SpotDraft
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
SpotDraft - overview
Established
2017
Location
Bangalore, Karnataka, India
Primary Industry
Software
About
Draftspotting Technologies Private Limited, based in India, specializes in advanced contract management solutions, optimizing and centralizing the contracting process for businesses through innovative technology. Draftspotting Technologies Private Limited, founded in 2017 in Bangalore, India, provides a platform that enhances contract management for various industries. The company was co-founded by Madhav Bhagat, Riddhi Kanoi, Rohith Salim, and Shashank Bijapur, with Shashank Bijapur currently serving as CEO. In January 2026, SpotDraft raised USD 8 million in series B funding from Qualcomm Ventures.
SpotDraft offers a comprehensive contract management solution designed to streamline the entire contracting process for businesses of all sizes. The core product integrates features such as intelligent contract data management, negotiation intelligence, and secure e-signatures, enabling companies to effectively manage their contracts from creation to execution in a centralized repository. SpotDraft's smart data capture automatically extracts critical metadata and advanced details from contracts, facilitating efficient searches and retrievals. The platform serves diverse industries, including SaaS, EdTech, FinTech, HR Tech, and HealthTech, targeting legal teams, sales departments, procurement officers, and human resources.
In the most recent fiscal year of 2023, Draftspotting Technologies reported revenue of INR 2,327,566. 10 and an EBITDA of INR -8,269,156. 20, reflecting its ongoing investment in growth and product development. The company will use the January 2026 funding to strengthen its product and AI capabilities and expand its enterprise presence across key global markets.
Current Investors
500 Global, Citrus Payment Solutions Private Limited, Spiral Ventures
Primary Industry
Software
Sub Industries
Legal Software
Website
www.spotdraft.com
Verticals
Artificial Intelligence, Artificial Intelligence, Cloud Computing, RegTech
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.