Travel Fintech Startup Scapia Secures $63 Million Funding Round
Scapia has raised $63 million in a fresh funding round led by General Catalyst, with participation from existing investors Peak XV Partners and Z47, as the travel-focused fintech looks to deepen its presence in India’s fast-growing consumer travel and payments market.
The latest investment comes nearly a year after the Bengaluru-based startup raised $40 million in a Series B round led by Peak XV Partners. The company has been expanding its travel and financial services ecosystem targeting Gen Z and millennial consumers through co-branded credit cards, travel bookings, rewards, and AI-driven services.
Founded in 2022 by former Flipkart executive Anil Goteti, Scapia offers a travel-focused credit card in partnership with Federal Bank and BOBCARD. The platform combines travel bookings, rewards, airport privileges, zero forex markup, and travel financing options under a single app experience aimed at younger travelers.
“We are excited to have General Catalyst join us as a partner,...
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