2026-04-29
Bloomberg
4 related
Indonesia sentences eFishery founder Gibran Huzaifah to nine years in prison, concluding a $300M scandal that destroyed one of Southeast Asia's top startups
Indonesia handed eFishery founder Gibran Huzaifah a nine-year prison sentence on Wednesday, concluding a high-profile $300 million financial scandal …
2025-04-15
Bloomberg
1 related
An interview with eFishery CEO Gibran Huzaifah and 20+ sources detail how Gibran's “fake-it-till-you-make-it” deceptions spiraled, losing investors $300M+
Agritech venture eFishery was one of Asia's brightest startups with money from the likes of SoftBank and Temasek.
2025-02-26
Bloomberg
2 related
Documents and a source: Indonesian agritech eFishery misrepresented its financials for years; backers like SoftBank are likely to recover <10% of investments
Investigators hired by the board of eFishery Pte. have determined the Indonesian startup is in far worse shape … Nelson Ng : Here's who most unfortunate on eFishery's case no one talks about. — The ...
2025-02-15
Bloomberg
1 related
Sources: SoftBank-backed eFishery, Indonesia's high-profile agritech startup, cuts over 1,000 jobs, or ~90% of its workforce, and weighs a potential liquidation
- Indonesia's high-profile agritech startup cuts over 1,000 jobs — Company unraveling after allegedly faking most of its revenue
2025-01-22
Bloomberg
3 related
An internal probe into SoftBank-backed eFishery, one of Indonesia's most prominent startups, finds the agritech company allegedly faked most of its 2024 sales
Our story last night delves into the size, scope and details of the alleged fraud …
2023-05-25
Tech in Asia
2 related
Filing: Indonesia-based eFishery, which offers devices, tools, and financing to fish and shrimp farmers, raised a $108M Series D at a $1.3B post-money valuation
Grace Priscilla Teo / Tech in Asia :
2022-01-11
TechCrunch
4 related
Indonesia-based eFishery, which offers financing and software for shrimp and fish farmers to monitor their operations, raises a $90M Series C
Catherine Shu / TechCrunch :
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