Technology21 May 2026SEO 801 min read

Analysis: General Catalyst just led a $63M bet on India’s travel payments market

Scapia , an Indian startup that combines travel booking with co-branded credit cards and mobile payments, has raised $63 million in a funding round led by Gene…

Scapia , an Indian startup that combines travel booking with co-branded credit cards and mobile payments, has raised $63 million in a funding round led by General Catalyst, with existing investors Peak XV Partners and Z47 also participating. The deal comes despite a broader slowdown in fintech dealmaking. The all-equity round values assigns the startup a post-money valuation of more than $500 million, according to a source familiar with the matter, more than doubling its valuation from around $…

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