Company Intelligence Profile

Draftspotting Technologies Private Limited

SpotDraft (legal entity: Draftspotting Technologies Pvt Ltd) is an AI-native Contract Lifecycle Management (CLM) SaaS platform serving 450+ companies.

CIN: U72200HR2017PTC068652ActiveConflict: Tofler lists RoC-Haryana; Falconebiz lists RoC-Delhi. CIN state code "HR" supports RoC-Haryana as the more likely correct value — flagged as unresolved conflict, not confirmed.

Last updated 11 August 2026

AI OverviewGenerated from public records

SpotDraft, under Draftspotting Technologies Pvt Ltd, is an AI-native Contract Lifecycle Management (CLM) SaaS platform that serves over 450 companies. In FY2025, the company reported a revenue of ₹121.39 Cr, reflecting a 92% year-over-year increase. It is recognized as a DPIIT startup, a G2 Leader, and was included in Fast Company's Most Innovative Companies 2024.

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

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Company Identity

Registered nameDraftspotting Technologies Private Limited
CINU72200HR2017PTC068652
PANAAGCD1378M
StatusActive
ListingUnlisted / Private
Incorporated19 April 2017
ROCConflict: Tofler lists RoC-Haryana
Sector (NIC)Computer Related Services — Computer programming, consultancy and related activities
Registered address944, Block-C, Sushant Lok Phase-1, Gurgaon/Gurugram, Haryana, India, 122001
Authorized capitalConflict: Tofler ₹2.1 Cr vs Falconebiz ₹2.28 Cr — close but not identical, unresolved minor conflict
Paid-up capitalConflict: Tofler ₹1.9 Cr vs Falconebiz ₹1.86 Cr — close but not identical, unresolved minor conflict

Business Overview

  • SpotDraft (legal entity: Draftspotting Technologies Pvt Ltd) is an AI-native Contract Lifecycle Management (CLM) SaaS platform serving 450+ companies
  • Product covers contract drafting/workflow automation, collaborative negotiation/redlining, centralized contract repository, analytics, built-in eSignature (ESIGN/EIDAS/GDPR compliant), and AI-based contract data extraction/risk identification
  • Recognized as a DPIIT startup
  • G2 Leader; named to Fast Company's Most Innovative Companies 2024 and Forbes' 100 To Watch 2025
  • Source: official site spotdraft.com, Falconebiz

Directors

NameDINRoleAppointed
Shashank Umakant Bijapur07702463Director-
Shareholder), Madhav Bhagat01649614--
Shareholder), Balaji Srinivasa07169578Nominee Director2 May 2025

Financials

  • FY2025 (year ended 31 Mar 2025) revenue ₹121.39 Cr, up 92% YoY (standalone implied)
  • EBITDA and PAT locked behind paywall
  • Tofler: FY2023-24 revenue described only as a broad estimated range "₹1-100 Cr" / "₹50-75 Cr" with +16.05% YoY change, book net worth said to have decreased 45.55% that year then a separate note of net worth +489.26% YoY for FY25 — figures are vague/estimated ranges, not exact confirmed rupee values, and conflict with Falconebiz's revenue figure
  • Net profit margin indicated negative (~-22.3%) per Tofler
  • Total borrowings not obtained (see Charges: HSBC ₹2 Cr open charge, 19 Sep 2025)
  • Standalone vs consolidated basis not clearly stated by either source
  • Treat all financial figures as partial/unconfirmed

Charges & Loans

  • One open charge of ₹2 Cr with The Hongkong and Shanghai Banking Corporation Limited (HSBC), registered 19 Sep 2025, status Open
  • Satisfied charges: ₹0
  • Not cross-confirmed by a second source — treat as partial

Competitors

Icertis
large/enterprise-scale, global leader
DocuSign CLM
large, global
ContractPodAi
mid-large, global
Ironclad
mid-large, US-based
Zycus
mid-large, India-origin procurement+CLM
LegalOps/Leegality and Legistify
smaller, India-focused contract/legal-ops tools

Frequently Asked Questions

What does Draftspotting Technologies Private Limited do?
SpotDraft (legal entity: Draftspotting Technologies Pvt Ltd) is an AI-native Contract Lifecycle Management (CLM) SaaS platform serving 450+ companies.
What is the CIN of Draftspotting Technologies Private Limited?
The Corporate Identification Number (CIN) of Draftspotting Technologies Private Limited is U72200HR2017PTC068652.
Where is Draftspotting Technologies Private Limited registered?
Draftspotting Technologies Private Limited is registered with Conflict: Tofler lists RoC-Haryana; Falconebiz lists RoC-Delhi. Registered address: 944, Block-C, Sushant Lok Phase-1, Gurgaon/Gurugram, Haryana, India, 122001 (Tofler and Falconebiz agree)
When was Draftspotting Technologies Private Limited incorporated?
Draftspotting Technologies Private Limited was incorporated on 19 April 2017 (Tofler, Falconebiz — both agree).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.