About Itilite
Itilite is a Technology company based in Bengaluru (India) founded in 2017 by Mayank Kukreja and Anish Khadiya. Travel and expense management is facilitated via a SaaS platform. It operates in the Technology and Travel & Hospitality sectors. Itilite has raised $47.2 million across 4 funding rounds from investors including Tenacity Ventures, Tiger Global and Dharana. The company has 137 employees. Itilite was last valued at $154.84 million in April 2022. Its chief executive, as recorded, is Mayank Kukreja. Its website itilite.com draws about 52 thousand monthly visits. Its Indian entity Itilite Technologies Private Limited reported revenue of ₹17.74 Cr. Itilite offers products and services including Business Travel Management, Expense Management, and Corporate Card. Its focus areas include Consumer, Online Travel, Corporate Travel and Expense Management.
Company details
ITILITE was founded in 2017 and is headquartered in Bengaluru, India. A SaaS platform is operated to handle travel and expense management within the business software sector. Services include expense tracking, travel planning, booking oversight, and integrated reservations for flights, hotels, and car rentals. Spending is monitored through the platform to support corporate operations across various locations.
- Headquarters Bengaluru, India
- Employees 137
- Founders Mayank Kukreja, Anish Khadiya
- Stage Minicorn
- SectorsTechnologyTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website itilite.com
- Social LinkedIn X Facebook
- Legal Name Itilite Technologies Private Limited
- Date of Incorporation 02 Feb, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹17.74 Cr
FY 2026 · +36% YoY
- Net Loss-₹27.45 Cr
FY 2026 · -149% margin
- EBITDA-₹27.41 Cr
FY 2026 · -149% margin
- Total Equity Funding$47.2M (USD)
in 4 rounds
- Latest Funding Round$29M (USD), Series C
Apr 2022
- InvestorsTenacity Ventures
& 17 more
- Employee Count137
Associated legal entities of Itilite
Itilite operates through Itilite Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Itilite Technologies Private Limited CIN U72502KA2017PTC099586 | Active | 02 Feb 2017 | Bangalore, Karnataka | ₹17.7 Cr | 216 | 2 | View details |
Products & Services of Itilite
Itilite offers a comprehensive portfolio of products and services, including Business Travel Management, Expense Management, and Corporate Card.
Software for booking flights, hotels, and monitoring corporate travel spends.
System to streamline expense reimbursements and enforce policy controls.
Card offering cash back and simplified travel expense payments.
Apps and channels of Itilite
Itilite publishes 2 mobile apps with over 10K+ downloads.
Funding Insights of Itilite
Itilite has successfully raised a total of $47.2M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $29 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $47.2M
- Total Rounds 4
- Last Round Series C — $29M
- First Round $628,623
(Mar 2017)
- Investors Count 18
All 4 funding rounds of Itilite with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $29M | Series C | $154.84M | Tiger Global Management, Dharana | |
| Apr 2020 | $13M | Series B | $60.2M | Vy Capital, Greenoaks | |
| Oct 2018 | $4.58M | Series A | $••••• | V1.VC, Vy Capital | |
| Mar 2017 | $628,623 | Seed | $••••• | V1.VC, Z47 |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $154.84M | •••••••• |
| Apr 2020 | $60.2M | •••••••• |
| Oct 2018 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
Full valuation and stage history of Itilite
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $154.84M (Apr 2022). 18 investors in total: 8 institutional and 10 angel.
Investors in Itilite
Itilite has secured backing from 18 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tenacity Ventures, Tiger Global and Dharana.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital investments are provided to startup founders by Dharana. | dharana.com | Dubai, United Arab Emirates | ||
Technology investment firm focusing on early-growth stages and software businesses in India. | 2021 | tenacity.vc | Mumbai, India | |
Venture capital investment firm | z47.com | Bengaluru, India | ||
Investment services are provided for maximizing gains over time. | vycapital.com | Menlo Park, United States | ||
Tech-enabled businesses are funded by Greenoaks venture capital firm. | greenoaks.com | San Francisco, United States | ||
Seed & early stage tech-focused micro-VC firm investing primarily in the US | v1.vc | Boulder, United States | ||
Limited information is provided about Greenoaks' activities. | greenoakscap.com | |||
AG Ashish Gupta | Angel investor, tech veteran, ex-Helion Ventures, active in Indian startup ecosystem | unknown_97ee975b78e746dca | ||
NG Nita Goyal | Angel investor, co-founder of Zerodha, focuses on fintech and tech startups | unknown_3319eac6bcc54151a |
Investor details for Itilite
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Itilite Technologies Private Limited (Itilite)
Itilite Technologies Private Limited is the primary company behind Itilite. The board of Itilite Technologies Private Limited currently have 2 directors; the longest-serving is Mayank Kukreja, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mayank Kukreja DIN 07704538 | Director | 02 Feb 2017 | 9 yrs 9 mo | Itilite Technologies Private Limited |
| Anish Khadiya DIN 07704500 | Director | 02 Feb 2017 | 9 yrs 9 mo | Itilite Technologies Private Limited |
People of Itilite
11 people are tracked at Itilite (6 in leadership, 5 in team); the tracked headcount is 137.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & Chief Business Officer | Leadership | |
Mrinal Ganapathy | Associate Director, Founder's Team | Leadership |
Vanshika Jain | VP Of Finance | Leadership |
Hitesh Awtaney | Director, Partnerships & Demand Generation | Leadership |
Rahul Golecha | Chief Product & Technology Officer | Leadership |
Eshan Vijayant | Senior Business Finance Manager | Team |
Zaffar Iqubal | Senior Sales Manager - Enterprise Business | Team |
Priyanka Kamath | Content Writer | Team |
Japneet Kaur | Associate Finance Analyst | Team |
Satya Seeram | Accounts Receivable Executive | Team |
Complete people profiles for Itilite
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Itilite
Figures of Itilite Technologies Private Limited, the primary company behind Itilite, for FY 2026. Revenue was ₹17.74 Cr (+36% year on year). Net loss was -₹27.45 Cr (-149% margin). EBITDA was -₹27.41 Cr (-149% margin). Revenue has grown at a compounded annual rate of +6% over three years and 0% over five years.
- ₹17.74 CrRevenue · FY 2026 · +36% YoY
- -₹27.45 CrNet loss · -149% margin
- -₹27.41 CrEBITDA · -149% margin
- ₹59.6 LakhPaid-up capital
- 216Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Itilite Technologies Private Limited are on its company page.
Detailed financial statements for Itilite
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Itilite
4 dated milestones of Itilite across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Itilite is founded.
- Funding First funding round of $629K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $29.0M.
Web traffic of Itilite
The website of Itilite (itilite.com) receives about 52K visits a month.
- Monthly visits52K
▲ 13.9% vs previous month
Websites whose visitors overlap most with Itilite. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| routematic.com | 100% | 93.9K | #353,138 | View details | |
| moveinsync.com | 96% | 369.6K | #99,969 | View details | |
| branchapp.com | 93% | 233.7K | #138,438 | View details | |
| volopay.com | 93% | 120.7K | #338,119 | View details | |
| enkash.com | 93% | 67.3K | #469,416 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 35 similar websites and full traffic analytics for Itilite
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- 35 similar websites
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Verified entity values are shown only after access is granted.
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Related news about Itilite
Complete news archive for Itilite
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Frequently Asked Questions about Itilite
Itilite was founded in 2017.
Itilite is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mayank Kukreja is the CEO of Itilite, as recorded in our data. They have also founded this company.
Itilite is a funded company, having raised a total of $47.2M across 4 funding rounds to date. The company's 1st funding round was a Seed of $628.62K, raised on Mar 2017.
Itilite has 137 employees.
The primary company behind Itilite, Itilite Technologies Private Limited, reported revenue of ₹17.74 Cr for FY 2026, up 36% year on year.
ITILITE was founded in 2017 and is headquartered in Bengaluru, India. A SaaS platform is operated to handle travel and expense management within the business software sector. Services include expense tracking, travel planning, booking oversight, and integrated reservations for flights, hotels, and car rentals. Spending is monitored through the platform to support corporate operations across various locations.
Itilite offers Business Travel Management, Expense Management, and Corporate Card.
Itilite has 18 investors. Key investors include Tenacity Ventures, Tiger Global, Dharana, Z47, and Vy Capital.
The valuation of Itilite is $154.84M as of Apr 2022.
Itilite operates through Itilite Technologies Private Limited.
The legal entities of Itilite currently have 2 directors, including Mayank Kukreja, Anish Khadiya.