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

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SUMMARY

Scapia has added Peak XV Partners as a new investor to its captable

The fresh capital will be deployed for team expansion and also integrate AI to further propel its growth chart

The Bengaluru-based startup offers co-branded credit cards in partnership with Federal Bank, especially designed for catering to the needs of GenZs and millennials travelers

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…



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


SUMMARY

Scapia has added Peak XV Partners as a new investor to its captable

The fresh capital will be deployed for team expansion and also integrate AI to further propel its growth chart

The Bengaluru-based startup offers co-branded credit cards in partnership with Federal Bank, especially designed for catering to the needs of GenZs and millennials travelers

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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