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You are here: Home / Category / Scapia Raises $63 Million to Power AI‑Driven Travel Fintech Expansion

Scapia Raises $63 Million to Power AI‑Driven Travel Fintech Expansion

Dated: May 25, 2026

Bengaluru, May 25, 2026 – Scapia, a travel‑focused fintech startup, has secured $63 million in fresh funding led by General Catalyst, with participation from existing investors Peak XV Partners and Z47. The latest round brings Scapia’s total funding to $135 million, underscoring growing investor confidence in its AI‑first travel ecosystem.

Founded in 2022 by Anil Goteti, former Flipkart executive, Scapia plans to use the new capital to expand its customer base across India and strengthen its AI‑driven product and organisational strategy. Goteti said the continued backing from investors validates the company’s vision of building a comprehensive travel‑fintech platform for a generation that treats travel as a way of life.

Scapia offers co‑branded credit cards with Federal Bank and BOBCARD, and has seen flight bookings grow five‑to‑six times and hotel stays eightfold over the past year. Tier‑2 and Tier‑3 cities now contribute a significant share of its bookings, reflecting India’s expanding travel appetite.

The startup also became the first in India to launch a dual‑network co‑branded credit card spanning both Visa and RuPay, while expanding into rewards‑led UPI payments, airport privileges, and travel experiences.

According to Neeraj Arora, CEO India & MENA at General Catalyst, Scapia represents the next wave of consumer innovation in India — building around new behaviours rather than digitising old ones. With its AI‑powered approach and strong traction, Scapia is positioning itself as a full‑stack travel‑fintech platform redefining how Indians experience travel.

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