Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
SoftBank-Backed Fish Firm Allegedly Faked Most of Its Sales
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe24 JAN 2025 / BUSINESS
-1737726284.webp)
Indonesian agritech startup, eFishery, backed by major investors like SoftBank and Temasek, is being investigated for fraudulently inflating its revenue and profit figures. The scandal has widely shaken the country's startup scene and investor trust, leading to significant reassessment of risks and due diligence practices, especially in emerging markets.
EFishery Pte, a high-flying agritech startup from Indonesia, just got tangled in a major fraud scandal that’s rattling the entire startup scene there. This company, which snagged hefty investments from industry giants like SoftBank and Temasek, is now und...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
-1788433670.webp)
