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: U72200HR2017PTC068652Active (per Tofler, updated 30 May 2026; Falconebiz also lists Active)Conflict: 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.Confidence: medium
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Partial / conflicting| Registered name | Draftspotting Technologies Private Limited |
|---|---|
| CIN | U72200HR2017PTC068652 |
| PAN | AAGCD1378M (Tofler; single source, not cross-confirmed — partial) |
| Status | Active (per Tofler, updated 30 May 2026; Falconebiz also lists Active) |
| Listing | Unlisted / Private (per Falconebiz) |
| Incorporated | 19 April 2017 (Tofler, Falconebiz — both agree) |
| ROC | Conflict: 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. |
| Sector (NIC) | Computer Related Services — Computer programming, consultancy and related activities (Tofler) |
| Registered address | 944, Block-C, Sushant Lok Phase-1, Gurgaon/Gurugram, Haryana, India, 122001 (Tofler and Falconebiz agree) |
| Authorized capital | Conflict: Tofler ₹2.1 Cr vs Falconebiz ₹2.28 Cr — close but not identical, unresolved minor conflict |
| Paid-up capital | Conflict: Tofler ₹1.9 Cr vs Falconebiz ₹1.86 Cr — close but not identical, unresolved minor conflict |
Business Overview
Confirmed- 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
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Shashank Umakant Bijapur | 07702463 | Director & | - |
| Shareholder), Madhav Bhagat | 01649614 | - | - |
| Shareholder), Balaji Srinivasa | 07169578 | Nominee Director), Sailesh Tulshan (DIN 07309300, Director), James Tze Wei Lee (DIN 08682099, Nominee Director). Falconebiz additionally lists two more current nominee directors without DINs disclosed: Atul Gupta (since 2 May 2025) and Akshay Ullal Kini (since 31 Oct 2024 | - |
Financials
Partial / conflicting- Source conflict / partial only — no confirmed audited figures obtained
- Falconebiz: 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
Partial / conflicting- Confirmed (Falconebiz, single source but specific): 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
Partial / conflicting- Named CLM-space peers (rough scale tags, general knowledge — not independently source-verified this session): 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)
- Scale tags are approximate and should be re-verified before publishing
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).
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.
