- The funding round was led by Greenoaks Capital and Vy Capital
- In January 2019 company had raised ₹30 crore
ITILITE, a digital travel management platform, has raised $13 million in its Series B investment round. The funding round was led by Greenoaks Capital and Vy Capital. Matrix Partners India and other existing investors also participated in the round. The company was founded by Mayank Kukreja and Anish Khadiya in 2017.
Earlier, in January 2019, it had raised ₹30 crore from Matrix Partners India and others.
The company will utilize these funds to increase ITILITE’s international presence and product innovation.
Mayank, the CEO of ITILITE, said,
“Around the world, digital transformation of business travel is well underway, and we are well positioned to help them to modernise their processes using technology. Consistently delivering a great experience to travellers and seamless process efficiency to companies has helped us become the business travel platform of choice.”
ITILITE’s convenient, unified booking system lets organizations plan & book their trips within 90 seconds through personalized recommendations and incentives to make smarter choices. The superior control and analytics that the platform delivers ensure smarter workflows, policy compliance, and real-time insights leading to mobilization of a workforce of 150,000+ employees and a 28% reduction in annual travel spend.