Startup Atlas · Travel Tech

Atlys

Atlys India Private Limited ● San Francisco, California ● Founded 2021 ● atlys.com ↗
Mohak Nahta · Founder & CEO
$72.25 MnTotal funding (tracked)
4Funding rounds
16 Mar 2026Last round

Atlys: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Radically faster visa processing

Atlys promises to compress a visa application process that can take hours into a matter of minutes via its app.

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Lower rejection rates, near-instant processing

Atlys claims its technology reduces visa rejection rates and can streamline processing turnaround dramatically.

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Customer Segments

International travelers, majority India-originIndia >60% of applications

Atlys serves outbound travelers applying for visas, with India as its largest single market by volume.

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Customer Relationships

24/7 emergency concierge helpline24/7 active call support

Atlys runs a round-the-clock emergency line, separate from its standard app/website support, reserved for time-sensitive crises like medical or family emergencies and staffed to connect travelers directly with a visa specialist.

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Email/phone support with 48-hour response SLA48-hour response commitment

For standard queries, Atlys commits to responding within 48 hours via dedicated support and general-query email addresses and a phone line, backed by a named grievance officer for complaints under India's e-commerce consumer protection rules.

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On-time delivery guarantee with refundFull refund if deadline missed

Atlys commits to a specific delivery timestamp for each visa application and promises a full refund if that deadline is missed, turning outcome uncertainty -- one of travelers' top pain points -- into a service guarantee.

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Honesty-first advisory relationship~15% of applicants advised not to apply

Rather than pushing every applicant to submit, Atlys proactively tells a meaningful share of users they are unlikely to qualify and advises them against wasting time and money, prioritizing trust over transaction volume.

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Channels

Mobile app

Travelers apply for visas through Atlys's app by answering questions about their trip and uploading scanned documents.

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Key Activities

AI-driven visa processing

Atlys is building out AI across the visa application pipeline, covering document checks, eligibility, and traveller support.

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Key Resources

Proprietary predictive-analytics engine

Atlys has built an in-house engine trained on historical application data that forecasts visa processing timelines, growing more accurate as the volume of processed visas scales.

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In-house team of ex-consulate visa experts

For complex cases such as biometric submissions to the US and UK, Atlys draws on an internal team with years of consulate experience to guide applicants toward optimized, rejection-resistant submissions.

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In-house proprietary application tooling

Atlys has built its own product tools rather than relying on generic form software, including an AI-powered mock interview tool for US visa applicants and a step-by-step live-stream application funnel.

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Key Partnerships

MakeMyTrip strategic investment

India's largest online travel agency MakeMyTrip invested in Atlys as part of its Series C.

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Revenue Streams

Per-application service fee

Atlys charges a service fee on top of the government visa fee, priced by origin/destination.

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UK-market service fee£25–£30 per application

For UK-originating applications, Atlys charges a fee separate from the government visa cost.

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Cost Structure

Operating expenses far outpace revenue (FY25)₹91.9 Cr FY25 expenses vs ₹31.8 Cr revenue

Atlys spent roughly ₹91.9 crore against ₹31.8 crore of revenue in FY25, leaving a net loss of about ₹60.1 crore -- a cost base still running close to 3x revenue as the company invests in growth and AI infrastructure.

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Employee equity buyback as a talent-retention cost₹4 crore ESOP buyback

Atlys ran its first-ever ESOP buyback, paying out ₹4 crore so eligible employees could cash in part of their vested stock options -- a direct cash cost tied to retaining talent.

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FAQs on Atlys

What is Atlys's business model?

Atlys's core value proposition centers on Radically faster visa processing, Lower rejection rates, near-instant processing.

How does Atlys make money?

Atlys's cited revenue streams include Per-application service fee, UK-market service fee.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: entrackr.com www.forbes.com · Last verified 17 Oct 2026. · Report a correction