# MakeMyTrip

Type: Company (MMYT)

Source: GetYourBrief — https://getyourbrief.com/entity/makemytrip
Canonical HTML page: https://getyourbrief.com/entity/makemytrip

## Timeline

- **2026-03-20**: Current Recovery — Funding rebounds to $358 million, driven by the Weaver Services mega-round.
- **2026-03-16**: Series C Funding — Closes $36M round to accelerate AI roadmap and enter new international markets.
- **2026-03-16**: Series C Funding — Secured $36 million led by Susquehanna Asia VC to accelerate AI roadmap.
- **2026-03-13**: Mid-March Slump — Weekly funding drops to $143 million amid global macro uncertainty.
- **2026-03**: Series C Round — Secured $36M led by Susquehanna Asia VC to scale AI and international footprint.
- **2026-02-28**: Annual High — Funding peaks at $705 million for the month of February.
- **2026-01-31**: January Peak — Indian startups raise $373 million in the first major surge of the year.
- **2025**: Market Milestone — Global international arrivals exceed pre-pandemic levels, reaching 1.52 billion.
- **2024**: Series B Expansion — Raises $20M co-led by Peak XV and Elevation Capital; begins aggressive international expansion.
- **2024**: Series B Funding — Raised $20M co-led by Peak XV and Elevation Capital to fuel initial expansion.
- **2024**: Global Expansion — Entered US, UK, UAE, and Australia markets, diversifying beyond India.
- **2024**: Series B Funding — Raised $20 million co-led by Peak XV Partners and Elevation Capital.
- **2024**: Global Expansion — Expanded operations into the UAE, US, UK, and Australia.
- **2021**: Company Foundation — Atlys founded by Mohak Nahta; raises seed round led by Andreessen Horowitz.
- **2021**: Company Founded — Mohak Nahta launches Atlys; secures seed funding from Andreessen Horowitz.

## Recent coverage (14 stories, network-wide)

### Elevation Capital bets $500M on India's AI app layer, dismissing global lag claims
2026-07-24 01:38:26 · Sector: ai · Sentiment: Positive · Impact: 7/10 · Sources: 2

Elevation Capital's $500 million ninth fund exclusively targets AI startups at the application layer, challenging the narrative that India is behind in AI. The partners emphasize undersupplied expertise and a billion-user market, framing India as a soon-to-be AI powerhouse.
Full story: https://getaibrief.com/story/elevation-500m-ai-app-layer-india

### Elevation Capital drops $500M for AI startups amid India VC fundraising boom
2026-07-24 01:36:46 · Sector: startups · Sentiment: Positive · Impact: 7/10 · Sources: 2

Elevation Capital launches a $500M early-stage fund to back AI-native startups, heating up competition among Indian VCs that have raised over $2.5B cumulatively. The fund's exclusive AI focus signals a shift from generalist to thesis-driven investing, directly impacting founder access to capital.
Full story: https://getstartupbrief.com/story/elevation-capital-500m-ai-fund-startups

### Elevation's $500M AI fund to fuel next-gen SaaS: India's app layer opportunity
2026-07-24 01:36:33 · Sector: saas · Sentiment: Positive · Impact: 7/10 · Sources: 2

Elevation Capital's $500 million AI-focused fund is set to catalyze a wave of SaaS startups that embed intelligence into existing digital infrastructure. For cloud and SaaS providers, this signals fresh capital for vertical-specific agents and AI-native platforms, potentially accelerating India's product cloud shift.
Full story: https://getsaasbrief.com/story/elevation-500m-ai-fund-saas-cloud

### India’s Premium Shift: Google AI and Fintech Concierges Lead Market Evolution
2026-03-22 00:40:00 · Sector: ai · Sentiment: Positive · Impact: 6/10 · Sources: 2

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.
Full story: https://getaibrief.com/story/india-ai-integration-google-mastercard-market-trends

### Indian Startup Funding Surges to $358M Amidst Geopolitical Headwinds
2026-03-21 01:01:34 · Sector: finance · Sentiment: Positive · Impact: 6/10 · Sources: 2

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.
Full story: https://getfinancebrief.com/story/indian-startup-funding-surge-march-2026

### Indian VC Funding Hits $358M in Mid-March Surge Led by Weaver Services
2026-03-21 01:01:01 · Sector: startups · Sentiment: Positive · Impact: 6/10 · Sources: 2

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.
Full story: https://getstartupbrief.com/story/indian-startup-funding-weekly-roundup-march-2026

### Atlys Secures $36M Series C to Scale Global Visa Automation Platform
2026-03-17 01:19:04 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

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.
Full story: https://getfinancebrief.com/story/atlys-series-c-funding-visa-automation

### Atlys Secures $36M Series C to Scale Visa-as-a-Service Infrastructure
2026-03-17 01:18:28 · Sector: saas · Sentiment: Neutral · Impact: 5/10 · Sources: 2

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.
Full story: https://getsaasbrief.com/story/atlys-36m-series-c-funding-susquehanna-makemytrip

### Atlys Secures $36M Series C to Scale Global Visa Processing Infrastructure
2026-03-17 01:17:23 · Sector: startups · Sentiment: Neutral · Impact: 5/10 · Sources: 2

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.
Full story: https://getstartupbrief.com/story/atlys-36m-series-c-funding-susquehanna-makemytrip

### Atlys Secures $36M Series C to Scale AI-Driven Visa Infrastructure
2026-03-17 00:29:16 · Sector: ai · Sentiment: Positive · Impact: 7/10 · Sources: 4

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.
Full story: https://getaibrief.com/story/atlys-raises-36m-series-c-ai-visa-processing

### Atlys Secures $36M Series C to Scale AI-Driven Global Mobility Infrastructure
2026-03-17 00:28:37 · Sector: saas · Sentiment: Positive · Impact: 7/10 · Sources: 4

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.
Full story: https://getsaasbrief.com/story/atlys-36m-series-c-funding-global-mobility-ai

### Atlys Secures $36M Series C to Scale AI-Driven Global Visa Infrastructure
2026-03-17 00:28:02 · Sector: startups · Sentiment: Positive · Impact: 7/10 · Sources: 4

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.
Full story: https://getstartupbrief.com/story/atlys-36m-series-c-funding-visa-ai

### Atlys Secures $36M Series C to Scale AI-Driven Global Visa Infrastructure
2026-03-17 00:27:56 · Sector: finance · Sentiment: Positive · Impact: 7/10 · Sources: 4

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.
Full story: https://getfinancebrief.com/story/atlys-36m-series-c-funding-visa-ai

### Atlys Secures $36M Series C to Scale AI-Driven Global Visa Infrastructure
2026-03-17 00:27:20 · Sector: retail · Sentiment: Positive · Impact: 7/10 · Sources: 4

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.
Full story: https://getretailbrief.com/story/atlys-series-c-funding-visa-processing-ai

---
This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getyourbrief.com/guides/methodology for the full editorial methodology.