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StampMyVisa raised INR 6.6 crore in a pre-Series A funding round led by Unicorn India Ventures to enhance its AI capabilities and expand its services in the B2B travel market.

Nov 12, 202410 months ago

Amount Raised

₹66 Million

Round Type

series a

MumbaiArtificial IntelligenceTravelInformation Technology

Investors

Unicorn India Ventures

Description

StampMyVisa, an AI-powered visa processing platform, has secured INR 6.6 crore to improve its platform and expand its reach in the B2B travel sector. The investment will support new innovations aimed at streamlining the visa application process for travel agencies and corporate clients.

Company Information

Company

StampMyVisa

Location

Mumbai, Maharashtra, India

About

StampMyVisa is an AI-powered visa processing platform focused on simplifying the visa application process for B2B clients like travel agencies and corporate travel departments. The platform uses advanced AI technology to streamline visa applications, significantly reducing processing errors and ensuring compliance. As a rapidly growing company, StampMyVisa aims to process a million visas annually and expand its services across India. It has introduced innovative features such as SMV Protect Insurance and a travel eSIM to enhance client offerings.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech