Singapore tech startups raised $2.1b whilst Indonesia funding declined by 75%. Singapore and Indonesia saw a decrease in ...
Many companies that had reached unicorn status remained unable to record profits. ome venture capitalists have suggested that ...
Indonesian startup EFishery Pte, a $1.4 billion company backed by SoftBank Group and Temasek Holdings, has allegedly been faking the majority of its sales for years, according to an internal ...
In a few weeks, shareholders should vote on whether to wind down, restructure, or sell the company. Read more at straitstimes ...
Burning through investor money is often considered a justified strategy by tech start-ups to demonstrate impressive growth ...
In the challenging landscape of startup funding, characterised by economic uncertainties and fluctuating investment climates, ...
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 ...
The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the ...
Last November, at the G20 conference in Rio de Janeiro, Indonesia’s new president, Prabowo Subianto, vowed to bring forward ...
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistleblower’s ...