Every brand of significance loses 20% or more of its revenue to Counterfeits, replacement of counterfeits (warranty). In Pharma & Automotive industry, duplicate products have implications beyond loss of revenue - loss of life, expensive legal suits to name a few, while in FMCG it is as simple as switching brands. The implications are huge with long term impact.SCoT does NOT rely on special material / ink / code for its security making it completely insider proof. SCoT also does not use any silicon based technologies like RFID but can easily integrate with one based on requirement. Deploying SCoT is simplified to ensure ZERO impact in existing packaging line. With years of experience in the packaging & security industry, SCoT is unique in its technology, deployment and authentication in a non-clonable label form with no competitors globally.
Total Funding: N/A
Funding Stage: Funded
Business Stage: Scaling Up
Market: B2B
Company Size: 26 to 50
Founded: 2017