Scapia bags $63M Series C, valuation triples to $539M as General Catalyst takes 9.26% stake

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.

Scapia closed a $63M Series C led by General Catalyst, tripling valuation to $539M and pushing total funding to $135M.

Entrackr · Newsletter · 6/2/2026, 10:10:25 AM · Ask about this →

Scapia + Bank of Baroda + Elevation Capital + Federal Bank + General Catalyst + Peak XV Partners + Z47 +