E-visa startup Atlys raises $20 million
Hey there, fellow travel enthusiasts! 👋 Have you ever dreamed of a world where getting a visa is as easy as ordering pizza? Well, guess what? That dream is becoming a reality thanks to an awesome startup called Atlys! 🌍✈️
Let’s dive into the exciting journey of this e-visa startup and see how they’re shaking up the travel industry! 🎉
The Big News: E-visa startup Atlys raises $20 million! 💰
Atlys, the cool startup that’s making visa applications a breeze, just got a major boost! They’ve raised a whopping $20 million in their Series B funding round. That’s like winning the lottery for startups! 🎰
Who’s backing this startup? 🤝
Some big names in the investment world are showing their faith in Atlys:
- Peak XV Partners (formerly Sequoia Capital India)
- Elevation Capital
- DST Global
- Headline
These folks know a good startup when they see one!
Atlys’s Incredible Growth Story 📈
Hold onto your hats, because this startup’s growth is mind-blowing! Atlys has seen a jaw-dropping 20x growth in just one year. That’s like planting a seed and waking up to a giant beanstalk the next day! 🌱🌳
What makes Atlys so special? 🌟
Imagine getting your visa in just 55 seconds! That’s not science fiction; it’s what Atlys can do. This startup covers over 150 destinations and is working hard to make visa rejections a thing of the past. It’s like having a magic wand for your travel plans! 🧙♂️
E-visa startup Atlys: Expanding Horizons 🌎
Atlys isn’t just sitting pretty. They’re using this new funding to:
- Enhance their product
- Boost their engineering skills
- Enter new markets
- Scale operations globally
They’re like a startup on a mission to conquer the world… of visas! 🚀
The Brains Behind the Startup 🧠
Meet Mohak Nahta, the genius founder and CEO of Atlys. He’s the captain steering this startup ship towards success. With his vision, Atlys is set to revolutionize how we think about travel documents. 🚢
Why Atlys Matters: The Big Picture 🖼️
In 2023, a whopping 1.3 billion people traveled internationally. That’s like the entire population of India deciding to take a vacation! And guess what? This number is expected to grow by 10.5% every year for the next decade. That’s a lot of visas! 📊
India’s Travel Boom 🇮🇳
Here’s something cool: 30 million Indians traveled abroad in 2023. That’s a 20% jump from the previous year! And get this – 43% of these travelers were from smaller cities. Looks like everyone’s got the travel bug! 🦠✈️
E-visa startup Atlys: What’s Next? 🔮
Atlys isn’t stopping at visas. They’re thinking big! The startup is exploring new areas like foreign exchange and travel insurance. It’s like they’re building a one-stop-shop for all your travel needs! 🛒
The Future of Travel 🚀
With startups like Atlys leading the way, the future of travel looks bright and hassle-free. Imagine a world where visa worries are a thing of the past. That’s the world Atlys is building, one e-visa at a time! 🌈
So there you have it, folks! The exciting story of how e-visa startup Atlys raises $20 million and is changing the travel game. Who’s ready for their next international adventure? With Atlys, the world is truly at your fingertips! 🌍👆
Remember, whether you’re planning a beach vacation in Bali or a business trip to New York, Atlys has got your back. Happy travels, everyone! 🧳😎
Sources:
Citations:
[1] https://www.business-standard.com/companies/start-ups/visa-processing-platform-atlys-raises-20-million-in-series-b-funding-124092301264_1.html
[2] https://bwdisrupt.com/article/atlys-secures-20-mn-in-series-b-to-accelerate-global-expansion-534077
[3] https://indianstartupnews.com/funding/visa-processing-startup-atlys-raises-usd-20-million-in-a-series-b-round-7089991
[4] https://startupstorymedia.com/insights-visa-processing-platform-atlys-raises-20-million-in-series-b-funding-led-by-peak-xv-and-elevation-capital/
[5] https://www.moneycontrol.com/news/business/startup/visa-processing-platform-atlys-raises-20-million-led-by-peak-xv-and-elevation-capital-12828146.html
[6] https://economictimes.indiatimes.com/small-biz/startups/e-visa-startup-atlys-raises-20-million/articleshow/113607790.cms
Thanks for Reading !!
