Ennoventure Inc. Joins Authentication Solution Providers’ Association (ASPA) in the Fight Against Counterfeiting
This membership will help Ennoventure to contribute to the global fight against counterfeiting and promote authentication ecosystems
Ennoventure Inc., a leading SaaS-based solutions provider, is proud to announce its membership with the Authentication Solution Providers’ Association (ASPA), a globally recognized non-profit organization dedicated to building authentication ecosystems to combat counterfeiting activities.
Joining ASPA aligns with Ennoventure’s mission to combat counterfeiting and protect consumers and businesses alike. ASPA is a leading organization that brings together experts and stakeholders from across the globe to develop industry standards and best practices in authentication technologies. By becoming a member of ASPA, Ennoventure gains access to valuable resources, knowledge, and expertise in the field of anti-counterfeiting, enabling the company to stay at the forefront of the latest advancements in authentication technologies.
“We are delighted to become a member of the Authentication Solution Providers’ Association,” said Mr. Padmakumar Nair, CEO and Co-Founder at Ennoventure Inc. He further adds, ‘‘Counterfeiting is a pervasive problem worldwide, affecting industries ranging from FMCG to automotive parts. It not only poses serious risks to consumer safety but also results in significant financial losses for businesses. As a technology-driven company, Ennoventure Inc. is committed to developing innovative solutions to address this global challenge. By joining ASPA, we are committed to collaborating with other industry leaders to drive innovation in authentication solutions and contribute to the global fight against counterfeiting.’’
Ennoventure is renowned for its cutting-edge technologies and solutions that empower businesses to protect their products, brands, and customers from counterfeiters. Through its membership with ASPA, Ennoventure aims to further strengthen its efforts in developing and implementing robust authentication solutions, helping businesses safeguard their intellectual property, reduce counterfeiting risks, and ensure the authenticity of their products.
About Ennoventure:
Ennoventure Inc. is a unique SaaS-based company for brand authentication and engagement solutions across diverse industry segments. The company was founded by Shalini Nair and Padmakumar Nair in August 2018, with the goal of developing innovative solutions to solve counterfeiting faced by modern day businesses. The company uses AI and Cryptography in their product offerings.
Ennoventure Inc. is headquartered in Massachusetts, USA and has its R&D centre in Bengaluru, India. In April 2018, the company had raised USD 1 million in a seed fund round and has recently raised USD 5 million in their series A funding from Fenice Investment Group, USA. Ennoventure plans to expand further into the European and US markets with its unique solutions.
About Authentication Solution Providers’ Association (ASPA):
Authentication Solution Providers’ Association (ASPA) is a globally recognized non-profit organization dedicated to building authentication ecosystems against counterfeiting. ASPA brings together industry experts, stakeholders, and solution providers to develop industry standards, best practices, and guidelines for authentication technologies. ASPA collaborates with governments, international organizations, and other stakeholders to promote the use of authentication solutions and create awareness about the risks of counterfeiting.
