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E Fishery Appoints Adhy Wibisono As Interim CEO and Albertus Sasmitra As Interim CFO Amid Alleged Embezzlement Investigation

Dec 18, 2024•12 months ago

Position

Director

Company

eFishery

Albertus Sasmitra
Singapore

Description

eFishery, a tech startup, has appointed Adhy Wibisono as interim CEO and Albertus Sasmitra as interim CFO amid an ongoing investigation into alleged embezzlement by its co-founders Gibran Huzaifah and Chrisna Aditya. This decision was made in collaboration with the company's shareholders as a commitment to enhance the company's governance.

Company Information

Company

eFishery

Location

Singapore

About

The company then diversified into eFishery Fresh (fishery grocery), eFisheryFeed (fish and shrimp feed), and eFishery Fund (providing loans to aquaculture farmers).The company claims that to have deployed thousands of smart feeders, serving over 30,000 farmers across 24 provinces in Indonesia to date. However, according to DealStreetAsia – DATA VANTAGE, the company had raised $19.81 million in its Series B round. eFishery started operations in 2013 as an IoT feeder for fish and shrimp farming.

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