Itilite Raises $29 Million to Streamline Expenses: Travel Startup Funding This Week


Skift Take

India's Itilite is riding the wave of business trips finally returning, with its eyes on the U.S. market, while in Europe Valpas has raised some money to stamp out the problem of bedbugs ruining tourists' long-awaited holidays.

Series: Startups This Week

Travel Startup Funding This Week

Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at jd@skift.com if you have funding news.

This week, travel startups announced more than $30 million in funding.

>>Itilite, a business travel and expense platform, has raised $29 million in a Series C round.

Tiger Global and existing investor Dharana Capital led the round with Matrix Partners and Tenacity Ventures participating.

The India-headquartered company will use the money to continue its expansion in the U.S., and said it had grown 500 percent since its Series B round in 2020 as organizat