(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 ...

EFishery Backers to Weigh Liquidation, Buyout Among Options Troubled startup fighting for its life after fraud allegations Adviser urging investors to decide as soon as this month ...

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 ...

SINGAPORE - An adviser probing the alleged accounting fraud at Indonesian agritech company eFishery recommended that investors decide on whether to liquidate or restructure the company as soon as ...

SINGAPORE - Once Indonesia’s start-up darling, eFishery is eliminating more than 1,000 jobs, or about 90 per cent of the workforce as the agritech firm, hit by fraud allegations, weighs a ...

INDONESIAN aquatech unicorn eFishery is ramping up plans to axe employees as it struggles to manage the fallout from its ongoing crisis. “The layoffs are happening in multiple waves, with different ...

nionized workers from Bandung-based aquaculture technology start-up PT Multidaya Teknologi Nusantara (eFishery) staged a demonstration on Thursday in the West Java city to protest the company’s ...

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 month ...

Back in 2023, Indonesian agritech start-up eFishery raised $200 million in Series D funding, pushing the company into unicorn status with a valuation of around $1.4 billion. With big backers like ...

SINGAPORE (Reuters) - Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to act as its new management following allegations of ...