B2B Visa Startup StampMyVisa Raises Funding from Unicorn India Ventures

Unicorn India Ventures led a pre-Series A investment round that saw StampMyVisa, a business-to-business (B2B) visa portal, raise Rs 6.6 crore.

According to a StampMyVisa press release, the new funding will be utilized to aid in the company's quick growth, improve AI capabilities, and allow it to launch cutting-edge services that revolutionize how companies handle international travel and visa procedures for Indians going overseas.

Read also - Ugaoo Secures INR 47 cr Series A Funding From V3 Ventures

The AI-powered platform StampMyVisa, which was founded by Rahul Borude and Pravin Wadekar, streamlines the difficult visa application process for companies. The platform, which focuses on business-to-business travel, helps corporates, travel agencies, MICE firms, and online travel agencies streamline and automate visa processing. This ensures quicker approvals, fewer mistakes, and improved compliance worldwide. 

According to StampMyVisa, in the past 12 months, the company has more than doubled in size, processing hundreds of visas every day while maintaining total adherence to international laws. Along with improving the client experience, the firm intends to launch additional products that will establish itself as a one-stop shop for all things related to international travel, including eSIMs, travel insurance, and visa processing. 

Prior investments by Unicorn India Ventures have included Sequretek, Pharmarack, Open Bank, and SmartCoin. It is now investing Rs 1,000 crore in Fund III to help the upcoming generation of cutting-edge digital platforms.

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