Nahta believes every Indian should have the opportunity to travel anywhere
Atlys, on a mission to make it easy to get e-visas, says US$12 million in a Series A round led by Peak XV Partners (formerly Sequoia Capital India) and Elevation Capital, is to expand the platform’s product offerings for travellers.
The round also saw participation from existing investors Andreessen Horowitz (a16z), Musical Duo Chainsmokers, South Park Commons, Pinterest Founders and other investors.
The funds will also be used to attract customers, and further strengthen the team through talent acquisition. Atlys had previously raised a US$5 million seed round in 2021.
The world is rapidly moving towards e-visas. Over 60% of countries have already adopted e-visas, and more have announced their plans to move to e-visas in the near future.
Atlys is at the forefront of this shift and offers a world-class experience for travellers across the globe. With Atlys, travellers can easily apply for visas through the digital platform from anywhere in the world and get their visas on time.
As an avid traveller himself, Mohak Nahta, founder of Atlys, found the visa process to be tedious, uncertain and not at all traveller-friendly. He realised that the solution had to be digital and set out to build an app, which led to the launch of Atlys.
“Our USP is to transform a process riddled with anxiety into one with certainty. By leveraging over a million data points, we’re able to predict when you’re going to get a visa, reduce visa rejection rates, and we have built the tech to make that happen,” Nahta said on 20 Sept 2023.
“We believe every Indian should have the opportunity to travel anywhere without the burden of complex visa processes. Atlys can help Indians get visas on time to over 100 countries and has reduced the time for applying for a visa to under three minutes,” he said.
Atlys aims to eliminate uncertainty, lengthy documentation and high visa fees by providing a simplified solution for visa applications. The traveller-centric solution provides a visa guarantee within a promised window through its app and website. So far, 99.2% visas come on time. It has also partnered with governments to facilitate visas and help them reduce overstays.
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. We’re very excited to join Mohak and team on their mission to enable travellers across the globe to travel with more freedom,” he said.
“Atlys’ commitment to removing visa-related barriers aligns with the growing aspirations of Indians to explore the world. We’re excited to join Atlys on its mission to transform the visa application process and solve larger travel-related pain points in India,” said Mayank Khanduja, Partner, Elevation Capital.
“Our partnership with Mohak represents a significant step towards Atlys’ efforts to streamline global mobility. Their strategy to offer a new age visa service that’s economical, risk-free and data-driven will encourage quicker adoption of newer, more efficient procedures,” Khanduja elaborated. fiinews.com
