A Transformative Funding Milestone towards fast visa
In a significant development for the world of online visa applications, Atlys, the innovative digital platform, has successfully raised $12 million in a Series A funding round. This funding drive was spearheaded by Elevation Capital and Peak XV Partners (formerly known as Sequoia Capital India), with participation from a slew of prominent investors, including Andreessen Horowitz (a16z), the Musical Duo Chainsmokers, South Park Commons, Pinterest Founders, and several other stakeholders.
Anticipation Fulfilled: Exclusive insider insights
Back in March, industry insiders and enthusiasts alike were given an exclusive peek behind the curtain by Entrackr, hinting at Atlys’ imminent funding round. This foresight foreshadowed the substantial financial backing that Atlys would secure and the potential game-changing impact it would have on visa application processes.
Fueling Innovation and Expansion
The infusion of capital marks a pivotal moment in Atlys’ journey. With these newly acquired funds, the digital platform is poised to bolster its product offerings for travelers, expand its customer base, and augment its workforce through strategic talent acquisitions. These strategic moves align with Atlys’ overarching mission to simplify and expedite the often daunting visa application process.
Atlys: Crafting a Seamless Visa Application Experience
Founded in 2021 by Mohak Nahta, Atlys has been at the forefront of transforming the visa application process into a swift, hassle-free endeavor. The platform’s track record speaks volumes, having facilitated over 120,000 visa applications, encompassing more than 150 destinations, all with an astonishing average application time of merely 4 to 10 minutes.
Remarkable Prowess: Delivering Visas On Time
One of Atlys’ standout achievements is its extraordinary on-time delivery rate, an impressive 99.2% for visas. Furthermore, Atlys has cultivated partnerships with various governments, streamlining visa processing and contributing to the reduction of overstays, ultimately ensuring a smoother travel experience for applicants.
Leading the Charge: E-Visas and a Global Shift
With over 60% of countries having already adopted e-visa systems, and many more poised to make the transition in the near future, Atlys finds itself at the vanguard of this global transformation. The platform provides travelers with a world-class experience, perfectly aligned with the evolving landscape of international travel.
Expanding Horizons: Beyond Visas
Atlys envisions a future where it addresses other pain points encountered by international travelers. This includes solutions for travel-related credit, remittance, and travel insurance, underlining its commitment to becoming a comprehensive, one-stop travel support platform.
Competing on a Global Scale: Visa2Fly
In this fiercely competitive landscape, Atlys faces formidable competition from Gurugram-based Visa2Fly. The latter has also secured partnerships with industry giants such as SpiceJet and Ixigo, establishing itself as a robust contender in the visa application sector.
Conclusion: A Bright Future Beckons
As Atlys continues its relentless pursuit of redefining the visa application process and expanding its services to encompass additional facets of international travel, the future holds great promise for this pioneering digital platform. It stands poised to revolutionize the way travelers navigate the intricacies of securing visas and elevate the overall travel experience for individuals worldwide.