Here’s how Indian SaaS is redefining global event experiences – Spalba’s journey from bootstrapped startup to ₹100 crore revenue target showcases the power of tech-first innovation meeting traditional industries!
What is the news?
- Spalba, a SaaS-enabled B2B venue marketplace, is targeting ₹100 crore turnover by FY26 after closing FY25 with ₹60 crore in consolidated revenue – a nearly 3000% YoY growth for the five-year-old bootstrapped company.
- Founded in 2020 and based in Gurugram, Spalba serves over 250 marquee properties including The Leela, Radisson Hotel Group, Accor, and The Oberoi, offering AR-powered virtual tours, AI-driven sales tools, and digital event planning solutions.
Why is it interesting?
- This is classic Indian innovation at scale – taking a traditionally offline, broker-dependent industry (India’s ₹200 billion events market) and digitizing it with AR, AI, and SaaS infrastructure. Spalba’s expansion across 6 Asian markets (Malaysia, Vietnam, Sri Lanka, Myanmar, Bhutan, Nepal) demonstrates how Indian tech solutions can address similar pain points across emerging economies.
- The bootstrapped profitability story combined with ambitious expansion plans (11,000 to 13,000 venues, 80+ Indian cities) shows how Indian startups are building sustainable, capital-efficient businesses that can compete globally without burning cash.
Read more: Bootstrapped startup Spalba says it is aiming for Rs 100 crore revenue by FY26