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Set up in 1974 to manage the Singaporean government’s stakes in the country’s biggest companies, Temasek has become a global ...
It quotes data from research firm Tracxn showing that Temasek’s investments in startups plunged from US$4.4 billion in 2021 ...
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The Mobile Rundown on MSNThis Startup Promised to Feed Millions. What Went Wrong?Gibran Huzaifah turned a catfish farming side hustle into eFishery, a multimillion-dollar aquaculture startup. But in 2025, ...
SINGAPORE] Towards the end of 2024, South-east Asia’s startup ecosystem appeared to be on the cusp of a bounceback. Read more ...
(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 ...
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SoftBank, Temasek Among eFishery Investors Facing Near Wipeout(Bloomberg) -- Investigators hired by the board of eFishery Pte. have determined the Indonesian startup is in far worse shape than they previously thought, and that investors are likely to get ...
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 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, Feb 4 (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 ...
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 ...
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 ...
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 ...
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