Scapia bags $63M from General Catalyst to scale AI-led travel commerce stack

Bengaluru-based travel-fintech Scapia raised $63M led by General Catalyst with Peak XV and Z47 participating. Capital will fund AI initiatives, brand build, and product expansion across its Federal Bank and BOBCARD co-branded cards. Flight bookings grew 5-6x, stays 8x, customer base 7x.

— Source publishedThu, 21 May, 2026, 13:30 IST·First seen Thu, 21 May, 2026, 13:32 IST·Source YourStory · Capital

What happened

Bengaluru travel-fintech Scapia raised $63M led by General Catalyst with Peak XV and Z47 participating. Funds will scale AI-led initiatives, brand and product

Key facts

  • $63M
  • 5-6x flight bookings growth
  • 8x stays growth
  • 7x customer base growth

Why this matters

Scapia's deepening Federal Bank and BOBCARD partnerships plus AI commerce ambitions make it a strategic watch-item for card networks, OTAs, and banks seeking co-branded travel distribution.

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