eFishery
Temasek shifts early-stage focus ‘a little more’ towards larger startups, after FTX and eFishery setbacks
Early-stage investments remain capped at 6% of Temasek’s overall portfolio
Lesson from eFishery’s fraud: A wake-up call for Indonesia’s startup ecosystem
This scandal underscores that good governance and transparency are essential – not optional – for country’s startup ecosystem, and key reforms are critically needed
EFISHERY COLLAPSE
EFishery ex-CEO shows salary slips to refute claims of billion-rupiah salary
EFISHERY co-founder and ousted chief executive Gibran Huzaifah has denied media reports saying he received a gross monthly salary of 1.28 billion rupiah (US$77,000) in 2024.
eFishery founder, ex-CEO Gibran Huzaifah addresses fraud scandal for the first time
He believes that the current narrative about eFishery is one-sided, prompting him to speak up
SoftBank, Temasek among eFishery investors facing near wipeout
The fallen startup had been a star of Indonesia’s startup scene
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