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.

In a statement on Thursday, Kabayan party-list Rep. Ron Salo said he filed House Bill (HB) No. 11294 or the proposed Livestreaming of Sangguniang Bayan Sessions Act, so that the people of a ...

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 ...

SINGAPORE – One of Indonesia’s most prominent start-ups, eFishery, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistle ...

JAKARTA – Indonesian catfish farmer Mujahid, who goes by one name, runs 180 fish ponds in West Java province, and, since 2023, has supplied catfish solely to eFishery, one of Indonesia’s most ...

(Bloomberg) -- 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 ...

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, ...

Indonesian aquatech startup eFishery, which has been in the headlines for allegations of financial irregularities at the firm, has caused serious reputational damage to the broader startup community.

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