StampMyVisa (SMV), a leading B2B visa platform, has acquired Teleport, a South India-based travel-tech startup focused on simplifying visa applications for young travellers. Teleport’s backers include prominent Indian startup founders such as Kunal Shah (CRED), Vidit Aatrey (Meesho), and Phanindra Sama (RedBus).
The acquisition represents a major milestone in SMV’s mission to scale and streamline its visa services across India and Southeast Asia. The company aims to combine Teleport’s digital-first, consumer-focused approach with SMV’s robust B2B ecosystem and operational expertise.
Founded in 2023 by Pravin Wadekar, Amey Anekar, and Rahul Borude, StampMyVisa enables travel agents, corporates, OTAs, and MICE companies to process visas for over 60 countries. With a reported 99.5% success rate, the platform has processed over 50,000 visas in just six months. Over the last eight months, SMV’s revenue has quadrupled, highlighting growing market demand. The company is in the final stages of raising $3 million to fuel further expansion.
SMV co-founder and CEO Rahul Borude, formerly with CRED, commented, “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.”
A core strength of SMV is its API platform, Konveyor, which enables travel platforms, banks, OTAs, and fintechs to integrate visa services directly into their apps or websites.
Teleport, founded in 2022 in Mumbai by Nikita Dresswala, was created to make travel visa applications easier. Its platform guides users through the entire process — from application submission to final approval. The startup has raised $507,000 in seed funding from Angel List and other investors.
