{"id":43105,"date":"2025-09-01T17:58:56","date_gmt":"2025-09-01T12:28:56","guid":{"rendered":"https:\/\/livemumbai.in\/index.php\/2025\/09\/01\/hunch-ventures-completes-successful-exit-from-spotdraft-following-spotdrafts-series-b-fundraise\/"},"modified":"2025-09-01T17:58:56","modified_gmt":"2025-09-01T12:28:56","slug":"hunch-ventures-completes-successful-exit-from-spotdraft-following-spotdrafts-series-b-fundraise","status":"publish","type":"post","link":"https:\/\/livemumbai.in\/index.php\/2025\/09\/01\/hunch-ventures-completes-successful-exit-from-spotdraft-following-spotdrafts-series-b-fundraise\/","title":{"rendered":"Hunch Ventures Completes Successful Exit from SpotDraft, Following SpotDraft\u2019s Series B Fundraise"},"content":{"rendered":"
\n

New Delhi [India], September 1:<\/b> Hunch Ventures, a multi-stage, sector-agnostic investment firm,\u00a0 has announced its successful exit from SpotDraft, an AI-powered contract lifecycle management\u00a0 platform. This move follows SpotDraft\u2019s Series B fundraise that happened earlier this year,\u00a0 marking a significant return on Hunch Ventures\u2019 early-stage investment.\u00a0\u00a0<\/span><\/p>\n

Hunch Ventures is among SpotDraft\u2019s seed investors from 2017.SpotDraft\u2019s latest $54 million\u00a0 Series B funding round, following a $26 million Series A, reflects an impressive ROI on Hunch\u00a0 Ventures\u2019 investment. This exit underscores the firm\u2019s ability to identify and nurture high-growth\u00a0 ventures with transformative potential, and how long-term partnerships with bold founders can\u00a0 create market-leading, future-focused businesses.\u00a0<\/span><\/p>\n

The investment firm has also supported SpotDraft through <\/span>Hunch Circle<\/span><\/a>, its dedicated innovation hub and co-working space for startups. Dedicated to empowering visionary entrepreneurs, Hunch Ventures invests in passionate founders who tackle critical industry challenges. Hunch Ventures champions collaboration and long-term partnerships, supporting founders to achieve sustainable growth and lasting impact in their respective industries.\u00a0<\/span><\/p>\n

Founded in 2017, SpotDraft has emerged as a global leader in Contract Lifecycle Management\u00a0 (CLM), offering AI-powered solutions tailored for in-house legal teams. SpotDraft\u2019s impact is widely recognised, with the company being featured in Fast Company\u2019s Most Innovative\u00a0 Companies 2024 and Forbes Asia\u2019s 100 to Watch 2024. Today, over 400 organisations worldwide rely on SpotDraft\u2019s technology for contract management, including Panasonic, Apollo.io, Oyster, Mixpanel, and Postscript.\u00a0\u00a0<\/span><\/p>\n

\"Hunch<\/p>\n

Karanpal Singh, Founder of Hunch Ventures, commented on the exit: \u201d It\u2019s been a pleasure to have been part of the Spotdraft journey. We wish them the best in their future endeavours. They\u00a0 now have a very accomplished and experienced set of investors that will surely add immense\u00a0 value to the business.\u00a0\u00a0<\/span><\/p>\n

He further added, \u201cWe continue to actively seek good entrepreneurs to partner with.\u201d\u00a0\u00a0<\/b><\/p>\n

Shashank Bijapur, Co-Founder & CEO, SpotDraft, commented, \u201cHunch Ventures was one of SpotDraft\u2019s earliest investors and strongest supporters. Their belief in our vision has been invaluable, and we\u2019re grateful for the role they\u2019ve played in our journey. As they continue to identify and back market disruptors, I wish Karanpal Singh and the entire team the very best. As\u00a0 SpotDraft expands into new markets and accelerates growth, we will continue to carry forward\u00a0 the insights and mentorship we gained from Hunch during our early years.\u201d\u00a0<\/span><\/p>\n

Hunch has been backing founders in various industries from Air Mobility, Fine Arts, Sustainable\u00a0 Food Supply Chains & Food Security, Ports & Logistics, Healthtech, F&B, Lifestyle Media, and\u00a0 several B2B SaaS platforms. It has investments in India, Canada, the US, Tanzania, Singapore, the UAE, and the United Kingdom.\u00a0\u00a0<\/span><\/p>\n

About Hunch Ventures<\/b><\/p>\n

Hunch Ventures is a multi-stage, sector-agnostic investment firm committed to empowering entrepreneurs with patient, long-term capital and strategic guidance. With a diverse portfolio\u00a0 spanning lifestyle media, fine arts, hospitality, sustainable food supply chains, ports and logistics,\u00a0 healthtech, air mobility, and B2B SaaS platforms, Hunch Ventures drives innovation across critical\u00a0 industries. Operating globally with investments in India, Canada, the US, Tanzania, Singapore, the UAE, and the United Kingdom, the firm focuses on creating impactful solutions that address pressing needs. Notable investments include Fly BLADE, MyHealthcare, Rambha Palace, and\u00a0 Mercantile Ports & Logistics. Led by Karanpal Singh, Hunch Ventures champions collaboration\u00a0 and long-term partnerships, supporting founders to achieve sustainable growth while shaping the\u00a0 future of business and lifestyles. For more information, visit https:\/\/www.hunchventures.com\/<\/a>.\u00a0\u00a0<\/span><\/p>\n

About SpotDraft<\/b><\/p>\n

SpotDraft is an AI-driven contract lifecycle management platform built for in-house legal teams.\u00a0 The company is supported by Vertex Growth, Trident Growth Partners, and other investors including Xeed Ventures (formerly 021 Capital), Arkam Ventures, Prosus Ventures, Riverwalk\u00a0 Holdings and esteemed angel investors like Girish Mathrubootham and Satyen Kothari.\u00a0 SpotDraft is headquartered in Bengaluru, India, with an office in New York, USA. For more information, visit www.spotdraft.com.\u00a0<\/span><\/p>\n

For Media Enquiry\u00a0<\/span><\/p>\n

Mallika Ahluwalia\u00a0<\/span><\/p>\n

+91 8777740528<\/span><\/p>\n

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New Delhi [India], September 1: Hunch Ventures, a multi-stage, sector-agnostic investment firm,\u00a0 has announced its successful exit from SpotDraft, an AI-powered contract lifecycle management\u00a0 platform. […]<\/p>\n","protected":false},"author":1,"featured_media":43106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[623],"class_list":["post-43105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/43105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/comments?post=43105"}],"version-history":[{"count":0,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/43105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media\/43106"}],"wp:attachment":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media?parent=43105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/categories?post=43105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/tags?post=43105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}