facing significant layoffs amid an ongoing crisis, affecting potentially up to 90% of employees The company recently conducted an internal probe into allegations of inflated revenue ...

The increase in fraud tarnishes the image of startups in Indonesia. Flows of capital are in decline, reflecting investor ...

The increase in fraud tarnishes the image of startups in Indonesia. Flows of capital are in decline, reflecting investor ...

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 ...

EFishery, co-founded by a former resident of a poor Jakarta neighborhood, became a rare Indonesian unicorn after raising $200 million in fresh funding. The agritech startup’s value hit $1.4 ...

Indonesian agritech unicorn eFishery is under the scanner as an ongoing probe suggests that the company may have been committing misconduct, including fraud. Southeast Asia's startup ecosystem has ...

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The fallen startup, whose financial backers include SoftBank Group Corp. and Singapore’s Temasek Holdings Pte., had been a star of Indonesia’s startup scene. eFishery was valued at $1.4 ...

Indonesia's eFishery, which has just hit a valuation of over $1 billion, has brought in an experienced sales executive formerly with Regal Springs to lead its downstream shrimp efforts in the US ...