Spalba, a SaaS-enabled B2B venue marketplace based in Gurugram, is making headlines in India’s events industry. Founded in 2020, the company has set a bold goal to cross ₹100 crore in revenue by FY26. After closing FY25 with ₹60 crore in consolidated revenue, Spalba’s growth journey is nothing short of remarkable.
Record-Breaking Growth
In just five years, Spalba has achieved nearly 3000% year-on-year growth. The company has remained bootstrapped and profitable, proving the strength of its business model. Spalba’s lean approach and focus on product-led growth have helped it stand out in a market dominated by offline brokers and manual coordination.
Expanding Across Asia
Spalba is not stopping in India. The company has recently expanded into Malaysia, Vietnam, Sri Lanka, Myanmar, Bhutan, and Nepal. This move strengthens its presence in the ₹200 billion Indian events sector and positions it as a key player across emerging Asian markets.
Tech-Driven Event Planning
Spalba’s platform connects event planners with over 11,000 venues, with plans to increase this to 13,000 by the end of FY26. Property listings are set to more than double to 4,500, covering over 80 Indian cities. Leading hotel chains like The Leela, Radisson Hotel Group, Accor, and The Oberoi trust Spalba for immersive venue showcases and seamless digital bookings.
Innovation at the Core
Spalba’s success is powered by technology. The platform offers:
- AR-powered virtual property tours
- Event Mockup Builder for custom event layouts
- AI-driven sales tools and lead generation
These features help eliminate paperwork, reduce site visits, and speed up bookings. Hotels see higher conversion rates, and the digital process helps cut down on carbon emissions.
Lean and Profitable
Spalba’s ability to scale without external funding is rare in today’s startup world. The company relies on a lean team and efficient operations, which have fueled its rapid growth and profitability.
Looking Ahead
Co-founder Vishal Puri credits Spalba’s journey to constant innovation and a strong focus on customer success. The team believes digital-first event planning will soon become the norm for corporate, social, and destination events—not just in India, but across Asia.
Spalba’s story is a shining example of Indian entrepreneurship. As it targets ₹100 crore in revenue and expands across Asia, Spalba is transforming the way events are planned, making the process smarter, faster, and more sustainable.