VC Fund Investments
Visa application enabler Atlys raises $12-M from Elevation Capital, Peak XV, others
Atlys, a Mumbai- and San Francisco, CA (USA)-based online visa processing enabler for travellers from India, has raised USD 12 million in a Series-A round led by Elevation Capital and Peak XV Partners (formerly Sequoia Capital India). The round also saw participation from existing investors including Andreessen Horowitz (a16z), Musical Duo, Chainsmokers, South Park Commons, Pinterest Founders, and others. The raised funds will be used to expand the platform's product offerings, customer acquisition, and hiring. The company claims to have processed over 250,000 visas to date.
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