When was Novosol founded?

Novosol was founded in 2008 and raised its 1st funding round 11 years after it was founded.

Where is Novosol located?

Novosol is headquartered in Singapore, Singapore. It is registered at MARINE PARADE ROAD, Singapore, 449269.

Who is the current CEO of Novosol?

Minhaz Lokhandwala of Novosol. They have also founded 1 company.

Which legal entities is Novosol associated with?

Novosol is associated with NOVOSOL PTE. LTD. and 1 other.

How many employees does Novosol have?

As of Aug 31, 2026, the latest employee count at Novosol is 50.

Is Novosol a funded company?

Novosol is a funded company, having raised a total of $7M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 22, 2019.

When was the latest funding round of Novosol?

Novosol's latest funding was a $***** Series B round on Feb 22, 2024, with participation from 0 investor.

Where does Novosol rank among its competitors?

Novosol ranks 14th amongst 613 active competitors, of which 27 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Sett, which secured $30M in Mar, 2026.

Who are the top competitors of Novosol?

Novosol's top competitors include Termii, Bird and Superchat. Among them, Sett secured the most recent funding round in March, 2026.

Novosol - 2026 Company Profile, Team, Funding & Competitors

Company Details

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.

Website: www.novosol.biz/
Social
Email ID: *****@novosol.biz
Registered Address: MARINE PARADE ROAD, Singapore, 449269

Key Metrics

Founded Year

2008

Location

Singapore, Singapore

Stage

Series B

Total Funding

$7M in 2 rounds

Latest Funding Round

Series B, Feb 22, 2024, $*****

Investors

Minhaz Lokhandwala & 2 more

Ranked

14^th among 613 active competitors

Employee Count

50 as on Aug 31, 2026

Similar Companies

Termii & 693 more

View Novosol's full profile

Novosol is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NOVOSOL PTE. LTD. UEN: 200706953H , Singapore, Active	Apr 24, 2007	-	-
NOVOSOL MOBILE MAGIC PRIVATE LIMITED CIN: U72900DL2011PTC218294 , India, Active	Apr 29, 2011	0 - ₹10 Cr (As on Mar 31, 2025)	-

Novosol has raised a total funding of $7M over 2 rounds. Its first funding round was on Feb 22, 2019. Novosol has 3 angel investors.

Here is the list of recent funding rounds of Novosol:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 22, 2024	2008288	Series B	5833377	7479587	1780152	1547238
Feb 22, 2019	3102935	Series A	7579794	4398241	Minhaz Lokhandwala	2578300

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View details of Novosol's funding rounds and investors

The founders of Novosol is Minhaz Lokhandwala. Minhaz Lokhandwala is the CEO of Novosol.

Here are the details of Novosol's key team members:

Minhaz Lokhandwala: Founder & CEO of Novosol. They serve on the board of 1 company.
Contact Info: 1 email address

Novosol's Board of Directors

Novosol's board has 3 active members. Minhaz Lokhandwala and Joanna Lokhandwala are part of team and Jagdish Chanrai is independent board member.

Here is the list of Novosol's board of directors:

Name	Type	Representing	Status	Duration
Minhaz Lokhandwala	Team	-	Current	19y 4m
mzglcuk	Team	-	Current	2y 9m
Jagdish Chanrai	Independent board member	-	Current	16y 0m

View details of Novosol's Founder profiles and Board Members

Novosol's employee count trend

Novosol has 50 employees as of Aug 26. Here is Novosol's employee count trend over the years:

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Top competitors of Novosol include Termii, Bird and Superchat. Here is the list of Top 10 competitors of Novosol, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Termii 2013, Lagos (Nigeria), Series A	Provider of cross-channel messaging and eSIM connectivity solutions	$5.18M	Ventures Platform, Microtraction & 32 others	67/100
2nd	Bird 2011, Amsterdam (Netherlands), Series C	Cloud based CRM software for businesses	$1B	Spark Capital, Accel & 15 others	63/100
3rd	Superchat 2020, Berlin (Germany), Series A	Platform offering messaging marketing software	$19M	Blossom Capital, 468 Capital & 3 others	58/100
4th	Aarki 2010, Mountain View (United States), Acquired	Provides a platform for both creative optimization and programmatic media buying	$10M	Walden Venture Capital, Scrum Ventures & 3 others	57/100
5th	Crisp Chat 2015, Paris (France), Funding Raised	Provider of a platform offering AI-powered customer support and engagement	-	FirstMark	54/100
6th	Sett 2022, Tel Aviv (Israel), Series B	Provider of AI-powered mobile game ad creative generation	$57M	Greenfield Partners, Bessemer Venture Partners ... & 4 others	51/100
7th	SMS-Magic 2008, Chicago (United States), Unfunded	Provider of conversational messaging solutions integrated with CRM platforms	-	-	49/100
8th	Kargo 2003, New York City (United States), Unfunded	Premium advertising solutions provider, driving results across mobile, CTV, and social	-	-	48/100
9th	Karix 2000, Mumbai (India), Acquired	Mobile marketing and customer engagement solutions for businesses	-	-	48/100
10th	Adludio 2012, London (United Kingdom), Series A	AI powered mobile ad creation and management platform	$20.5M	Mercia, DIP Capital & 25 others	48/100
14th	Novosol 2008, Singapore (Singapore), Series B	Mobile advertising platform for enterprise business and SMEs	$7M	-	42/100