Atlys Raises $36 Million in Series C Funding
Atlys, a company that simplifies the visa acquisition process, has successfully closed a Series C funding round, securing $36 million. The funding round, which took place on March 16, 2026, was led by Susquehanna Asia Venture Capital. Other participants included Elevation Capital, Long Journey Ventures, Peak XV Partners, and MakeMyTrip.
Company Background
Based in New Delhi, India, Atlys is dedicated to making the process of obtaining visas more efficient and stress-free. The platform guarantees timely visa delivery, aiming to provide a seamless experience for travelers.
Leadership at Atlys
The company was founded by Shovan Nag, who holds a 1% stake, and is currently led by CEO Mohak Nahta. Nahta, commenting on the recent funding, highlighted the potential for growth and improvement in the company's services.
Investors and Their Role
Susquehanna Asia Venture Capital led the Series C round, with significant contributions from Elevation Capital, Long Journey Ventures, Peak XV Partners, and MakeMyTrip. These investors bring not only financial resources but also strategic insights to support Atlys' growth.
Planned Use of Funds
While specific allocations of the new capital were not detailed, the funding is expected to bolster Atlys' operational capabilities and product offerings. This could include enhancements to their visa processing technology, expanding their team, and exploring new market opportunities.
Conclusion
The successful Series C funding marks a significant milestone for Atlys, positioning the company to further enhance its visa services and expand its reach. With the backing of prominent investors, Atlys is poised to make international travel more accessible for its users.