StampMyVisa has secured Rs 6.6 crore (approximately US$782,000) in a pre-Series A funding round led by Unicorn India Ventures. The startup plans to use the funding to fuel its rapid growth, enhance its AI capabilities, and roll out new services aimed at redefining the way businesses manage international travel and visa processing for Indian travelers.

StampMyVisa simplifies the often-complex visa application process through its AI-driven platform. Focused on the B2B travel sector, the platform helps corporates, travel agents, MICE companies, and OTAs streamline and automate visa applications, resulting in faster approvals, fewer errors, and better global compliance.

The company has seen impressive growth, scaling sevenfold, and is projected to process over a million visas annually within the next 12 to 18 months.

In addition to expanding its reach across India, StampMyVisa plans to enhance its AI technology and introduce next-generation products, such as SMV Protect Insurance, which reimburses visa fees if applications are rejected, and Travel eSIMs, adding further value to customers.

With the global e-Visa market expected to grow at a compound annual growth rate (CAGR) of 11.1%, from $1.03 billion in 2024 to $2.4 billion by 2032, StampMyVisa aims to capitalize on this trend. Through its innovative AI solutions, the company seeks to capture a significant share of this rapidly expanding market.