After layoffs and India shutdown, eFishery eyes PE funding

After layoffs and India shutdown, eFishery eyes PE funding

eFishery and local stakeholders during the launch of eFishery's Super Ecosystem Village Programme in December 2022 (Photo courtesy of eFishery)

Beleaguered Indonesian aquaculture startup eFishery—now overseen by FTI Consulting and a new management under CEO Martin Wong—is understood to be looking to raise funds from private equity investors, even as it undergoes a forensic audit into alleged financial irregularities by its former leadership.

Edited by: Pramod Mathew