The award ceremony took place in Saudi Arabia in the presence of more than 300 leading specialists from all sectors.
DUBAI, UAE–(Newsfile Corp. – June 22, 2022) – Ennoventure, the world’s first device and process independent solution for authenticating brands, was recently awarded the Most Secure Anti-Counterfeiting Technology 2022 at the the EMEA Security Conference and Exhibition, held in Saudi Arabia. It was a global conference designed with the vision of delivering a future free of illicit trade and counterfeiting.
Padmakumar Nair, Founder and CEO of Ennoventure Inc, said, “We are highly obliged to have been recognized as the most secure anti-counterfeiting technology, which has been our primary goal. What we’ve always known has finally been awarded as “the most secure” – our AI/ML-based 3-factor authentication technology. We have succeeded in establishing trust and transparency among our associated brands who have used our technology to fight counterfeits around the world. Our primary goal is to create a counterfeit-free community and help brands secure their reputation.
The award ceremony was held in Riyadh, Saudi Arabia under the theme “High Security Printing, Anti-Counterfeiting and Brand Protection”. The event brought together an international audience of over 300 leading specialists who discussed the latest trends, developments, threats and solutions related to illicit trade and counterfeiting across all sectors. The occasion was honored by Mr. Abdulaziz Al Rabiah, Head of Intellectual Property Compliance Activation, Saudi Intellectual Property Authority.
About Ennoventure Inc.
Ennoventure Inc, based in the United States and India, is a one-stop SAAS platform for brand authentication and engagement across various industry sectors. The company was founded by Shalini Nair and Padmakumar Nair in August 2018, with the aim of developing innovative solutions to address counterfeiting and quality management issues facing modern businesses. The company uses AI, cryptography, blockchain, and embedded solutions in its product offerings.
Ennoventure Inc is headquartered in Massachusetts, USA and R&D center in Bengaluru, India. In April 2018, the company raised $1 million in a funding round and recently raised $5 million in its Series A funding from Fenice Investment Group, USA.
Ennoventure’s key markets are South Asia, India and Africa, with further expansion plans into European and American markets with its universally applicable solutions.
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