25 October 2017, India:
Gurgaon-based legal-tech startup SpotDraft has raised $550,000 in the latest round of funding led by VC firm Hunch Ventures. The round also saw participation from Japan-based Spiral Ventures, 500 Startups, Singapore Angel Network and Citrus Payments founder Satyen Kothari.
Founded in 2017 by Shashank Bijapur and Madhav Bhagat, SpotDraft plans to utilize the fresh funding to scale the business and market the product, according to an official statement.
“Moving forward, SpotDraft will provide users a complete end-to-end contract management solution at the press of a button. For now, the focus is on the freelance market, however, the target base will soon grow to include small and medium-sized business,” Bijapur said. (Source and Image- Inc42)