Scapia closes $63M Series C led by General Catalyst to scale travel card and AI marketplace
Bengaluru-based travel fintech Scapia raised $63M in Series C from General Catalyst, with Peak XV and Z47 joining. Capital will fund its in-house Scapia Store marketplace, AI tooling, and co-branded card tie-ups with BOBCARD, Federal Bank, RuPay and Visa. Flight bookings grew 5-6x, stays 8x, with 80-85% domestic travel spend.
What happened
Travel fintech Scapia raised $63 million Series C led by General Catalyst, with Peak XV and Z47 participating. Funds will scale travel products, in-house Scapia
Key facts
- $63 million
- $40 million
- 5-6x flight bookings growth
- 8x stays growth
- 80-85% domestic travel spend
Why this matters
Scapia's tie-ups with BOBCARD, Federal Bank, RuPay and Visa create a partnership template worth studying for any issuer or OTA seeking to embed loyalty economics into co-branded travel products.