Last mentioned: Mar 21, 2026
Current Recovery
Funding rebounds to $358 million, driven by the Weaver Services mega-round.
General Catalyst Talks
Reports emerge of a new $50-60 million funding round led by General Catalyst.
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.
New Funding Talks
Early-stage negotiations begin with General Catalyst for $50-60 million.
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.
$1.3B AI Commitment
Peak XV announces a strategic pivot, earmarking $1.3 billion for AI and deep tech investments.
January Peak
Indian startups raise $373 million in the first major surge of the year.
AI Surge
Indian AI startup valuations reach record highs amid global generative AI boom.
FY25 Financials
Revenue hits Rs 40.4 crore with a 70.8% YoY increase.
Financial Results
Reported FY25 revenue of ₹40.4 crore and narrowed losses.
Market Milestone
Global international arrivals exceed pre-pandemic levels, reaching 1.52 billion.
Series B Funding
Raised $40 million led by Peak XV Partners at a $200M valuation.
Series B Funding
Raised $40 million led by Peak XV Partners at a $200M valuation.
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.
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.
Bengaluru-based travel fintech Scapia is in early-stage negotiations to raise $50-60 million in a round led by General Catalyst. The capital infusion aims to scale the startup's co-branded credit card and international travel booking operations following a period of significant revenue growth.
Bengaluru-based travel fintech Scapia is negotiating a $50-60 million funding round led by General Catalyst to expand its co-branded credit card and travel booking ecosystem. The deal follows General Catalyst's $5 billion commitment to the Indian market and Scapia's 70% revenue growth in FY25.
Bengaluru-based travel fintech Scapia is in early-stage negotiations to secure $50-60 million in a new funding round led by General Catalyst. The capital injection aims to scale Scapia’s co-branded credit card and international travel booking services following a 70% revenue surge in FY25.
Peak XV Partners, formerly Sequoia India, is deploying $1.3 billion primarily into artificial intelligence, signaling a major strategic pivot. This move comes amid intensifying competition from global venture capital firms vying for a share of India's rapidly maturing technology ecosystem.
Bengaluru-based wealthtech startup Stable Money has secured $25 million in a Pre-Series C funding round led by Peak XV Partners, valuing the company at $175 million. The capital injection will drive the platform's expansion into India's tier-2 markets as it scales its fixed-income investment offerings.
Bengaluru-based wealthtech platform Stable Money has raised $25 million in a Pre-Series C round led by Peak XV Partners, valuing the company at $175 million. The capital injection will drive the startup's expansion into Tier-2 cities as it seeks to digitize India's massive but fragmented fixed-income investment landscape.