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Funding · Enterprise Software & IT

Arvo raises ₹1.5 crore to expand product authentication tech

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Date
Company
Arvo
What it does
product authentication with AI
Kind
Funding
Amount
~INR 1.5 Crores
Stage
seed
Sector
Enterprise Software & IT

What they do

Arvo uses AI and computer vision to create digital identities for products to combat counterfeiting

What happened

The company raised ₹1.5 crore in seed funding from Inflection Point Ventures to scale its technology and expand into European and US markets

Why it matters

Arvo's solution allows stakeholders to verify a product's origin, supply chain, compliance, and sustainability credentials with a single scan

The details

  • Arvo is a startup that uses AI and computer vision to create digital identities for products to combat counterfeiting.
  • The company recently raised ₹1.5 crore in seed funding from Inflection Point Ventures.
  • The funding will be used to strengthen Arvo's AI-driven authentication technology and expand its market reach.
  • Arvo's technology allows stakeholders to verify a product's origin, supply chain movement, regulatory compliance, and sustainability credentials with a single scan.
  • The company is preparing to expand into European and US markets and is hiring more AI and machine learning specialists.

The bigger picture

  • Counterfeit products are a growing concern across industries, from luxury goods to pharmaceuticals and automotive components.
  • Arvo's solution aligns with global trends toward digital product passports, especially in sectors like electric vehicles and apparel.
  • The demand for transparency is increasing as consumers seek verifiable proof of authenticity and ethical sourcing.

About the business

  • Arvo provides a platform that gives products a unique digital identity through AI and computer vision.
  • The platform enables authentication, traceability, compliance tracking, and sustainability visibility for products.
  • Stakeholders such as manufacturers, distributors, and consumers can access verified information about a product's journey with a single scan.
  • Arvo's technology helps brands combat counterfeiting and showcase ethical sourcing and environmental commitments in a credible manner.
  • The company is expanding into European and US markets to scale its technology across industries.

What happens next

  • Arvo plans to expand into European and US markets.
  • The company is hiring more AI and machine learning specialists.
  • Arvo is preparing for its next round of fundraising in the coming months.

The deal

Type
funding

Investors

Founders

  • Duke Banerjee, Co-Founder
  • Sumit Goswami, Co-Founder

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