Highbrow Securities is leading an investment round that has raised $3 million for the consulting firm Novavente.
As per a press release from Novavente, the funds will be utilized for expanding the company, improving its offerings and services, and drastically increasing its workforce.
Novavente is a consulting company that was founded in 2016 by Ronak Rajan. It provides managed services, technology sales, B2B sales, and marketing. It uses AI, machine learning, sales automation, and research-driven strategies to help clients expand in current markets and explore new geographies. It specializes in global sales enablement and demand generation.
Global corporations, start-ups, and large enterprises in the US, Europe, UK, Middle East, and Asia Pacific are among the markets that Novavente claims to service. It has worked with clients in the IT, software, cloud, manufacturing, automotive, and media sectors, including ONGC, LTIMindtree, Viacom18, Jio Cinema, Sodexo, and Alibaba.
The company claims to have invested in the creation of generative AI services and products. Additionally, Thought Minds Systems Private Limited, a cutting-edge startup with a focus on generative AI, received funding from it. With more than 50 GenAI experts on staff, ThoughtMinds has attracted several significant clients in the US, India, and the Middle East.
