StampMyVisa, an AI-based B2B visa processing startup, has also managed to raise ₹4 crore in a bridge funding round in a major step towards the travel-tech industry. The existing investor, Unicorn India Ventures (UIV), led the capital injection, indicating high belief in the technology and market strategy of the startup. This new round of funding will provide StampMyVisa with a rapid growth path as it gears up to raise a massive Series A round.

Capital infusion and market expansion

Unicorn India Ventures is a ₹4 crore investment in the startup, but it is not the first time that the company has raised funds in this amount: a ₹6.6 crore round had already been raised by the company in November 2024, also led by UIV. This follow-up investment emphasises the strategic alliance of the two organisations and the faith of the investor in the start-up to transform the traditionally manual sector.

StampMyVisa has been performing well in the market and has registered a magnificent 4X growth in revenues. Such a rapid expansion justifies the necessity of its technology-based solution and its successful experience in simplifying the complicated visa application procedure. The new capital is now being used by the company to focus on raising a larger Series A round of capital to drive the next wave of growth.

The new capital that has been raised will be used in major strategic projects to strengthen its market and work capabilities. The funds will mainly be used to focus on growth, marketing and most importantly, to facilitate the purchase of Teleport. Recently, StampMyVisa has finalised the acquisition of Teleport with the express intention of extending its operation in South India, which has immense potential for its B2B services.

The startup has also indicated that it will expand internationally. The platform that now allows travel agents, corporates, Online Travel Agencies (OTAs) and MICE (Meetings, Incentives, Conferences, and Exhibitions) to order visas to more than 80 countries is currently invading GCC countries. This is a direct sign of how StampMyVisa hopes to become a visa processing ecosystem leader in the world.

Value proposition and premium offerings

The main value proposition of StampMyVisa is that it uses the power of Artificial Intelligence to address a long-standing travel ache in international travel. The company developed an AI-powered proprietary software called Nucleus to address this issue. This internal technology has improved the visa processing power of the company, reducing the possibility of expensive human mistakes.

The startup has also introduced new premium services that aim to offer more comfort and certainty to travellers, in addition to its B2B platform. These add-on services would be a move towards alleviating the usual traveller fears on foreign visits.

The trip Protection Insurance (SMV Insure) is an insurance that ensures that in case a visa is denied to the traveller, StampMyVisa would repay the full booking value to the traveller; and this would give him a financial cushion and peace of mind.

The product, SMV Global, can solve the problem of international connectivity by providing global internet access via the proprietary eSIM Product of StampMyVisa. This solution has affordable and unlimited connectivity, and it boasts of being 40% cheaper as compared to the regular international roaming services offered by conventional telecom providers.

Conclusion

The success of the ₹4 crore bridge round by Unicorn India Ventures into StampMyVisa validates the fact that the market is interested in smart solutions automating and de-risking complex processes of administration. With the help of its own AI software, called Nucleus, the start-up has shown an astronomical efficiency increase and an almost 100% success rate. Combined with strategic acquisitions such as Teleport, expansion into the GCC and launch of traveller-focused products such as SMV Insure and SMV Global, StampMyVisa is strongly placed to take advantage of the booming outbound travel market in India and rebrand the global benchmark of B2B visa processing.