247 Job News Saifudin Hidayat: Reeling in Indonesia’s next unicorn

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Isnin, 13 Jun 2022

Reeling in Indonesia’s next unicorn

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Reeling in Indonesia’s next unicorn

In 2019, a video about a fish being loaded into a chute through a rubbery, translucent sleeve - the “fish tube,” as the internet decided to call it - went viral.

Even before the fish tube became well-known, television host John Oliver paid tribute to the device by assembling an impressive cast of celebrities that included Tom Hanks and Homer Simpson and shooting fish at them.

The takeaway was clear: Inventive solutions in the fisheries space made headlines.

Making our top story today is Indonesia’s eFishery, which stands within striking distance of US$1 billion in valuation. It has capitalized on the challenges that the country’s fisheries sector faces, including a lack of access to capital and inefficiencies in production, by building products that specifically cater to these bottlenecks.

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