Scapia Raises $63 Million Series B to Build AI-First Travel Fintech for India
Bengaluru-based travel-fintech startup Scapia has raised $63 million in a Series B round to accelerate its AI product strategy, deepen partnerships with airlines and hotels, and expand its rewards credit card user base beyond 2 million.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $63 M |
| Stage | Series B |
| Valuation | $400 |
| Headquarters | Bengaluru, India |
| Sector | Scapia |
| Coverage | Startup Funding |
Travel-focused fintech Scapia has closed a $63 million Series B round, becoming one of 2026's largest fundraises in the travel-fintech category.
Round Details
What Scapia Does
Scapia issues a co-branded rewards credit card (in partnership with a major Indian bank) that converts every rupee spent into travel points redeemable across 150+ airlines and 700,000+ hotels. The platform has crossed 2 million cardholders.
Why It Matters
Founder Commentary
CEO and founder Anil Goteti said the capital will be used to "build the most rewarding travel financial product in India" and to grow the engineering team across Bengaluru and Bangalore.
What's Next
Scapia plans to launch a forex-free debit product, a UPI-linked travel wallet, and a B2B corporate travel offering in H2 2026.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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