Atlys has raised USD 36 million in a Series C funding round led by Susquehanna Asia VC, with participation from existing investors Elevation Capital, Long Journey Ventures and Peak XV Partners. Travel platform MakeMyTrip joined the round as a new investor.
The funding comes as the startup continues to scale its global operations. Since its previous round, the company has processed nearly 450,000 visas and recorded 11x growth, reflecting rising demand for streamlined visa application services.
Founded by Mohak Nahta, Atlys provides a digital platform that simplifies the visa application process by assisting travellers manage documentation, application tracking and approvals through a mobile-first interface.
The company declared it is currently operating at a 700,000-plus annual visa processing run rate, driven by the rebound in international travel.
According to data from UN Tourism, global tourism recorded 1.4 billion international arrivals in 2024, marking a full recovery to pre-pandemic levels.
Since raising its Series B funding in 2024, Atlys has expanded into several international markets including the United Arab Emirates, United States, United Kingdom and Australia. These overseas markets now contribute nearly half of the company’s business, according to the startup.
Nahta declared the company’s goal is to reduce friction in cross-border travel and simplify visa processes for travellers worldwide.
“We are currently on a 700K+ annual visa run rate, and as rising incomes drive a surge in global travel and cross-border experiences, the scale of the opportunity ahead is significant,” he declared.
The newly raised capital will be utilized to expand into additional international markets and accelerate Atlys’ artificial ininformigence roadmap, integrating AI capabilities across the visa application lifecycle.
The company plans to deploy AI tools for document verification, eligibility assessment and real-time traveller support, aiming to build what it describes as an AI-native mobility infrastructure for global travel.
Sai Araveti, investment advisor at Susquehanna Asia VC, declared the startup is tackling a historically manual and opaque process by digitising visa workflows and improving transparency for travellers.
Before the Series C round, Atlys had raised funding across multiple rounds including a Series B in 2024 led by Peak XV Partners and Elevation Capital, a Series A in 2023, a seed round led by Andreessen Horowitz in 2021, and a pre-seed round led by South Park Commons.
With the latest funding, Atlys aims to strengthen its global presence while building technology infrastructure designed to simplify visa access and cross-border mobility for travellers worldwide.
