Scapia, an innovative Indian startup, has successfully secured $63 million in funding led by General Catalyst. This significant investment not only strengthens Scapia's position in the travel payments market but also effectively doubles its valuation.
The company uniquely combines travel booking with co-branded credit cards and mobile payment solutions, making it easier for consumers to manage their travel expenses. With this new influx of capital, Scapia is poised for expansion and aims to enhance its offerings in the rapidly growing travel sector.