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Scapia Nets $40 Mn From Peak XV, Others To Expand Travel Offerings

  • Flipkart executives' travel fintech startup, Scapia, has raised $40 Mn in a Series B funding round led by Peak XV Partners.
  • The fresh capital will be used for product development, team expansion, and integrating AI technology to drive growth.
  • Scapia offers co-branded credit cards in partnership with Federal Bank, providing unique benefits for Gen Z and millennial travelers.
  • In addition to credit cards, Scapia has a travel app for booking flights, hotels, and domestic transportation.

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