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By Nishang Narayan
Published on November 28, 2024
Spalba, the SaaS-based event-tech platform, is redefining venue management with its cutting-edge technology. Having onboarded over 200 properties across 50+ cities, including a foray into Nepal, Spalba aims to expand its portfolio to an ambitious 500 properties by FY25.
At the heart of Spalba's growth are its advanced tools like Digital Twin, Event Mockup Builder, and the AI-powered SwarVaani, which have collectively driven 15 million digital impressions and generated 150+ lead queries for events like MICE, corporate gatherings, and weddings.
Spalba’s clientele includes major hotel chains like Radisson, Oberoi, Leela, Accor, and Hyatt, which contribute 78% of the platform's growth, while 22% comes from independent properties and unique venues, such as ELIVAAS villas and farmhouses.
From just 5 properties a year ago to 115 properties, Spalba recorded an impressive 2300% growth. Currently, 33% of its properties are in Tier 2-3 cities, with the remaining 67% in metropolitan areas. By FY25, Spalba plans to onboard an additional 300 properties, solidifying its position as a leader in the venue management industry.
Spalba’s tech suite is transforming how venues are managed and marketed:
Founder Naveen Gupta shared, "Our vision is to transform the venue management ecosystem by adopting technology and demonstrating commitment to our partners. As we expand globally, we aim to set new standards in the industry by empowering venue owners and enhancing the event planning experience."
In just a short span, Spalba has demonstrated its ability to drive digital engagement, with 762,000 unique visitors exploring its offerings through Digital Twins, akin to in-person visits.
With its innovative solutions, Spalba is poised to set new benchmarks in technology-driven venue management globally, creating unparalleled value for clients and venue owners alike.
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