In a notable development for the travel-tech ecosystem, StampMyVisa Secures ₹4 Crore Funding Round, led by existing investor Unicorn India Ventures (UIV). This investment builds on UIV’s earlier seed round of ₹6.6 crore in November 2024, signalling continuity and growing confidence in the founder team.
The fresh capital will be deployed to fuel growth, marketing, and to support the company’s recent acquisition of travel-tech startup Teleport, a move aimed at bolstering StampMyVisa’s presence in South India. Operationally, the company is reporting strong momentum: a 4× year-on-year revenue growth, a visa success rate of 99.5%, and over 75,000 visas processed in the past six months.
With the round, StampMyVisa is also preparing for a larger Series A round next financial year, positioning itself to scale in new geographies and expand product offerings.
2. The Startup’s Working Model
2.1 Business Focus & Service Model
StampMyVisa operates as a B2B visa processing platform focusing on travel agents, corporates, OTAs (online travel agents), and MICE (meetings, incentives, conferences & exhibitions) firms. It leverages AI-powered automation to streamline visa documentation, approval workflows and processing for over 80 countries.
2.2 Revenue Model
Revenue flows come from platform usage fees, service-fees for visa processing, and premium offerings (e.g., insurance for visa rejection, global connectivity services). These generate recurring and transactional income streams.
2.3 Funding Strategy & Capital Use
The bridge round of ₹4 crore will be used for marketing, growth expansion and supporting the Teleport acquisition. It paves the way toward a larger Series A fundraising next year.
3. Founders & Background
Founded by Rahul Borude (Co-founder & CEO) along with others, the company behind StampMyVisa Secures ₹4 Crore Funding Round tackles the tedious, error-prone visa-processing workflow. Rahul notes that although outbound travel by Indians for work, study, and leisure is rising, the visa process remains “last-mile” manual and inefficient.
Their in-house AI engine, called “Nucleus”, automates paperwork, validates documents and aims to reduce rejections that are reportedly due to human error in over 35% of cases.
4. Services & Products
4.1 Visa Processing Platform
StampMyVisa’s core service: enabling visa filing, review, approval tracking across 80+ countries for its business-clients.
4.2 Premium Add-ons
- SMV Insure: Insurance product that refunds booking value if visa gets rejected.
- SMV Global: Proprietary eSIM service offering international connectivity at ~40% cheaper cost than regular roaming.
4.3 Acquisition of Teleport
The company acquired Teleport (a travel-tech startup) to expand operations in South India and further integrate travel document workflows.
5. Problem Addressed
The global visa-processing ecosystem is riddled with manual intervention, errors, delays and cost overruns. StampMyVisa aims to:
- Minimise rejections caused by human error and paperwork delays.
- Rapidly process applications (targeting 80% of visas within 5 minutes vs industry average ~2 days) via automation.
- Offer business clients scaleable, compliant processing across multiple geographies.
- Provide value-added services (connectivity, insurance) to differentiate and deepen engagement.
6. Industry Growth & Trends
- Outbound travel from India (for work, study, PCC, tourism) is increasing steadily due to economic growth and global mobility.
- The travel-tech segment and B2B visa processing market are ripe for disruption, as automation, AI and cloud workflows replace legacy, manual methods.
- Investors are paying greater attention to deep tech + travel scale-ups, where global volumes + localisation are success factors.
- With cross-border movement and regulatory complexity rising, solutions offering speed, compliance and automation are gaining dominance.
7. Competitive Landscape
7.1 Direct Competitors
- Atlys – A visa assistance platform.
- Visa2Fly – Another player in visa documentation & assistance.
- StampThePassport – Competes in the visa-tech enablement space.
7.2 Indirect / Adjacent Players
- Corporate travel-management firms, OTAs that offer visa services as part of bundled travel.
- Travel-tech startups offering eSIM, international roaming, trip insurance, fintech for travel.
- Traditional visa-agent networks, often highly manual and regionally fragmented.
7.3 StampMyVisa’s Edge
With AI-driven automation (“Nucleus”), ultra-high reported success rate (99.5%) and volume scale (75,000+ visas processed in six months), the company is carving out a strong position in the business travel & visa automation niche.
8. Journey & Background Story
Founded to solve an acute pain point in global travel, the friction of visa documentation, StampMyVisa built its platform around AI and B2B scale-processing. With StampMyVisa Secures ₹4 Crore Funding Round, the startup aims to accelerate its growth beyond early product build and market validation made possible by its earlier ₹6.6 crore seed funding led by UIV in November 2024.
Fast-forward to 2025, with outbound mobility increasing and digital workflows improving, StampMyVisa executed the acquisition of Teleport in August to deepen its regional footprint and broaden its service model. The bridge round of ₹4 crore now provides the runway for its next growth sprint, as it gears up for Series A.
The founders recognised that while most travel-tech innovation focuses on bookings, flights or hotels, the visa segment remains underserved manual, error-prone and slow. By addressing this “last mile” of travel logistics with AI, StampMyVisa is positioning itself as a platform-enabler for business and travel integrators across geographies.
9. Future Outlook
StampMyVisa is well-positioned for growth:
- Geographical expansion planned into GCC (Gulf Cooperation Council) markets, offering new growth engines.
- Fintech infrastructure roadmap: embedding payments and credit solutions for SMEs in travel and global mobility.
- Scaling the platform to improve processing speed further (targeting processing 80% of applications in five minutes).
- Using acquisitions and product expansion (eSIM, insurance) to deepen sticky relationships with corporate clients and travel agents.
If executed well, the company could reshape how business travel and visa-processing are handled in India and beyond.
10. Learning for Startups and Entrepreneurs
From StampMyVisa’s story, several lessons emerge:
- Target a specific pain-point – They identified visa processing as an overlooked “last mile” in travel.
- Leverage technology for scale and reliability – AI via “Nucleus” solves what manual agents struggle with.
- Build for B2B and scale – Serving travel agents/OTAs allows volume scale rather than one-off consumer transactions.
- Use acquisitions strategically – The purchase of Teleport strengthens regional footprint and service scope.
- Stay fund-ready – The bridge round gives runway and credibility ahead of a Series A.
- Extend offerings – Beyond core service, the startup added insurance and connectivity services, enhancing customer value and stickiness.
About Foundlanes
At foundlanes.com is a dedicated platform that tracks and highlights innovations, funding rounds and scale-ups across India and globally. With the travel-tech segment gaining momentum, our coverage of startups like StampMyVisa sheds light on how automation and AI are transforming business travel infrastructure. We continue to bring you stories of emerging startups, growth strategies and investment trends at the intersection of technology and enterprise solutions.