Madrona Venture Group

ATPI CEO Ian Sinderson

What Is ATPI, Direct Travel’s Multinational Partner And Possible Takeover Target?

Transnational corporations want scale in their travel management providers, and it takes a lot to build that. Tech developers seek the same in their channel partners. After Spotnana’s ambitious owners bought Direct Travel, shoring up the global component makes perfect sense. There’s even a ready-made target in ATPI, formerly known as Advanced Travel Partners.  While…

Spotnana's Sarosh Waghmar and Shikhar Agarwal

After Spotnana Co-Founder Splits, It’s Like He Never Existed

How would the world be different had you never lived? Countless movies and books explore this theme, but a travel tech startup? Spotnana has surreally erased co-founder and former CTO Shikhar Agarwal from its blog and, aside from a short statement sent in response to a query, its corporate history. Reached Tuesday, Agarwal said he…

Taking ‘Short-Term’ CEO Role At Spotnana, Singh Expects More Focus (Audio)
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Taking ‘Short-Term’ CEO Role At Spotnana, Singh Expects More Focus (Audio)

Spotnana’s founding CEO, Sarosh Waghmar, announced Monday that he would step into the chief product officer role and share the chairmanship with executive chair Steve Singh, whom the company named CEO.  It’s a “short-term” assignment, Singh said Tuesday during a live interview on LinkedIn in which he also discussed his “perfect trip” vision, AI and…

Travel Management Companies Rethink Spotnana Following Direct Travel Buy
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Travel Management Companies Rethink Spotnana Following Direct Travel Buy

Direct Travel’s acquisition by investors led by Steve Singh is a bold move that comes with risks. Spotnana, in particular, already faced sticking points on the economics of collaboration with travel management companies. One of the largest TMCs familiar with those issues has called the Direct Travel buy a game changer. “They have moved, from…

Travel management company consolidation
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Travel Management Company Consolidation Looms

In a Jan. 29 Business Travel News column, SAP Concur Travel president Charlie Sultan  predicted that distribution changes would “disrupt” travel management company revenue streams and combine with tech investment pressures to prompt “further TMC consolidation.” He didn’t cover Concur’s role. Parent SAP considered buying CWT but decided against it last week, according to sources…

Sarosh Waghmar
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What Makes Spotnana Different, According To Its Plan

New York – Spotnana officials have been calling it the AWS of travel, but the reference only gets you so far outside tech and investment circles. Concepts like open stack and microservices help a little. In corporate travel, though, people want to know whether you are attempting to be a GDS, an OBT, a TMC…

Steve Singh, Thorsen And Other Notables To Unveil Corporate Travel Startup This Week

Steve Singh, Thorsen And Other Notables To Unveil Corporate Travel Startup This Week

Steve Singh of Concur fame is back in corporate travel as chair of a Bay Area startup called Spotnana, which is due to reveal itself this week. Also involved are entrepreneur and travel risk management veteran Johnny Thorsen, travel management company disruptor Sarosh Waghmar and former SAP Concur sales executive Bill Tillman. In response to…

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