Visa application startup Atlys raises $12 million in series A funding

Investment round led by Peak XV and Elevation Capital

Indigo
Indigo
1 min read Last Updated : Oct 05 2023 | 12:03 PM IST
Online visa application platform Atlys announced on Thursday that it had raised $12 million in series A funding led by Peak XV Partners (formerly Sequoia Capital India) and Elevation Capital.

Existing investors such as Andreessen Horowitz (a16z), the Musical Duo Chainsmokers, South Park Commons, Pinterest Founders, and others also participated in this round.
Atlys said it plans to allocate this capital to enhance its product offerings for travellers, expand its customer base and reinforce its team by recruiting top talent. The company had previously secured $5 million in a seed round in 2021.

“Visa is a critical pain point for travellers, and Atlys is building a next-gen platform to transform visa applications for travellers globally and reimagine international travel,” said Shraeyansh Thakur, principal, Peak XV.

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Indian visa

First Published: Oct 05 2023 | 12:03 PM IST

Next Story