<ul><li>Travel-focused fintech Scapia has raised $40 million in a Series B funding round led by Peak XV Partners.</li><li>The funding will be used to accelerate product development, enhance AI capabilities, and expand the team.</li><li>Scapia's co-branded card offers several benefits, including no joining and annual fees, 10% rewards on transactions, and access to unlimited domestic lounges.</li><li>The travel fintech space in India presents a significant opportunity, and Scapia is well-positioned to capture a share of the growing segment.</li></ul>

Scapia secures $40M in Series B round led by Peak XV Partners

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