Indonesian aquaculture tech company eFishery, backed by investors like Temasek, has outlined careful expansion and IPO plans. The company, known for digitizing aquaculture processes, is expanding into several international markets. eFishery’s CEO Gibran Huzaifah indicated that the IPO is essential for the company's long-term goals, primarily for accessing public funding to support both international growth and technology enhancements. However, the timing for going public remains uncertain due to current global economic conditions.

Cited from Tech in Asia eFishery’s approach to expansion includes strategies to build sustainable and profitable business operations, which the company views as critical for appealing to future investors. Recently, eFishery has also restructured internally, with layoffs designed to increase efficiency and profitability. The company has made efforts to support employees affected by these changes, citing the need for a sustainable path that aligns with a broader vision of industry digitization.