Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to ...
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.
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 ...
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 (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 ...
ndonesian aquaculture start-up eFishery is embroiled in a new financial scandal, as a whistleblower’s allegations prompted an internal investigation suggesting that the company inflated its ...
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 ...
The company, called eFishery, reportedly told investors including SoftBank that it had revenue of $752 million for the nine months through September of last year when the real amount was actually ...
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 ...