# MakeMyTrip

Type: Company (MMYT)

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/makemytrip
Canonical HTML page: https://getstartupbrief.com/entity/makemytrip

## Timeline

- **2026-03-20**: Current Recovery — Funding rebounds to $358 million, driven by the Weaver Services mega-round.
- **2026-03-13**: Mid-March Slump — Weekly funding drops to $143 million amid global macro uncertainty.
- **2026-03**: Series C Round — Secured $36M led by Susquehanna Asia VC to scale AI and international footprint.
- **2026-02-28**: Annual High — Funding peaks at $705 million for the month of February.
- **2026-01-31**: January Peak — Indian startups raise $373 million in the first major surge of the year.
- **2024**: Series B Funding — Raised $20M co-led by Peak XV and Elevation Capital to fuel initial expansion.
- **2024**: Global Expansion — Entered US, UK, UAE, and Australia markets, diversifying beyond India.
- **2021**: Company Founded — Mohak Nahta launches Atlys; secures seed funding from Andreessen Horowitz.

## Recent coverage (4 stories)

### Elevation Capital drops $500M for AI startups amid India VC fundraising boom
2026-07-24 01:36:46 · Sentiment: Positive · Impact: 7/10 · Sources: 2

Elevation Capital launches a $500M early-stage fund to back AI-native startups, heating up competition among Indian VCs that have raised over $2.5B cumulatively. The fund's exclusive AI focus signals a shift from generalist to thesis-driven investing, directly impacting founder access to capital.
Full story: https://getstartupbrief.com/story/elevation-capital-500m-ai-fund-startups

### Indian VC Funding Hits $358M in Mid-March Surge Led by Weaver Services
2026-03-21 01:01:01 · Sentiment: Positive · Impact: 6/10 · Sources: 2

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.
Full story: https://getstartupbrief.com/story/indian-startup-funding-weekly-roundup-march-2026

### Atlys Secures $36M Series C to Scale Global Visa Processing Infrastructure
2026-03-17 01:17:23 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

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.
Full story: https://getstartupbrief.com/story/atlys-36m-series-c-funding-susquehanna-makemytrip

### Atlys Secures $36M Series C to Scale AI-Driven Global Visa Infrastructure
2026-03-17 00:28:02 · Sentiment: Positive · Impact: 7/10 · Sources: 4

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.
Full story: https://getstartupbrief.com/story/atlys-36m-series-c-funding-visa-ai

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This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getstartupbrief.com/guides/methodology for the full editorial methodology.