Investigators hired by the board of eFishery Pte. have determined the Indonesian startup is in far worse shape than they ...
ONCE hailed as a visionary in Indonesia’s agritech scene, eFishery co-founder and ex-CEO Gibran Huzaifah now finds himself at the centre of a scandal that promises to go down as one of the most ...
EFISHERY co-founder and ousted chief executive Gibran Huzaifah has denied media reports saying he received a gross monthly salary of 1.28 billion rupiah (US$77,000) in 2024. Read more at The Business ...
There are plans to file a new police report in Singapore against the co-founders and former directors of embattled ...
Beleaguered Indonesian aquaculture startup eFishery—now overseen by FTI Consulting and a new management under CEO Martin Wong ...
(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 ...
Indonesian aqua-tech start-up eFishery could be in far worse shape than investors had anticipated. Reports say that it is ...
Investors in the startup, which deploys feeders to fish and shrimp farmers in Indonesia, are likely to get back less than 10 ...
In all, global investors plowed around $315 million into eFishery’s preferred shares over five funding rounds, according to the presentation. In late 2024, the company was rocked by allegations ...
SoftBank, Temasek Among eFishery Investors Facing Near Wipeout Startup’s backers likely to recover under 10% of investments Indonesian firm allegedly misrepresented financials for years ...