Scapia bags $63M led by General Catalyst as co-branded travel card scales into Tier-II/III India

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.

Scapia raised $63M led by General Catalyst to scale its co-branded travel card in Tier-II/III India and invest in AI and hiring.

Entrackr · Newsletter · 5/21/2026, 6:33:34 AM · Ask about this →

Scapia + BOBCARD + Federal Bank + General Catalyst + Peak XV Partners + Visa + Z47 +