Scapia bags $63M from General Catalyst to scale AI-led travel commerce stack

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.

— Filed Thu, 21 May, 2026, 13:33 IST · Source YourStory · Capital · Updated

Bengaluru travel-fintech Scapia raised $63M led by General Catalyst with Peak XV and Z47 participating. Funds will scale AI-led initiatives, brand and product suite. Co-branded credit card partner with Federal Bank and BOBCARD targeting modern Indian travellers.

Why this matters

Builds on Scapia's recent momentum: $63M raise lifts total funding to $135M and accelerates push of its AI-first travel card suite into Tier-II/III India alongside Federal Bank and BOBCARD partnerships.

Retail-company activity steady at 791 signals in last 90 days.

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