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Mayank Kukreja

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How Itilite Grew Five Times in a Year From a $200K Run Rate and Reached 80 Customers (Interview with CEO Mayank Kukreja)

Mayank Kukreja (CEO and Founder of Itilite) spoke to Nathan Latka on May 22, 2019.

Itilite figures from the interview

Revenue Run Rate (2018)
$200K
Customers (2019)
80
YoY Growth (2019)
400%
Total Funding
$5M
Team Size (2019)
80
“So itilite is trying to take corporate travel online. We are a SaaS platform, which we sell to mid to large sized companies, and they use it to manage their full business travel, flight, bus, train, visa, ForEx, whatnot.”
“On an average, we make about $1,000 per customer combining all the revenue streams.”
“About a year ago, around this time, we were doing about 200,000 run rate. So we have grown five x in the year.”

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Bio

Mayank is the Founder & CEO of ITILITE, a SaaS platform which digitises corporate travel and incentivises employees to save money for their company during travel. Mayank understands the pain of business travel deeply, having lived the life of a McKinsey consultant, spending 200 nights per year on the road.

Company

Itilite

Bengaluru, India · Founded 2017

Revenue
$6.6M
Funding
$46.7M
Team size
436
Customers
80

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