Introduction
In August 2025, Mumbai-based StampMyVisa (SMV) announced the acquisition of Teleport, a Bangalore-based travel-tech startup.
This strategic move combines SMV’s scalable, AI-driven visa infrastructure with Teleport’s youth-focused, digital-first platform.
Backed by leading entrepreneurs like Kunal Shah (CRED), Vidit Aatrey (Meesho), and Phanindra Sama (RedBus), Teleport gained popularity for simplifying visa applications for young, tech-savvy travelers.
With the deal, SMV aims to expand across South Asia and Southeast Asia while improving the traveler experience through advanced technology.
About StampMyVisa
Founded in 2023 by Pravin Wadekar, Amey Anekar, and Rahul Borude, StampMyVisa has rapidly become a leading B2B visa solutions provider. Based in Mumbai, the company focuses on AI-driven visa processing, offering services to travel agencies, banks, fintech firms, and other enterprises.
- Founded: 2023
- Founders: Pravin Wadekar, Amey Anekar, Rahul Borude
- Headquarters: Mumbai, India
- Specialization: AI-powered visa processing for B2B clients
SMV is a leading B2B visa solutions provider, serving travel agencies, banks, fintech companies, and other enterprises.
Key Innovation:
- Konveyor API – A developer-friendly integration that lets businesses embed visa processing directly into their platforms.
- Benefits: Fast, accurate, large-scale processing with high compliance standards.
About Teleport
Founded in 2022 by Nikita Dresswala, Teleport emerged as a digital-first visa application platform designed with young, tech-savvy travelers in mind. By offering a streamlined, mobile-friendly process, Teleport quickly captured attention in India’s competitive travel-tech space.
- Founded: 2022
- Founder: Nikita Dresswala
- Headquarters: Bangalore, India
- Focus: Digital-first visa applications for young travelers
Key Strengths of Teleport:
- Mobile-friendly application process
- Transparent pricing
- Quick documentation workflows
Notable Investors:
- Kunal Shah – Founder of CRED
- Vidit Aatrey – Co-founder of Meesho
- Phanindra Sama – Founder of RedBus
Teleport quickly became a favorite among Gen Z and millennial travelers by removing the complexities from visa applications.
Details of the Acquisition
While the financial terms of the deal remain undisclosed, the acquisition is part of SMV’s broader strategy to merge enterprise-grade visa infrastructure with consumer-facing innovation.
“We’re proud to acquire a startup built by my former colleague from CRED. Teleport’s consumer innovation aligns perfectly with our vision to make visa processing as simple as booking a flight,” said Rahul Borude, CEO of StampMyVisa.
Nikita Dresswala, founder of Teleport, shared:
“StampMyVisa is the ideal partner to scale our mission. Together, we can reimagine travel for the next generation of explorers by combining our technology with SMV’s reach.”
Strategic Benefits & Synergies
Benefits to StampMyVisa
- Access to Teleport’s strong brand among younger travelers.
- Enhanced user experience for B2C segments.
- Faster integration of consumer-focused features into Konveyor API.
Benefits to Teleport
- Leverage SMV’s operational infrastructure and enterprise partnerships.
- Expansion beyond India into Southeast Asian markets.
- Increased resources for R&D and platform enhancements.
Market Impact & Industry Context
The travel-tech industry in India and Southeast Asia is poised for rapid growth, driven by rising disposable incomes and cross-border tourism. However, visa processing remains a major bottleneck for many travelers. This acquisition positions SMV to bridge that gap with end-to-end digital solutions.
With competitors focusing mainly on ticketing and accommodation, SMV’s specialization in visa services gives it a unique competitive advantage. By combining consumer engagement with backend scalability, SMV could become the go-to platform for both individual travelers and corporate clients.
Future Plans
Post-acquisition, SMV has revealed plans to raise $3 million to fuel its next growth phase. The funds will be allocated toward:
- Geographic expansion in South India and Southeast Asia.
- New features for the Konveyor API.
- AI-powered fraud detection and document verification.
- Partnerships with online travel agencies (OTAs), banks, and fintech platforms.
Expert Commentary
Industry analysts believe the deal could set a precedent for other niche travel-tech consolidations. By focusing on a specific pain point—visa processing—SMV avoids competing head-on with larger booking platforms, instead carving out a specialized but high-demand segment.
“Travelers don’t just need flights and hotels—they need frictionless documentation. SMV’s acquisition of Teleport is a strategic play to own that space,” said a travel-tech industry expert.
Conclusion
The StampMyVisa–Teleport acquisition is more than just a merger of two companies—it’s a strategic alignment aimed at making global travel smoother, faster, and more accessible. By combining consumer-first design with enterprise-grade technology, the partnership is poised to reshape how millions of travelers handle visa documentation in the coming years.
