Mumbai | 13 August 2025: StampMyVisa (SMV), India’s fastest-growing B2B visa platform, has announced the acquisition of Teleport, a next-generation travel tech startup backed by some of the country’s most prominent entrepreneurs — Kunal Shah (Founder, CRED), Vidit Aatrey (Co-Founder & CEO, Meesho), and Phanindra Sama (Founder, RedBus). Teleport has built a strong presence in South India and carved a loyal following among young Indian travellers.
The strategic deal combines Teleport’s consumer-focused, digital-first DNA with StampMyVisa’s scale-ready visa infrastructure, setting the stage for a unified platform capable of serving both B2B partners and end consumers with unmatched speed, accuracy, and convenience.
“This feels like coming full circle,” said Rahul Borude, Co-Founder & CEO of StampMyVisa and an early member of CRED’s founding team. “From my time building alongside Kunal Shah to now acquiring a company he has backed — it’s a special moment. Teleport’s strong brand affinity with young explorers fits perfectly with our mission to create the most seamless and trusted visa experience in the market.”
Nikita Dresswala, Founder of Teleport, added:
“We built Teleport to reimagine global travel for India’s new-age, independent explorers. In SMV, we’ve found the right partner to scale that vision. Their B2B strength and category expertise will allow us to reach more travellers while keeping our product experience world-class.”
The Team Powering SMV’s Rapid Rise
- Rahul Borude, Co-Founder & CEO – Formerly part of CRED’s early team; deep experience in scaling consumer-first products.
- Pravin Wadekar, Co-Founder – MakeMyTrip alumnus with 15+ years in visa operations and global partnerships.
- Dhaval Mehta, CFO – Former Associate Director of Finance at Jupiter (neobank), specialising in fintech, lending, and regulated products.
Category Leadership in Visa Services
Founded in 2023, SMV has rapidly scaled by addressing one of travel’s most complex pain points — visa processing. Today, the platform enables travel agents, corporates, OTAs, and MICE companies to process visas for 60+ countries with an industry-leading 99.5% success rate.
In just eight months, SMV has:
- Processed 50,000+ visas
- Grown revenue 4X
- Built partnerships with 1000+ B2B clients across India
The company is now in advanced talks to raise $3 million to accelerate growth and expand into Southeast Asia.
Pioneering the API Era of Visa Services
SMV is one of the world’s first companies to launch an API infrastructure for visa processing through its developer product Konveyor. This breakthrough enables travel platforms, banks, OTAs, and fintechs to embed visa services directly into their own digital ecosystems — a game-changing move that integrates global travel access into everyday consumer journeys.
Why This Acquisition Matters
By merging Teleport’s youth-centric innovation with SMV’s AI-powered, B2B-first infrastructure, the combined entity is poised to:
- Deepen market penetration in South India
- Offer end-to-end visa processing with unmatched turnaround times
- Expand API-led distribution to global partners
- Build India’s most comprehensive digital visa tech stack
About StampMyVisa
StampMyVisa is an AI-driven B2B visa platform helping travel agents, corporates, OTAs, and MICE operators simplify, automate, and scale visa operations. Offering faster approvals, reduced errors, and global compliance, SMV is transforming cross-border travel for businesses and consumers alike.
Website: www.stampmyvisa.com
