ennoventure inc
United States, Cambridge , Massachusetts
Ennoventure Inc. is a SaaS-based company which offers unique anti-counterfeit & brand engagement solutions to a range of diverse industry segments including pharmaceuticals, food & beverage, agrochemicals and FMCG.
Main Services:
Anti counterfeit solution , Brand protection SaaS solution , Invisible cryptographic signature with no process change , Brand authentication & engagement SaaS solution, Carbon footprint reduction , fake product detection in over 2 Billion packages
Our patented technology uses AI & cryptography to create immutable invisible signatures which can be scanned easily using a smartphone.
The beauty of our invisible signatures is that it can be applied to the package artwork without a microdot being added to it, with no capital expenditure and no process changes. Moreover, our solution can’t be replicated or tampered with.
In addition to the authentication feature, there are multiple use-cases of our solution including accessible packaging for the visually impaired users, campaign management for time/location-based campaigns, global tracking to counter fakes or parallel trade among others.
Padmakumar Nair, who is the Co-Founder and CEO of Ennoventure Inc., was in MIT when he learnt from one of his classmates that in every five minutes, a child in Africa dies from malaria, which is completely curable, but was dying only due to counterfeit anti-malarial medication. That is when, he approached his former classmate, Shalini Nair, who was managing her own venture at that time, to develop a solution that could deter counterfeiting. Shalini then filed two US patent applications by August 2018, one of them was approved in November 2018 and the other one in February 2019. That is how Ennoventure Inc. was established in 2018 with a goal to develop digital solutions to problems that people face every day.
About the founders:
Padmakumar Nair, Co-Founder & CEO at Ennoventure Inc.-
With over 18+ years of leadership experience globally, Padmakumar Nair is an alumnus of the prestigious MIT Sloan School of Management. He has managed multi-disciplinary, cross-functional and geographically diverse teams to optimize business value by following a motivational style of leadership and encouraging open communication.
Shalini Nair, Co-Founder & Board-Director at Ennoventure Inc.-
An IIM-B alumnus, Shalini Nair has over 20 years of experience in the IT & services domain. She is the holder of multiple IP rights and has previously had a stint at Ohile Technologies and HCL Infosystems.
Diib Reviews by our featured members:
"Simple , easy to understand even for a non technical person Explains each item in detail Very useful Dashboard Most important , e mails daily on some aspect or other that can improve business Chase the customer to use the platform to its full potential , much appreciated"
