Last mentioned: Mar 22, 2026
Current Recovery
Funding rebounds to $358 million, driven by the Weaver Services mega-round.
Series C Funding
Closes $36M round to accelerate AI roadmap and enter new international markets.
Series C Funding
Secured $36 million led by Susquehanna Asia VC to accelerate AI roadmap.
Mid-March Slump
Weekly funding drops to $143 million amid global macro uncertainty.
Series C Round
Secured $36M led by Susquehanna Asia VC to scale AI and international footprint.
Annual High
Funding peaks at $705 million for the month of February.
January Peak
Indian startups raise $373 million in the first major surge of the year.
Market Milestone
Global international arrivals exceed pre-pandemic levels, reaching 1.52 billion.
Series B Expansion
Raises $20M co-led by Peak XV and Elevation Capital; begins aggressive international expansion.
Series B Funding
Raised $20M co-led by Peak XV and Elevation Capital to fuel initial expansion.
Global Expansion
Entered US, UK, UAE, and Australia markets, diversifying beyond India.
Series B Funding
Raised $20 million co-led by Peak XV Partners and Elevation Capital.
Global Expansion
Expanded operations into the UAE, US, UK, and Australia.
Company Foundation
Atlys founded by Mohak Nahta; raises seed round led by Andreessen Horowitz.
Company Founded
Mohak Nahta launches Atlys; secures seed funding from Andreessen Horowitz.
Company Founded
Mohak Nahta launches Atlys; raises seed funding from Andreessen Horowitz.
Google Automotive AI and Mastercard's new 'Lifestyle Navigator' are spearheading a wave of AI integration in India, coinciding with a massive consumer shift toward premium, data-driven products. As the market for high-quality consumer goods is projected to reach Rs 50,000 crore by 2028, AI is becoming the primary differentiator in automotive and fintech sectors.
Indian startups saw a significant funding boost to $358 million in the third week of March, driven by a massive $155 million round for Weaver Services. While the volume represents the third-highest weekly total of the year, the ecosystem remains cautious due to a lack of late-stage deals and ongoing geopolitical instability.
Indian startups secured $358 million in venture capital during the third week of March, a significant jump from the previous week's $143 million. While the surge was largely driven by Weaver Services' $155 million round, the ecosystem continues to face headwinds from geopolitical instability and a scarcity of late-stage capital.
Atlys has raised $36 million in a Series C funding round led by Susquehanna Asia VC, with strategic participation from MakeMyTrip. The capital infusion aims to accelerate the company's mission to automate the global visa application process as international travel demand reaches new heights.
Atlys has raised $36 million in a Series C round led by Susquehanna Asia VC, with strategic participation from MakeMyTrip. The capital will accelerate the expansion of its automated visa processing platform as it targets the global travel-tech SaaS market.
Atlys, a digital visa processing platform, has raised $36 million in a Series C round led by Susquehanna Asia VC. The funding, featuring strategic participation from MakeMyTrip, will accelerate global expansion and the development of AI-driven automation tools for international travel compliance.
Atlys has raised $36 million in a Series C funding round led by Susquehanna Asia VC to accelerate its AI-native visa processing platform. The capital will fuel international expansion and the development of automated document verification and eligibility assessment tools.
Visa processing startup Atlys has closed a $36 million Series C funding round led by Susquehanna Asia VC to accelerate its AI-native platform. The capital will fuel international expansion and the development of automated identity and eligibility layers for global travel.
Atlys has raised $36 million in Series C funding led by Susquehanna Asia VC to accelerate its AI-driven visa processing platform. The startup has recorded 11x growth since 2024 and is now processing over 700,000 visas annually across 120+ destinations.
Atlys has raised $36 million in a Series C round led by Susquehanna Asia VC to digitize the global visa application process. The funding, which includes a strategic investment from MakeMyTrip, will accelerate the company's AI roadmap and international expansion as it hits a 700,000 annual visa run rate.
Visa-processing platform Atlys has closed a $36 million Series C funding round led by Susquehanna Asia VC to expand its global footprint and AI capabilities. The round, which includes strategic investment from MakeMyTrip, follows an 11x growth surge and a 700,000 annual visa processing run rate.