Counterfeit detector Ennoventure attracts $8.9 M led by Tanglin Venture Partners

Bengaluru-based Ennoventure , an anti-counterfeit startup, has attracted USD 8.9 million in a Series A funding round led by Singapore-based venture capital firm Tanglin Venture Partners. The round included participation from existing investors Fenice Investment Group and other investors.The funds will help to further strengthen technology and expand the firm’s presence in Europe, the US, the UAE besides India.Ennoventure provides anti-counterfeit solutions using invisible signature technology enabling businesses with real-time product authentication and protection.