StampMyVisa acquires Kunal Shah-backed traveltech startup Teleport

StampMyVisa, a B2B visa platform, has acquired Teleport, a new-age traveltech startup backed by top Indian startup founders, including Kunal Shah (CRED), Vidit Aatrey (Meesho), and Phanindra Sama (RedBus).

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“This moment feels like coming full circle — from being part of CRED’s early team to now acquiring a startup backed by Kunal Shah. Teleport has built a loyal user base and strong brand affinity among young Indian travelers. With this acquisition, we are bringing together the best of both worlds: Teleport’s consumer innovation and SMV’s scalable visa infrastructure,” said StampMyVisa’s Co-founder & CEO Rahul Borude.

Nikita Dresswala, Founder, Teleport, added, “We built Teleport to reimagine global travel for new-age independent Indian explorers. In StampMyVisa, we’ve found the right partner to scale this mission. With their B2B muscle and deep visa expertise, we’re set to create the most seamless and trusted visa experience in the country.”

Co-founder Pravin Wadekar, a MakeMyTrip alumnus with over 15 years of hands-on experience in visa and immigration, has led large-scale visa operations and partnerships, giving SMV a strong backbone in service reliability.

Founded in 2023, StampMyVisa has grown rapidly by solving a complex yet critical travel pain point — visa processing. The platform enables travel agents, corporates, OTAs, and MICE companies to process visas for over 60+ countries, with a 99.5% success rate.

In six months, the startup has processed 50,000+ visas and scaled revenue 4X in eight months alone. SMV is currently in advanced talks to raise $3 million to fuel its next phase of growth.