About Itilite
Itilite is a company based in Bengaluru (India) founded in 2017 by Mayank Kukreja and Anish Khadiya. Itilite has raised $47.2 million across 4 funding rounds from investors including Tenacity Ventures, Tiger Global and Dharana. The company has 216 employees as of March 23, 2024. Itilite offers products and services including Business Travel Management, Expense Management, and Corporate Card. Itilite operates in a competitive market with competitors including Brex, Ramp, Navan, Airbase and Emburse, among others.
- Headquarter Bengaluru, India
- Employees 216 as on 23 Mar, 2024
- Founders Mayank Kukreja, Anish Khadiya
- Stage Minicorn
-
Sectors
TechnologyTravel & Hospitality
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Itilite Technologies Private Limited
- Date of Incorporation 02 Feb, 2017
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$3.03 M (USD)125.09as on Mar 31, 2023
-
Net Profit
-$7.09 M (USD)-63.24as on Mar 31, 2023
-
EBITDA
-$8.4 M (USD)-81.17as on Mar 31, 2023
-
Total Equity Funding
$47.2 M (USD)
in 4 rounds
-
Latest Funding Round
$29 M (USD), Series C
Apr 13, 2022
-
Investors
Tenacity Ventures
& 17 more
-
Employee Count
216
as on Mar 23, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
People of Itilite
Unlock access to complete
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.
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.
|
Locked | Locked | Locked | |
|
Venture capital investments are provided to startup founders by Dharana.
|
Locked | Locked | Locked | |
|
Technology investment firm focusing on early-growth stages and software businesses in India.
|
Locked | Locked | Locked |
Investor details for Itilite
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Itilite
Investment portfolio details for Itilite
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Itilite
Detailed financials for Itilite
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Itilite Comparisons
Peer comparison for Itilite
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Itilite
Itilite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brex, Ramp, Navan, Airbase and Emburse, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
SaaS-driven credit card and spend management solutions platform for businesses
|
|
| Locked | Locked | Locked |
Spend management and accounts payable solutions are delivered to businesses.
|
|
| Locked | Locked | Locked |
Corporate travel and expense management are facilitated through SaaS platform.
|
|
| Locked | Locked | Locked |
Procure-to-pay management software is offered for business operations.
|
|
| Locked | Locked | Locked |
Corporate cards and expense management are offered to businesses.
|
|
| Locked | Locked | Locked |
SaaS expense management solutions for business travel are provided.
|
Detailed competitors of Itilite
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Itilite
Complete news archive for Itilite
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 current CEO of Itilite. They have also founded this company.
Itilite is a funded company, having raised a total of $47.2M across 4 funding rounds to date.
As of Mar 23, 2024, the latest employee count at Itilite is 216.
Annual revenue of Itilite is $3.03M as on Mar 31, 2023.
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.