StampMyVisa, a Mumbai, India-based provider of an AI powered platform for the B2B travel sector, raised INR 6.6 crore in a Pre-Series A round funding.
Unicorn India Ventures made the investment.
The company intends to use the funds to expand its 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.
Led by CEO Rahul Borude, StampMyVisa is an AI-powered platform that simplifies the complex visa application process for businesses. Specialising in B2B travel, the platform helps corporates, travel agents, MICE companies, and OTAs streamline and automate visa processing, ensuring faster approvals, reduced errors, and enhanced global compliance.
The company, in the last 12 months, has grown over 7x and has scaled up from 50 Visa a day to 350 Visa a day. They aim to reach a million visas processing annually in the next 12 – 18 months.
FinSMEs
12/11/2024