Monday, November 28, 2022

Itilite Raises 29 Million USD to Streamline Enterprise Expense Management Operations

By ET Bureau - April 18, 2022 1 mins read

Itilite, a Bengaluru, India-based provider of T&E software, announced the closing of a 29 million USD Series C investment headed by Tiger Global and existing investor Dharana Capital, with participation from Matrix Partners and Tenacity Ventures. 

The revenues, according to CEO Mayank Kukreja, would be used to “aggressively grow in North America through product innovation, sales and marketing, and relationship development.” 

The product’s purpose, according to Itlite, is to deliver a balance of consumer-grade experience with enterprise-grade control.

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ET Bureau

The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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