Itilite Technologies secures $29 million in Series C funding

Itilite Technologies is an Indian B2B business travel management SaaS platform, mainly providing business travel solutions, reducing business travel costs and improving customer booking experience by incentivizing travel employees to save travel expenses. The ITILITE platform provides bookings for travel products such as air tickets, hotels, and buses. The company’s incentive program, USP, also provides incentives for corporate employees who save money. The company announced today that it has raised $29 million in a Series C round co-led by Tiger Global and existing investor Dharana Capital, with participation from Matrix Partners and Tenacity Ventures.

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