Other Deals
Travel tech platform Spotnana raises $75-M from Durable Capital, others
US-headquartered Spotnana, a cloud-based travel technology platform, has raised USD 75 million in a Series B funding round led by Durable Capital Partners LP, with participation from existing investors Madrona Venture Group, Blank Ventures, ICONIQ Growth, and Mubadala Capital. The Series B funding will help the company in hiring and for promoting its Travel-as-a-Service Platform, which provides cloud-based technology to corporations, travel management companies, suppliers, and technology providers. The TaaS platform includes consumer-grade online booking tools, booking engine, mid-office replacement, records for booking travel, and data integrations for travel inventory. This technology stack is aimed at lowering operating costs, and improving travel experiences. Spotnana has raised over USD 100 million in two years, and its employee base has more than doubled in the past year to over 200 people, with most working out of offices in Bengaluru, Pune, and Mumbai.
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