In a move that’s turning heads across the startup world, StampMyVisa has acquired Teleport, a buzzy traveltech startup backed by some of India’s most legendary founders — including CRED’s Kunal Shah, Meesho’s Vidit Aatrey, and RedBus’ Phanindra Sama.
Yes, you read that right. A company co-founded by a former CRED team member just snapped up a startup backed by his ex-boss.
And it could shake up how Indians get their visas — permanently.
What Just Happened?
StampMyVisa (SMV), a rapidly growing B2B visa platform, has confirmed its acquisition of Teleport, a traveltech brand that’s won serious attention from Gen Z and millennial travelers in India.
Teleport built its brand on making global travel simpler and cooler for new-age Indian explorers. Now, with SMV’s visa muscle behind it, the plan is to go bigger, faster, and broader.
From CRED to This? The Full Circle Moment
Rahul Borude, co-founder and CEO of StampMyVisa, didn’t miss the poetic twist:
“This feels like coming full circle — from being part of CRED’s early team to now acquiring a startup backed by Kunal Shah.”
Borude knows the travel industry’s biggest pain point — visa chaos. And now, he’s combining Teleport’s consumer-first design with SMV’s back-end visa infrastructure to create what he calls “the most seamless and trusted visa experience in the country.”
Teleport’s Mission: Reinvent Travel for Young India
Nikita Dresswala, founder of Teleport, built the brand to serve independent Indian travelers who don’t want to deal with confusing paperwork or traditional visa agents.
“We built Teleport to reimagine global travel for the new-age Indian explorer,” she said. “With SMV, we can now scale that dream with a solid backend and industry expertise.”
And that’s exactly where SMV shines.
The Secret Weapon: 50,000+ Visas and Counting
StampMyVisa might not be flashy, but its numbers speak volumes:
- Founded in 2023
- 50,000+ visas processed
- 4X revenue growth in just 8 months
- 99.5% success rate
- Supports visa processing for 60+ countries
Whether it’s a travel agent, an OTA, or a large MICE operator, SMV is already powering a big chunk of India’s outbound travel — without most people even realizing it.
Why This Acquisition Matters
This isn’t just a startup buying another startup.
It’s about blending consumer DNA with operational firepower. With Pravin Wadekar — a MakeMyTrip veteran — leading ops and partnerships, SMV has a proven backbone in large-scale visa execution.
Teleport, on the other hand, brings in the young, mobile-first user base and a brand travelers love. Together, they’re aiming to build India’s go-to platform for all things visa.
And with $3 million in funding on the horizon, things are just heating up.
The Big Picture
India’s outbound travel market is exploding. But visa hurdles remain the biggest friction point — and the most ignored.
StampMyVisa is positioning itself as the invisible engine behind seamless global travel. And by acquiring a consumer darling like Teleport, it’s set to bridge the gap between bureaucracy and experience.
This isn’t just an acquisition. It’s a blueprint for how India’s next wave of traveltech startups will operate — fast, smart, and experience-first.
