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Scapia, the travel-focused fintech platform, raised $40 million in a Series B round led by Peak XV Partners.
Founded just last year, Scapia offers a no-forex-fee credit card and a rewards-driven platform for flight and hotel bookings, targeted squarely at India’s travel-hungry millennials.
By the numbers: in FY24, Scapia earned ₹17 crore in revenue. It’s still in its early days, and competes with players like OneCard and Zolve.
The big picture: as Indian millennials shift toward experience-first spending, Scapia sits at the intersection of travel, credit, and digital perks.
