Last mentioned: Mar 22, 2026
Current Recovery
Funding rebounds to $358 million, driven by the Weaver Services mega-round.
Mid-March Slump
Weekly funding drops to $143 million amid global macro uncertainty.
Series C Round
Secured $36M led by Susquehanna Asia VC to scale AI and international footprint.
Annual High
Funding peaks at $705 million for the month of February.
January Peak
Indian startups raise $373 million in the first major surge of the year.
Series B Funding
Raised $20M co-led by Peak XV and Elevation Capital to fuel initial expansion.
Global Expansion
Entered US, UK, UAE, and Australia markets, diversifying beyond India.
Company Founded
Mohak Nahta launches Atlys; secures seed funding from Andreessen Horowitz.
Indian startups secured $358 million in venture capital during the third week of March, a significant jump from the previous week's $143 million. While the surge was largely driven by Weaver Services' $155 million round, the ecosystem continues to face headwinds from geopolitical instability and a scarcity of late-stage capital.
Atlys, a digital visa processing platform, has raised $36 million in a Series C round led by Susquehanna Asia VC. The funding, featuring strategic participation from MakeMyTrip, will accelerate global expansion and the development of AI-driven automation tools for international travel compliance.
Atlys has raised $36 million in Series C funding led by Susquehanna Asia VC to accelerate its AI-driven visa processing platform. The startup has recorded 11x growth since 2024 and is now processing over 700,000 visas annually across 120+ destinations.
This page surfaces every story mentioning MakeMyTrip across our startup coverage. We track each entity's appearance over time so readers can trace how the narrative evolves — which developments are isolated incidents, which build into longer arcs, and which reframe how operators in the space think about the entity. Story selection uses the same multi-source verification gate applied across the rest of our coverage.
Read our editorial methodology for how we identify, deduplicate, and score entity references. Our glossary defines the technical terms used across stories on this page, and our trends index contextualizes individual developments against the longer-running startup beat. Cross-entity comparisons live on our compare view.
| What you see | What it tells you |
|---|---|
| Story count | Number of distinct stories where MakeMyTrip was a primary or referenced actor. |
| Recency clustering | Whether mentions are concentrated in a recent window (a news cycle) or distributed (a sustained arc). |
| Sentiment distribution | Aggregate sentiment of the stories mentioning this entity, weighted by impact score. |
| Cross-niche links | When the same entity surfaces in our sibling networks, we link to those views to enrich context. |