What is Novosol?
Novosol is a Singapore-headquartered technology firm with established operations across Malaysia, India, and Indonesia. At the core of its offering is moLotus, a breakthrough service and platform built upon proprietary mgram technology. moLotus is engineered for global scalability, providing advanced reporting and tracking capabilities alongside a comprehensive toolset. The moLotus On-Line Campaign Console empowers advertisers to meticulously monitor and manage all facets of their campaigns, offering granular control and performance insights. This robust platform positions Novosol as a key player in the digital campaign management and analytics sector.
How much funding has Novosol raised?
Novosol has raised a total of $10M across 1 funding round:
Series B
$10M
Series B (2024): $10M, investors not publicly disclosed
What's next for Novosol?
The recent major strategic investment signifies a critical juncture for Novosol, likely indicating a transition towards scaling its operations and market penetration. This substantial capital injection, totaling $10M with the latest tranche at $10M, suggests strong investor confidence in Novosol's proprietary technology and its market potential. The company is poised to leverage this financing to enhance its platform capabilities, expand its geographical reach, and potentially explore new service verticals. Strategic partnerships and further technological innovation are anticipated as Novosol aims to solidify its position in the competitive enterprise software landscape.
See full Novosol company page