Scapia bags $63M Series C led by General Catalyst to scale AI travel fintech
Travel fintech Scapia raised $63M Series C led by General Catalyst with Peak XV, Z47 and Matrix participating. Funds back co-branded credit cards with Federal Bank and Bank of Baroda, AI-native products, and Gen Z travel push. FY25 revenue ₹40.4 cr against ₹83.1 cr loss; user base up 8x, hotel bookings 10-15x YoY.
Travel fintech Scapia raised $63M Series C led by General Catalyst to scale its co-branded credit card and travel marketplace business, invest in AI-native products, and add new bank partners targeting Gen Z and millennial consumers in India.
Why this matters
Scapia's $63M Series C marks a step-up from earlier rounds, backing its credit card partnerships with Federal Bank and Bank of Baroda and an AI-led pivot as user base scales 8x.
Retail-company signals steady at 768 in last 90d, signaling sustained funding and expansion activity.
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