Novavente, a dynamic consulting firm, has successfully raised $3 million in an investment round led by Highbrow Securities. This significant capital injection is poised to propel Novavente’s expansion plans, enhance its service offerings, and substantially increase its workforce, according to a press release from the company.
Founded in 2016 by Ronak Rajan, Novavente has carved out a niche in the consulting industry with its comprehensive suite of services, including sales, marketing, managed services, technology sales, and B2B sales. The firm specializes in global sales enablement and demand generation, leveraging advanced technologies such as artificial intelligence, machine learning, and sales automation, combined with research-driven strategies, to help clients thrive in existing markets and explore new opportunities.
Novavente boasts a diverse clientele, serving global companies, large enterprises, and startups across the US, Europe, UK, Middle East, and Asia Pacific. Its impressive client roster includes renowned names like ONGC, LTIMindtree, Viacom18, Jio Cinema, Sodexo, and Alibaba, spanning various sectors such as IT, software, cloud, manufacturing, automotive, and media.
A key aspect of Novavente’s growth strategy involves significant investments in developing generative AI products and services. The company has also invested in Thought Minds Systems Private Limited, an innovative startup specializing in generative AI. ThoughtMinds has grown to include over 50 GenAI specialists and has secured numerous major clients across the US, India, and the Middle East.
With this new funding, Novavente is well-positioned to continue its trajectory of innovation and growth, solidifying its presence as a leader in the consulting industry.
