Travel technology firm Spotnana raises $75 mn in Series B funding round

Spotnana, a cloud-based travel technology platform, has raised $75 million in a funding round led by Durable Capital Partners LP, with participation from existing investors Madrona Venture Group, Blank Ventures, ICONIQ Growth, and Mubadala Capital.

Spotnana said the Series B funding will help it in hiring and promoting its Travel-as-a-Service Platform, which provides cloud-based technology to corporations, travel management companies, suppliers, and technology providers. Spotnana has raised over $100 million in two years, and its employee base has more than doubled since 2021 to over 200 people.

Spotnana was founded by two Indian entrepreneurs: Sarosh Waghmar, the company’s CEO with more than