A series of fraud cases raises questions about due diligence, but also regulatory oversight, in Indonesia’s start-up scene at ...
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 ...
In the challenging landscape of startup funding, characterised by economic uncertainties and fluctuating investment climates, ...
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 ...
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 ...
Implementing environmental, social, and governance (ESG) practices has become a non-negotiable prerequisite for any business ...