Bengaluru-based travel fintech company Scapia has raised $63 million in a new funding round led by General Catalyst, with participation from Peak XV Partners and Z47, as it looks to scale its AI-powered travel and financial services platform across India.
Founded in 2022 by Anil Goteti, Scapia operates a travel-focused fintech ecosystem that integrates credit cards, payments, and travel booking services into a single platform. The company partners with banks such as Federal Bank and BOBCARD to offer co-branded credit cards designed for frequent travellers.
Scapia said the new funding will be used to expand its engineering, design, and data teams, while accelerating the development of AI-driven features aimed at improving personalization, automation, and user experience. The company also plans to strengthen its banking partnerships and expand its product suite across lending, rewards, and travel services.
The platform enables users to book flights, hotels, buses, and trains while earning and redeeming rewards through travel-linked credit cards. It also offers features such as lounge access, zero forex markup, and integrated payment tools tailored for younger, digitally active consumers.
According to the company, adoption has grown rapidly, particularly in Tier II and Tier III cities, with rising demand for travel-focused credit products among younger users. Scapia says engagement levels are high, with frequent card usage and recurring travel-related spending driving platform activity.
The company is also expanding its AI-first strategy, aiming to improve decision-making, automate user experiences, and create more personalized travel recommendations. It believes this approach will position it strongly in India’s evolving consumer fintech landscape.
Scapia’s leadership said the investment reflects growing demand for integrated travel and financial platforms, where users increasingly expect seamless digital experiences that combine payments, rewards, and travel planning in one ecosystem.
