ITILITE

ITILITE is a digital travel management platform that helps businesses move better, faster, cheaper.

ITilite is on a mission to simplify travel & expenses for organizations across the globe so they can move people and businesses forward easily while leaving all operational concerns behind.

ITILITE was founded in 2017 by Mayank Kukreja and Anish Khadiya. The company is headquartered in Bangalore, Karnataka, India.

 

ITILITE provides an artificial intelligence-powered platform that offers a 90-second booking experience and enables companies to reward employees for choosing cost-saving options for hotels, flights, etc. 

 

Itilite can auto-create expense reports based on travel data and nudge employees to file them. The product also incentivizes employees to make “cost conscious” choices when they travel by providing small rewards in exchange.

 

Itilite also features built-in fraud prevention tools that leverage AI to spot submission errors. The company has over 300 customers, including Jockey, RPG Group, Toshiba JSW, Ola, Swiggy and Capillary Technologies, and Kukreja. 

 

Itilite is backed by Tiger Global, Matrix Partners, Greenoaks Capital, Dharana Capital, Vy Capital, Tenacity Ventures, and others. The company raised $29M in a Series C round on Apr 13, 2022. This brings Itilite's total funding to $46.3M to date.

 

 

  • Year founded: 2017
  • Funding Info: $46.3M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
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