Scapia, a travel fintech firm in Bengaluru, on Thursday said it has secured $40 million in Series B funding led by Peak XV Partners, with participation from existing investors, Elevation Capital, Z47, and 3STATE Capital.
The funding would enable Scapia to strengthen its team, enhance its product offerings, harness the power of AI and accelerate its ambitious growth plans, the company said.
“Over the past three years, we have focussed on creating exceptional travel products, forging strong banking partnerships, and building a talented team. This has rapidly positioned Scapia as the preferred co-branded card and travel app for Gen Z and Millennials in India,’‘ said Anil Goteti, Founder & CEO of Scapia.
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Published – April 04, 2025 09:56 pm IST
