Can eFishery swim from Indonesia to India?

More: The US$30.3 million funding round of Grab’s Vietnam competitor. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [EFishery’s dip into international waters]( - Grab’s competitor in Vietnam gets a US$30.3 million capital injection - Other newsy highlights such as J&T Express naming first China CEO after business restructuring --------------------------------------------------------------- Hello {NAME} The past couple of years have had more bad news than good, what with the tech winter and overall bear market. That’s why it was so refreshing to read eFishery’s story in today’s featured premium article. After achieving a US$1.4 billion valuation off the back of a US$200 million series D round in July 2023, the Indonesian startup has now launched commercial operations in India ahead of schedule. What’s more, it’s doing all of this while maintaining a positive bottom line. As we proceed into the new year, I hope I can also be that successful. I could certainly do with US$200 million in my bank account. -- Winston  ---------------------------------------------------------------  THE BIG STORY [EFishery takes on global aquaculture in a balancing act]( The newest Indonesian unicorn has kicked off an international expansion despite having only a 7% to 8% market penetration in its home country. --------------------------------------------------------------- TRENDING NEWS [J&T Express names first China CEO after business restructuring]( The move, reported by state-owned media outlet The Paper, comes after the logistics firm separated its China business from its international one. [Grab Vietnam competitor Be Group bolsters war chest with $30.3m round]( Be Group, which aims to be EBITDA positive in 2024, also counts Vingroup founder Pham Nhat Vuong as an investor through his taxi firm GSM. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Surviving the funding game: how timing can make or break your startup]( Industry realities, economic conditions, and market volatility can affect the time gap between funding rounds. ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - AAAFx - [AAAFx Year in Review: A Testament to Success in 2023, Exciting Prospects for 2024]( In 2023, leading brokerage, AAAFx, achieved a significant milestone by surpassing one million website users. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Business Development Executive - Jakarta]( at Waresix Jakarta, Indonesia - [Graphic Design Intern]( at KoinWorks Jakarta, Indonesia - [Brand Specialist]( at Rocketindo Jakarta, Indonesia - [iOS Engineer]( at TIXid Jakarta, Indonesia - [Forex Strategist]( at Scout.inc Bandung, Java, Indonesia - [Logistic Analyst]( at PT Kawan Lama Sejahtera Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2024 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894