Key Points
Visa processing platform Atlys has secured $20 million Series B funding co-led by existing investors Peak XV Partners and Elevation Capital, along with participation from others including Internet investment firm DST Global and venture capital firm Headline...
Atlys, in a statement, said this funding will be used for an aggressive expansion strategy, empowering the company to enhance its product and engineering capabilities, enter new markets, and scale operations globally..
A core focus remains on meeting the growing needs of travellers, particularly in India, where international tourism is booming...
We believe Atlys can go on to become a broader travel services platform for a range of use cases for travellers globally, and we are excited to deepen the partnership with Mohak and the Atlys team on this journey...
Prior to this, Atlys raised Series A funding in 2023 from Peak XV partners, Elevation Capital, a seed round led by Andreessen Horowitz (A16Z) in 2021 and a pre-seed round led by South Park Commons..
