HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Atlys Secures $20 Mn Funding Led by Peak XV Partners and...

[Funding News] Atlys Secures $20 Mn Funding Led by Peak XV Partners and Elevation Capital

Atlys, a visa processing platform, has secured $20 million in its Series B funding round, which was co-led by Peak XV (formerly Sequoia Capital India) and Elevation Capital. Existing investors, as well as new investors like Headline and DST Global, participated in the round.

The company will fortify its expansion strategy, improve its product and engineering capabilities, expand into new markets, and expand its global operations with the recently raised funds.

The company, which is headquartered in Delhi and San Francisco, will continue to prioritize the needs of travelers, particularly in India, where international tourism is expanding.

Read also – M2P Fintech Secures $100 Mn Primary and Secondary Funding

Atlys has increased its market share in international markets, such as the United States, the United Arab Emirates, and the United Kingdom. Furthermore, it has strengthened its leadership team by recruiting exceptional individuals in the fields of engineering, marketing, and product development.

Atlys streamlines the visa application procedure for international travelers. It simplifies the time-consuming process of obtaining visas by providing a user-friendly platform that enables users to rapidly navigate visa requirements, submit applications, and monitor progress.

About Atlys

Founded in 2021 by Mohak Nahta, Atlys is a visa processing company that helps travelers apply for visas online.

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