Led by current supporter Unicorn India Ventures, StampMyVisa has reported the successful completion of a ₹4 crore bridge financing round. The money will be used to expedite the company’s growth trajectory, strengthen its technological stack, and support its recent acquisition efforts.
Established in 2017 by Rahul Borude
Underpins a bigger development plan, StampMyVisa aims to extend its services in front of its scheduled Series A round by means of a fresh capital infusion. Include built fintech infrastructure designed for small- and medium-enterprise (SME) business-travel use-cases, including integrated credit and payment solutions in the Gulf Cooperation Council (GCC) region. Performance of the firm is significantly driven by its own AI engine, known as ‘Nucleus’, which automates approval-probability scoring and document processing, thereby minimizing dependence on manual processes and cutting turnaround.
Compared to multi-day industry standards, StampMyVisa says that around 80% of applications may now be resolved within five minutes of submission. Regarding the investment, Unicorn India Ventures’ managing partner Anil Joshi underlined that, given that over a third of historically rejections come from human error. “We believe StampMyVisa is tackling an ignored travel tech pain-point when intelligence is used appropriately,” he said.
Also being incorporated with the bridge capital to speed its acquisition of the travel-tech company Teleport (supported by entrepreneur Kunal Shah), StampMyVisa ’ s recent acquisition enhances the service offering and has a footprint in southern India.
ALSO READ: WestBridge Leads $16 Million Pre-Series B for AI Edtech SpeakX
The firm positions itself to profit from increasing outbound travel for business, education, and entertainment as the Indian travel and mobility industry changes fast. Its next stage will see whether the platform can turn operational scale into long-term income and more advanced enterprise-grade productisation.
