Singapore & Bengaluru, 13 September 2024: Autify Network, a leading blockchain startup, has announced that its flagship platform, Autify Verified has successfully onboarded over 600 brands. In addition, more than 20,000 users and businesses across 100+ countries are actively engaging with the platform.
Autify Verified connects verified brands, vendors, and suppliers, helping them collaborate and grow their businesses with ease. It also addresses inefficiencies and trust issues that often hinder traditional supply chains. The platform's decentralized nature ensures that all users are trustworthy, simplifying transactions and fostering reliable partnerships across borders.
Reflecting on this milestone, Nabarun Chakraborty, Founder and CEO of Autify Network, said, “We're thrilled to see Autify Verified gain such incredible traction in the market. Hitting 600 brands is a huge win for us, but what really excites me is the trust we're building in the supply chain ecosystem. Our platform is doing exactly what we envisioned - connecting businesses across the globe in a secure, transparent way”
“It's not just about the numbers; it's about creating real value for our users and reshaping how global trade happens. We're just getting started, and I can't wait to see where this journey takes us next,” he added.
Autify Network, since its launch, has successfully executed over 50 Proof of Concepts (POCs) and integrated more than 200 B2B companies into its core supply chain management and traceability platform.
This year in July, the startup raised $500,000 in strategic investment from MyAsiaVC and other notable investors, supplementing its earlier $1.9 million in venture capital and grants from Loop Ventures, NEAR Foundation, SIA Foundation, Stellar Community Fund, Filecoin, and additional supporters.
About Autify Network:
Autify Network is building a decentralized ecosystem that will transform the global supply chain. By combining blockchain and AI, the company aims to tackle inefficiencies, counterfeiting, and transparency issues, aiming to reduce the $5 trillion in annual financial losses faced by businesses worldwide. With a skilled team and innovative products, Autify Network is set to drive major advancements in supply chain management.
For more information, please visit Autify Network.
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