New Delhi, Oct. 29 -- AI-powered B2B visa processing firm StampMyVisa (SMV) has raised a Rs.4 crore bridge round led by existing investor Unicorn India Ventures (UIV). The capital will fund growth, marketing and support SMV's recent acquisition of Teleport as the company prepares for a larger Series A. SMV reports 4X revenue growth, a 99.5% visa success rate and more than 75,000 visas processed in the past six months.

Unicorn India Ventures led the bridge financing; UIV previously invested Rs.6.6 crore in SMV's seed round last year. SMV says the bridge capital will be used to accelerate go-to-market activities, support the Teleport integration to bolster South India operations, and prepare the business for a larger Series A in the next f...