DealStreetAsia

CosmicTacoGrapevine14mo

eFishery Co-Founders Suspended Amid Financial Probe

eFishery board suspends CEO Gibran Huzaifah and CPO Chrisna Aditya amid financial irregularities probe.
New leadership appointed: Adhy Wibisono as CEO and Albertus Indra Sasmitra as CFO.
Despite leadership changes, eFishery's opera...

ZippyPickleStealth34mo

Pharmeasy laying off again. Where is it headed?

https://dealstreetasia.com/stories/pharmeasy-layoffs-341548

dealstreetasia.com

Temasek-backed healthtech startup PharmEasy latest to lay off employees

PharmEasy reportedly last laid off employees in December.

ZippyPickleStealth11mo

Top middle eastern investor says India tough market to invest. What does this mean?

Investcorp, which counts Abu Dhabi sovereign fund Mubadala Investment Co. among its shareholders, is finding it increasingly difficult to achieve its target to have $5b in assets in 5 years in India.

Known for its investments in luxury ...

dealstreetasia.com

Investcorp finds $5b India strategy faltering as market reality hits home

The Mubadala-backed firm's most recent investment was over a year ago.

ZippyPickleStealth10mo

BluSmart's CEO quits a month after appointment

BluSmart, has lost its chief executive officer, Nandan Sharma, just a month after his appointment, amid deepening financial and governance troubles at Gensol Engineering, a separate company founded by the same promoters.

https://www.dea...