<ul><li>Travel fintech startup Scapia raises $40 million from Peak XV, existing investors.</li><li>The funding round was led by Peak XV Partners with participation from Elevation Capital, Z47, and 3State Capital.</li><li>Scapia plans to use the funds to invest in brand building, develop new services for young travellers, and expand the team by 50%.</li><li>Scapia aims to expand its user base by four to five times in the next year.</li></ul>

Travel fintech startup Scapia raises $40 million from Peak XV, existing investors

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