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Travel Tech Startup Atlys Raises $36 Million, MakeMyTrip Joins as Strategic Investor

Visa processing startup Atlys has secured $36 million in a Series C funding round led by Susquehanna Asia Venture Capital, marking another major milestone in the company’s rapid global expansion. Existing investors Elevation Capital, Long Journey Ventures, and Peak XV Partners also participated in the round, while travel platform MakeMyTrip joined as a new strategic investor.

The fresh funding will enable Atlys to expand into new international markets and strengthen its artificial intelligence capabilities, as the company continues to build a digital-first platform designed to simplify visa applications for global travellers.

Funding to Accelerate Global Expansion and AI Integration

Atlys plans to deploy the newly raised capital to enhance its AI-powered visa processing platform. The company intends to integrate artificial intelligence into multiple stages of the visa application process, including:

  • Document verification

  • Eligibility checks

  • Application tracking

  • Traveller assistance and support

By leveraging AI across these workflows, Atlys aims to reduce processing time, minimise manual errors, and improve the overall visa application experience for travellers.

The startup’s broader goal is to create a fully digital, automated visa processing ecosystem that simplifies international travel documentation.

Read more: AGNIT Semiconductors raises $2.6 Mn in seed Funding

Atlys’ Digital Visa Platform

Founded in 2021 by Mohak Nahta, Atlys has positioned itself as a platform that enables travellers to discover, apply for and manage visas digitally across more than 120 destinations worldwide.

Traditionally, visa applications have been a complicated and time-consuming process involving embassy visits, paperwork and multiple intermediaries. Atlys aims to streamline this process by offering an intuitive digital platform that guides users through the entire visa journey.

Since its previous funding round, the startup has processed nearly 450,000 visa applications, reflecting the increasing adoption of digital visa services among international travellers.

The company has also expanded its footprint across key global markets including:

  • United Arab Emirates

  • United States

  • United Kingdom

  • Australia

According to the company, these international markets now contribute almost half of its overall business, highlighting strong global demand for its services.

Rapid Growth Since Series B

Atlys has experienced significant growth in recent years. The company currently operates at an annual visa processing run rate of more than 700,000 applications.

Since its Series B funding round in 2024, Atlys has recorded an impressive 11-fold growth in its business, underscoring the increasing demand for digital visa solutions in the global travel ecosystem.

The latest Series C funding builds on the company’s earlier investment rounds:

  • $20 million Series B (September 2024) co-led by Peak XV Partners and Elevation Capital, with participation from DST Global and Headline

  • $12 million Series A (September 2023)

  • $4.25 million seed funding (October 2021)

These investments have enabled the startup to expand its technology platform and scale its international operations.

Strategic Acquisition in Europe

Atlys has also strengthened its global presence through strategic acquisitions.

In February 2025, the company acquired the UK operations of visa services firm Artionis in an all-cash deal. The acquisition was aimed at expanding Atlys’ presence in Europe and enhancing its visa processing infrastructure.

The move allows the company to gain deeper access to European markets while improving operational efficiency in handling visa applications for travellers visiting the region.

Rising Demand for Digital Travel Infrastructure

The travel industry is undergoing rapid digital transformation as travellers increasingly expect fast, transparent and seamless travel documentation processes.

Traditional visa procedures often involve multiple intermediaries, complex documentation requirements and long waiting times. Startups like Atlys are attempting to modernise this experience through technology-driven solutions that simplify cross-border travel.

With international travel rebounding strongly after the pandemic and global mobility increasing, demand for digital visa services and travel infrastructure platforms is expected to grow significantly in the coming years.

Building a Global Visa Technology Platform

With the latest funding and expanding international presence, Atlys aims to position itself as a global digital visa platform for travellers.

By combining automation, artificial intelligence and global partnerships, the company hopes to transform how people apply for visas and manage international travel documentation.

As cross-border mobility continues to increase, platforms like Atlys could play a crucial role in simplifying one of the most complex aspects of international travel — visa processing.

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