Scapia, a Bengaluru‑based fintech startup, has raised $63 million in a funding round co‑led by General Catalyst, Peak XV Partners, and Z47 Ventures, marking one of the largest investments in India’s travel‑focused financial technology sector this year.
Founded by Anil Goteti, former senior executive at Flipkart, Scapia offers a co‑branded credit card and app that combine travel rewards with seamless digital banking. The new capital will help the company scale its product suite, strengthen partnerships with banks and travel platforms, and accelerate customer acquisition across India.
The funding round underscores growing investor confidence in India’s fintech‑travel crossover market, which continues to expand as consumers seek integrated financial tools for lifestyle and travel management. Scapia’s platform allows users to earn points redeemable for flights and hotel stays, while offering instant approvals and zero‑forex‑fee transactions for international travel.
Goteti said the investment will enable Scapia to “build a world‑class travel and payments ecosystem that simplifies how people explore the world.” Investors highlighted the company’s strong traction and potential to redefine digital credit experiences for India’s young, mobile‑first population.
With this funding, Scapia plans to enhance its technology infrastructure, expand its user base, and introduce new features aimed at making travel more accessible and rewarding for millions of Indian consumers.
