SaaS-based integrated travel desk solution provider, Itilite Technologieshas raised $13 million in its Series B round led by Greenoaks Capital and Vy Capital.This funding round witnessed the participation of Matrix Partners India along with other existing investors.

Brought into existence in the year 2017 byMayank Kukreja, an IIT-Delhi and IIM-Ahmedabad alumnus, and IIT-Kharagpur and IIM-Lucknow graduate Anish Khadiya, the business travel startup said it will utilize the funds for international expansion and product innovation.

Considering the situation, he comments, Mayank Kukreja, Chief Executive Officer at Itilite Technologies, “Around the world, digital transformation of business travel is well underway, and we are well positioned to help them to modernize their processes using technology.”

The company, which manages end-to-end business travel process, claims it helps save up to 30% in travel budget through a 90-second booking experience.

As per the understanding of Gourav Bhattacharya, Director at Matrix India, optimizing travel for cost and experience is a priority for every business on the planet.

“The growth Itilite has achieved by delivering this in such a short time is impressive,” he said.
The startup claims to have over 200 mid and large enterprise customers across India, the US and Southeast Asia.

Its clientele includes Jockey, RPG Group, Toshiba JSW, Ola, Swiggy and Capillary Technologies, among others.