Zepto's net order value is on track to double to $1 billion in the June quarter from $500 million in late 2025, driven by 1,255 dark stores across 61 cities. The quick commerce player is sharpening profitability with cash burn at Rs 200 per order, ahead of a confidential IPO filing post SEBI's initial nod.

The Hindu BusinessLine · 6/4/2026, 2:27:17 PM

Bengaluru's premium membership quick commerce startup FirstClub raised $55M Series B led by Accel and Peak XV, with Sofina, RTP Global and General Catalyst joining. Capital fuels city expansion, private label rollout and supply chain build-out as it takes on Zepto, Blinkit, Instamart and BigBasket.

Moneycontrol · News Web · 6/4/2026, 11:25:53 AM

Bengaluru-based travel fintech Scapia raised $63M Series C led by General Catalyst, lifting valuation 3X to $539M and total funding to $135M. Operates co-branded travel cards with Federal Bank and Bank of Baroda. FY25 revenue Rs 29 cr against Rs 83 cr net loss; capital earmarked for AI build-out and hiring.

Entrackr · Newsletter · 6/2/2026, 10:10:25 AM

Bengaluru household services startup Pronto raised a $20M extension at a $200M valuation, but a pilot recording staff inside customer homes to train physical AI has sparked a privacy storm. Rivals Urban Company and Snabbit deny similar practices; Pronto says footage is deleted within 48 hours.

Forbes India · 5/25/2026, 10:15:23 AM

Travel fintech Scapia raised $63M in a round led by General Catalyst, with Peak XV and Z47 participating, lifting total funding to $135M. Capital will fuel its co-branded travel credit card, UPI rewards, Scapia Store and AI-native hiring, after 5-6x flight booking growth and 7x customer growth.

The Hindu BusinessLine · 5/21/2026, 10:41:26 AM

Bengaluru-based travel fintech Scapia raised $63M in Series C from General Catalyst, with Peak XV and Z47 joining. Capital will fund its in-house Scapia Store marketplace, AI tooling, and co-branded card tie-ups with BOBCARD, Federal Bank, RuPay and Visa. Flight bookings grew 5-6x, stays 8x, with 80-85% domestic travel spend.

Business Standard · Companies · 5/21/2026, 10:10:33 AM

Bengaluru-based travel-fintech Scapia raised $63M led by General Catalyst with Peak XV and Z47 participating. Capital will fund AI initiatives, brand build, and product expansion across its Federal Bank and BOBCARD co-branded cards. Flight bookings grew 5-6x, stays 8x, customer base 7x.

YourStory · Capital · 5/21/2026, 8:03:07 AM

Travel-fintech Scapia raised $63M led by General Catalyst, lifting total funding to $135M. Founded by ex-Flipkart exec Anil Goteti, the AI-first platform runs co-branded cards with Federal Bank and BOBCARD, posting 5-6x flight booking growth and 8x hotel stays growth, with rising Tier-2/3 traction.

Business Today · Latest · 5/21/2026, 7:28:56 AM

Bengaluru-based travel fintech Scapia raised $63 Mn led by General Catalyst, with Peak XV and Z47 joining. Capital fuels brand building, AI-first product development, and deeper co-branded travel credit card tie-ups with Federal Bank and Bank of Baroda on the Visa rails.

Inc42 · Buzz · 5/21/2026, 7:27:52 AM

Travel-fintech Scapia raised $63M led by General Catalyst, with Peak XV and Z47 joining. The Federal Bank and BOBCARD co-brand card issuer will deploy capital into AI and hiring. Flights volume grew 5-6X and stays 8X, with FY25 revenue at Rs 29 cr versus Rs 17 cr in FY24; net loss narrowed marginally to Rs 83 cr.

Entrackr · Newsletter · 5/21/2026, 6:33:34 AM

Travel fintech Scapia raised $63M Series C led by General Catalyst with Peak XV, Z47 and Matrix participating. Funds back co-branded credit cards with Federal Bank and Bank of Baroda, AI-native products, and Gen Z travel push. FY25 revenue ₹40.4 cr against ₹83.1 cr loss; user base up 8x, hotel bookings 10-15x YoY.

Mint · 5/21/2026, 5:46:42 AM