Bengaluru-based travel fintech startup Scapia has raised $63 million in a fresh funding round led by General Catalyst, the company said on Thursday. The round also saw participation from existing investors PeakXV and Z47.
The latest fundraise comes just over a year after Scapia secured $40 million in its Series B round in April 2025, which was led by Peak XV Partners and included participation from Elevation Capital, Z47, and 3STATE Capital.
With the latest infusion, Scapia plans to expand its customer base across India and further develop its AI-led approach to product development and team building, the startup said in a statement.
“This round will help us strengthen our product suite further, bring more value to our customers through more offerings, scale the brand, and bring in the best talent as we double down on building an AI-first culture and product approach. Our focus remains unchanged: building products that help our users travel and lead richer lives,” said Anil Goteti, founder and CEO, Scapia.
The company said that flight bookings on the platform have grown 5-6x year-on-year, while stay bookings have increased 8x, with tier-II and tier-III cities contributing a rising share of overall bookings.
Founded by Anil Goteti, Scapia operates at the intersection of fintech and travel, offering financial products and travel services tailored for young millennials and GenZ, primarily through its co-branded credit cards in partnership with Federal Bank and Bank of Baroda.
Over the last six months, Scapia has introduced a series of new products and features including Scapia Pay, a rewards-first UPI experience; and add-on credit cards and credit card bill payments across all banks via BBPS, the Scapia Store, Scapia Experiences, and more. The company’s rewards, in the form of Scapia Coins, can be earned on domestic spends and redeemed across travel bookings covering flights, trains, buses, stays, experiences, visa services etc.
Scapia said its co-branded credit cards are currently used across more than 17,500 pincodes in India and are accepted by merchants in over 150 countries.
