After enjoying a threefold increase in revenue last year, Indonesian aquaculture IoT startup eFishery is casting its nets overseas, beginning with Thailand. The commercial rollout is well underway in its new market, where eFishery’s products will be launched in early 2022, CEO and co-founder Gibran Huzaifah said.“We aim to penetrate markets in 10 countries by 2025, starting with Thailand, followed by Vietnam and Bangladesh,” Huzaifah told CompassList in an interview via email. These countries have similar landscapes and market conditions to Indonesia, he added. “We are actively forming partner...
© eFishery
Bandung-based eFishery has diversified to fish sales and loan services, seeking to replicate its success in 10 countries in Southeast and South Asia, starting with Thailand
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