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Scapia Nets $40 Mn From Peak XV, Others In Series A Funding

Summary by Inc42 Media

Former Flipkart executives’ travel fintech startup Scapia has secured $40 Mn (around INR 342 Cr) in a Series B funding round led by Peak XV Partners, along with participation from existing investors Elevation Capital, Z47 and Binny Bansal’s 3STATE Capital. The startup plans to use the fresh capital for product development, team expansion and also integrate AI to further propel its growth chart. Founded in 2022 by Flipkart’s former senior vice pr…

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Analytics India Magazine

Scapia Secures $40M in Series B Funding to Boost Travel and Fintech

Bengaluru-based travel fintech company Scapia has raised $40 million in series B funding, led by Peak XV Partners, with support from existing investors Elevation Capital, Z47, and 3STATE Capital. According to the company, the funding will help product development, team expansion, and the integration of AI into its travel and financial services offerings. “This funding represents much more than capital. It’s a validation of our core belief that …

2 days ago

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