Novavente, a leading consulting firm specializing in sales, marketing, and managed services, has successfully raised $3 million in a recent investment round led by Highbrow Securities. This funding infusion is earmarked for expanding its service offerings, enhancing operational capabilities, and scaling its workforce, as announced in a press release by Novavente.
Founded in 2016 by Ronak Rajan, Novavente leverages advanced technologies such as AI, machine learning, and sales automation to deliver global sales enablement and demand generation solutions.
The firm caters to a diverse clientele including global corporations, large enterprises, and startups across regions including the US, Europe, UK, Middle East, and Asia Pacific. Notable clients served by Novavente include ONGC, LTIMindtree, Viacom18, Jio Cinema, Sodexo, and Alibaba, spanning industries such as IT, software, cloud services, manufacturing, automotive, and media.
In addition to its consulting services, Novavente has invested in developing generative AI products and services, highlighting its commitment to innovation in sales and marketing strategies. The firm has also made strategic investments in Thought Minds Systems Private Limited, an emerging startup specializing in generative AI. Thought Minds has rapidly expanded its team to over 50 specialists and secured significant clients across the US, India, and the Middle East.
The recent investment from Highbrow Securities underscores confidence in Novavente’s business model and growth potential, positioning the firm to further capitalize on opportunities in global markets and advance its technological capabilities.