Travel-focused fintech startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/scapia” target=”_blank”>Scapia, founded by former ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/small-biz/flipkart”>Flipkart senior executive ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/anil-goteti” target=”_blank”>Anil Goteti, has secured $40 million in an equity funding round led by Peak XV Partners, with existing investors Elevation Capital, Z47 and 3State Capital participating.

data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/ex-flipkart-senior-executive-goteti-starts-up-again-with-travel-fintech-scapia/articleshow/101020508.cms” data-type=”tilCustomLink” target=”_blank”>ET had reported on January 15 that this deal was in the works.

Scapia is making a comeback of sorts after almost stopping services in the wake of a major business slowdown. The fintech’s partner, rel=”dofollow” href=”https://economictimes.indiatimes.com/federal-bank-ltd/stocks/companyid-9211.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Federal Bank, had been barred from offering co-branded cards by the RBI on March 13. The move impacted its…

Travel-focused fintech startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/scapia” target=”_blank”>Scapia, founded by former ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/small-biz/flipkart”>Flipkart senior executive ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/anil-goteti” target=”_blank”>Anil Goteti, has secured $40 million in an equity funding round led by Peak XV Partners, with existing investors Elevation Capital, Z47 and 3State Capital participating.

data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/ex-flipkart-senior-executive-goteti-starts-up-again-with-travel-fintech-scapia/articleshow/101020508.cms” data-type=”tilCustomLink” target=”_blank”>ET had reported on January 15 that this deal was in the works.

Scapia is making a comeback of sorts after almost stopping services in the wake of a major business slowdown. The fintech’s partner, rel=”dofollow” href=”https://economictimes.indiatimes.com/federal-bank-ltd/stocks/companyid-9211.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Federal Bank, had been barred from offering co-branded cards by the RBI on March 13. The move impacted its…