Ennoventure Inc., a Bengaluru-based anti-counterfeit startup, has raised $8.9 million in a Series A funding round led by Tanglin Venture Partners, a Singapore-based venture capital firm. The round also saw participation from existing investors, including Fenice Investment Group and additional SAFE investors.

The company plans to use the funds to expand its technology and extend its reach across global markets, including Europe, the US, UAE, and India, with a goal of achieving nearly 100% revenue growth this year, according to CEO and Founder Padmakumar Nair.

Ennoventure currently generates 70% of its revenue from international markets, where its patented invisible signature technology is deployed across various industries, including automotive, FMCG, agrochemicals, and industrial spare parts.

The startup offers a unique anti-counterfeit solution that integrates invisible signatures into existing product packaging without requiring modifications. This technology allows businesses to authenticate products in real-time using standard smartphones, providing enhanced security and accessibility for both brands and consumers.