ITILITE Technologies Private

SoftwareSeries CBangalore, Indiaitilite.com

Latest round

Series C

Last raised

Apr 2022

Total raised

$43M

Investors

7

About ITILITE Technologies Private

Founded in 2017, ITILITE Technologies specializes in corporate travel management software that streamlines travel booking, expense management, and compliance. The company is headquartered in Bangalore, India. The founders include Anish Khadiya, Anshul Gadgil, Eshan Vijayant, Hitesh Awtaney, Mayank Kukreja, and Nikhil Kulkarni, with Mayank Kukreja serving as CEO.38 million.ITILITE offers a comprehensive corporate travel management software solution designed to streamline and enhance the travel experience for companies and their employees. The core product integrates travel booking, expense filing, spend monitoring, and reimbursement processes within a single, user-friendly platform. By leveraging modern technology, ITILITE aims to reduce travel expenditures by up to 30% while ensuring 100% compliance with internal policies through real-time expense audits and approval workflows. The software is tailored for businesses across various industries, serving a diverse client base that includes small to large enterprises in markets such as North America, Europe, and Asia.60.70. ITILITE generates revenue primarily through its subscription-based business model, where companies pay for access to its travel management software. The company plans to expand its product suite with new features aimed at improving user experience and travel compliance, with several updates slated for release in 2023. ITILITE also has ambitions to expand its services into new geographic markets, particularly focusing on the Asia-Pacific region within the next 12 months.

Who invested in ITILITE Technologies Private

7 investors across 4 rounds

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Funding rounds

  1. Series C

    Apr 20, 2022

    Amount

    $25M

    Investors

    Locked

  2. Series B

    Apr 17, 2020

    Amount

    $13M

    Investors

    Locked

  3. Series A

    Oct 26, 2018

    Amount

    $4.1M

    Investors

    Locked

  4. Seed

    Mar 31, 2017

    Amount

    $0.6M

    Investors

    Locked

Questions about ITILITE Technologies Private

Who invested in ITILITE Technologies Private?

ITILITE Technologies Private has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ITILITE Technologies Private raised?

ITILITE Technologies Private has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did ITILITE Technologies Private last raise money?

ITILITE Technologies Private's most recent round on record is a Series C, in Apr 2022.

What does ITILITE Technologies Private do?

Founded in 2017, ITILITE Technologies specializes in corporate travel management software that streamlines travel booking, expense management, and compliance.

Where is ITILITE Technologies Private headquartered?

ITILITE Technologies Private is headquartered in Bangalore, India.

Which VCs invest in companies like ITILITE Technologies Private?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at ITILITE Technologies Private's stage. Their profiles are linked below.

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