General Catalyst Leads $63M Investment in India's Travel Payments Startup Scapia
Scapia, an Indian startup offering integrated travel booking and co-branded credit cards with UPI-based payments, has raised $63 million led by General Catalyst. The funding values the company at over $500 million post-money, more than doubling its valuation from April 2025. Despite a broader slowdown in fintech dealmaking globally, Scapia's growth is being driven by rising demand for travel and payments services among younger Indians.
Topics: credit cards General Catalyst India startup travel fintech