Atlys Secures $36 Million in Series C Funding Led by Susquehanna Asia VC

Atlys Secures $36 Million in Series C Funding

Atlys, a visa processing startup, has closed a $36 million Series C funding round led by Susquehanna Asia VC, with participation from existing investors Elevation Capital, Long Journey Ventures, and Peak XV Partners. MakeMyTrip also joined the round as a new investor.

Atlys sees strong growth in visa processing volumes, with a current annual visa run rate of 700,000+. Since its Series B round in 2024, the company has grown 11 times, processing nearly 450,000 visas. Atlys enables travellers to discover, apply for, and manage visas digitally across 120+ destinations.

The company plans to use the fresh capital to expand into new international markets and accelerate its AI roadmap, embedding intelligence across the visa lifecycle. Atlys aims to remove barriers that prevent people from exploring the world, making cross-border travel more reliable.

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Founded by Mohak Nahta, Atlys has expanded across international markets, including the UAE, US, UK, and Australia, which now account for nearly half of its business. Prior to this round, Atlys raised its Series B funding in 2024 and has received funding from Peak XV Partners, Elevation Capital, Andreessen Horowitz, and South Park Commons.