Roundup · Mobility & Logistics

Scapia raises $63 million to expand travel services

What they do

Scapia offers co-branded credit cards and a travel app for booking flights and hotels

The company raised approximately ₹600 crore in a fresh funding round led by General Catalyst

Scapia plans to use the funds to build its brand and strengthen its AI technology stack

Scapia has raised ~₹600 Cr ($63 Mn) in a new funding round.
The investment was led by General Catalyst, a prominent global venture capital firm.
This is Scapia's latest raise, bringing its total capital collected to date to $135 Mn.
The startup was founded in 2022 and operates in the travel and financial services space.
Scapia aims to use the fresh capital to bolster its AI stack and product suite.
The company intends to increase its customer base across India using these funds.
Scapia reported an operating revenue of ₹28.7 Cr in FY25, showing strong growth.
The company posted a net loss of ₹83 Cr in FY25, which was a reduction from previous years.

Scapia targets young Indians with integrated travel and financial products.
The market for digital travel and fintech solutions continues to expand rapidly in India.
Investors are backing platforms that combine lifestyle services with financial utility.

Scapia provides co-branded credit cards in partnership with Federal Bank and Bank of Baroda.
It operates a travel app that allows users to book airline tickets and hotels.
The platform facilitates online payments through its integrated financial ecosystem.
Scapia focuses on serving the needs of younger demographics in the Indian market.
The company combines travel bookings with credit card benefits for its users.
Its business model relies on transaction fees and financial product partnerships.
Scapia aims to become a comprehensive lifestyle platform for young consumers.
The company leverages data to personalize travel and financial recommendations.
It seeks to capture market share in both travel booking and credit card segments.

General Catalyst (lead) — A global venture capital firm investing in technology companies.

Product: A travel platform and co-branded credit cards for trip planning and payments.
Customers: Consumers, especially newer and younger travellers in India.
How it makes money: It earns from travel-related transactions and card-based financial services.
What sets it apart: Combines travel services with payment products and a broader travel ecosystem.
Operations: It offers flights, hotels, visas, trains, buses, experiences, and card partnerships with banks.