Scapia, a Bengaluru-based travel fintech startup, has raised $40 million in a Series B funding round led by Peak XV Partners, with participation from Elevation Capital, Z47, and 3STATE Capital.
The fresh capital comes as India’s younger demographic is embracing travel-centric financial products, positioning the startup for rapid expansion in a fast-evolving market.
Founded by Anil Goteti, a former Flipkart executive, Scapia has quickly emerged as a preferred travel and credit card platform for Gen Z and millennial users. The startup said it would use the new funds to bolster its team, enhance its product offerings, integrate artificial intelligence across…
