About Novosol
Novosol is a company based in Singapore (Singapore) founded in 2008 by Minhaz Lokhandwala. Novosol has raised $7 million across 2 funding rounds from investors including Minhaz Lokhandwala. Novosol offers products and services including moLotus. Novosol operates in a competitive market with competitors including Aarki, Bird, Termii, Superchat and OpenMarket, among others.
- Headquarter Singapore, Singapore
- Founders Minhaz Lokhandwala
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Sectors
TechnologyMedia & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Novosol Mobile Magic Private Limited
- Date of Incorporation 29 Apr, 2011
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$176.08 K (USD)-27.22as on Mar 31, 2019
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Net Profit
-$31.69 K (USD)-40.78as on Mar 31, 2019
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EBITDA
-$28.11 K (USD)-55.11as on Mar 31, 2019
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Total Equity Funding
$7 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
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Employee Count
Not available
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Products & Services of Novosol
Novosol offers a comprehensive portfolio of products and services, including moLotus.
Delivers personalized video messages for marketing without app downloads.
Funding Insights of Novosol
Novosol has successfully raised a total of $7M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Novosol
Novosol has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Minhaz Lokhandwala.
| Investor | Description | Founded Year | Domain | Location |
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Minhaz Lokhandwala |
Angel investor and tech enthusiast, ex-CTO of Tracxn, startup mentor
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Investor details for Novosol
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Investments & Acquisitions by Novosol
Investment portfolio details for Novosol
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Financial Statements - Novosol
Detailed financials for Novosol
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Novosol Comparisons
Peer comparison for Novosol
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Competitors of Novosol
Novosol operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aarki, Bird, Termii, Superchat and OpenMarket, among others.
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Platform for creative optimization and programmatic media buying is provided.
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Cloud-based CRM solutions are delivered for business operations.
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Cross-channel messaging and eSIM connectivity solutions are provided to businesses.
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Messaging marketing software is provided for multi-channel customer outreach.
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Messaging marketing platform is provided for customer campaigns.
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Mobile ad creatives and management are powered by AI technology.
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Detailed competitors of Novosol
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Latest news on Novosol
Complete news archive for Novosol
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Frequently Asked Questions about Novosol
Novosol was founded in 2008 and raised its 1st funding round 11 years after it was founded.
Novosol is headquartered in Singapore, Singapore.
Minhaz Lokhandwala is the current CEO of Novosol. They have also founded this company.
Novosol is a funded company, having raised a total of $7M across 2 funding rounds to date.
Annual revenue of Novosol is $176.08K as on Mar 31, 2019.
Mobile advertising platform fore enterprise business and SMEs. It offers direct customer marketing and engagement platform that helps companies to promote, sell, and engage with customers. It also automates customer relationship processes by delivering messages across various industries and geographies through video messaging personalization and interaction features.
Novosol's top competitors include Aarki, Superchat and Text Request.
Novosol offers moLotus.
Novosol has 1 investor. Key investors include Minhaz Lokhandwala.