Corporate travel tech firm Spotnana to fast-track hiring with $75M funding
Corporate travel technology startup Spotnana has secured $75 million in its Series B round of funding. The company will use the money to fast-track hiring and drive more rapid adoption of its travel-as-a-service platform. Cloud-based travel technology provider Spotnana has announced that it has secured $75 million in a new funding round. Durable Capital Partners LP led the Series B round. The platform, which Sarosh Waghmar and Shikhar Agarwal founded, has raised more than $100 million in only two years, more than tripling its staff to over 200 individuals, the bulk of whom are based in Bengaluru, Pune, and Mumbai. CEO Waghmar stated, "Large hurdles stand between suppliers and customers because of the infrastructure that has been in place for years. We offer an open platform so that the whole travel industry may collaborate to offer unmatched travel experiences." Existing investors Madrona Venture Group, Blank Ventures, ICONIQ Growth, and Mubadala Capital took p...