StampMyVisa, an AI-powered B2B visa platform, has raised ₹6.6 crore in its pre-Series A funding round led by Unicorn India Ventures.
The freshly raised funds will be used for its rapid expansion, enhance its AI capabilities, and enable the company to introduce innovative services that will redefine how businesses manage international travel and visa processes for Indians travelling abroad.
The newly raised funds will also be deployed to expand StampMyVisa’s geographical footprint across India, enhance its AI-driven technology, and launch next-generation products, including SMV Protect Insurance (a unique offering that refunds visa fees in case of rejection) and Travel eSIMs, providing further value to the platform’s customers.
Rahul Borude, Co-founder & CEO, StampMyVisa, said, “The travel sector is on the cusp of a major shift. We’re seeing a rapidly growing middle class in India with an increasing appetite for global experiences. AI will revolutionise the way Indians manage visas while helping businesses scale effortlessly and empowering millions of new travellers to explore the world. We’re not just building a platform for today’s needs; we’re creating the infrastructure that will support the next wave of global travel.”
Anil Joshi, Managing Partner, Unicorn India Ventures, commented on the investment, “Indian travellers are venturing abroad like never before, and the need for seamless, scalable, and digitised solutions in visa processing is critical. StampMyVisa is filling a major gap in the fragmented B2B market by offering a transparent, efficient, and future-proof platform. We believe the company’s AI-powered approach will redefine how businesses manage global mobility, and we are excited to back them in their journey and help visa application process simple and human error free.”
In just one year, StampMyVisa has achieved impressive growth, scaling 7X. The company is on track to hit a million visas annually in the next 12–18 months, positioning itself as a dominant player in the growing visa processing market.