The shrimp industry is one of the few in Indonesia that managed positive growth during the Covid-19 pandemic. As of November 2020, shrimp exports from Indonesia reached a value of $1.86bn, up from $1.7bn over the whole of 2019. The Ministry for Maritime and Fishery has even set an ambitious target of $4.25bn revenue from shrimp exports by 2024.For Liris Maduningtyas, the CEO of shrimp farming technology startup JALA, this presents an opportunity for her company to grow. In an interview with CompassList, she said JALA will launch a management franchise program for small- and medium-scale shrimp...
JALA CEO Liris Maduningtyas (left) surveys a shrimp farm ©JALA
Despite delays to hardware manufacturing and global expansion during the pandemic, JALA achieved encouraging growth in 2020 and is gearing up for a pre-Series A fundraising round
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